Word: walts
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Alongside Gompers returns a host of talented runners, including Peter Jellie, Walt Nagel, Paul Kent, Bill Pate, John Duffy, John Perkins and Jim McDonald...
...snipped ten minutes of dialogue. After a compromise deal the film opened last week nationwide with a righteous 17-and-older restriction. After all, says Golan, "we and the Dereks don't make movies to keep them on the shelves. In Europe, this kind of film is considered Walt Disney...
...Walt Disney Productions and St. Regis Corp., the forest-products firm, have both been victims of greenmail. In a greenmail ploy, an investor buys enough stock in a company to pose a takeover threat in hopes that the firm's officers will buy him out at a premium. Disney paid $297.4 million in June for shares held by Financier Saul Steinberg, who made a quick $32 million profit. St. Regis has been greenmailed twice, first by Sir James Goldsmith, the British industrialist, and then by Loews Corp., the hotel and movie-theater company...
...whiz-bang effects. The older ones danced on their seats. The younger ones bopped around in the arms of their equally delighted parents. The night of music became a sort of day at Disneyland, and knowing Michael's much publicized doting on the works of Old Uncle Walt, this surely was part of the plan...
...greenmailing of Walt Disney was successful, but it may change the whole greenmail game. The New York Stock Exchange and the Los Angeles office of the Securities and Exchange Commission are looking into possible insider trading of Disney stock. The SEC had already pro posed legislation that would require stockholder approval of stock buy-back plans, and the Disney debacle is sure to win it support. Moreover, Democratic Congressman Timothy Wirth of Colorado has conducted hearings that may lead to a legislative crackdown on questionable takeover tactics...