Word: winstone
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Dates: during 1980-1989
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Even as Johnson backed away from his huge initial stake, rival bidders rushed in to get theirs. The competing offers turned the fight for RJR Nabisco, whose brands range from Animals Crackers to Winston cigarettes, into the brassiest and potentially most damaging brawl in Wall Street history. By last week three groups were locked in a titanic struggle for the company (1987 revenues: $15.8 billion), and the offering price has climbed above $26 billion -- more than the gross national product of Peru or Portugal and twice the sum that Chevron paid for Gulf Oil in 1984 in the largest previous...
...silent movie screenwriter who was almost as famous as the actors for whom she wrote. She went on to become a prolific playwright and novelist whose sharp, witty work sustained a career that spanned seven decades. Her friends included Aldous Huxley and Cecil Beaton and she numbered William Faulkner, Winston Churchill and James Joyce among her admirers. In Gary Carey's biography, however, what emerges is a portrait of struggle and frustration...
...completed, the new owners usually try to bring their debt down to a manageable level -- and pick up enormous profits along the way -- by selling off parts of the company piecemeal. In the case of RJR Nabisco, the total market value of popular individual brands like Oreo cookies and Winston cigarettes may be far higher than the $20 billion price tag for the company as a whole...
...moles would not have dared to undermine Britain's defenses, diplomatic as well as military, as blatantly as did those two ambitious bumblers. After Hitler marched into the Rhineland in 1936, Baldwin rejected pressure to appoint Churchill as Minister of Defense with the compelling logic that "if I pick Winston, Hitler will be cross." In 1938, after meeting the Fuhrer, the deluded Chamberlain could say, "I got the impression that here was a man who could be relied upon when he had given his word...
BOOKS: Taking the full measure of Winston Churchill...