Word: waved
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Dates: during 1980-1989
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...even instigate buyouts because as major shareholders they stand to profit. The resulting companies may be leaner, but often they are also weaker, with little money to invest in expansion or innovation. Says Michel David-Weill, the French senior managing partner of the Lazard Freres investment firm: "The wave of leveraged buyouts is weakening the competitiveness of many U.S. companies that have fought so hard to regain...
Loopholes in the campaign reform laws have helped business donors make the 1988 election the most free- spending in history. -- A new wave of merger mania...
...bargains, urban consumers enjoy a day in the country and engage in a venerable American dream -- the inalienable right to pursue the deep discount. Says Charles Bloom, a Flemington-based developer who has put together six profitable factory-to-you outlet villages in the U.S.: "This is the wave of the retail future...
...little Flemington (pop. 4,000), once a center of iron foundries, the wave is of tidal proportions. The town's history as a bargain haven goes back to the turn of the century. Its success, though, really took off in 1921, when the Flemington Fur Co. opened its doors to sell the fur coats it made there.The outlet became an East Coast shopping mecca. These days it sells a $10,500 mink coat for a mere $7,895. Furs were not enough to save Flemington. In the mid-1970s, when the town was losing business to shopping malls...
...party that says what Prime Minister Shamir may only think. It now holds four seats and may win as many as seven. "We want annexation," declares Yuval Ne'eman, party leader and director of the Israeli Space Agency. At a minimum, Tehiya would insist that Shamir launch a new wave of Jewish settlements in the West Bank and promise in writing never to approach a negotiating table with a land deed in his back pocket...