Word: worth
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Dates: during 1980-1989
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...which was 35% more than Time's stock price before the offer, exploited the dissatisfactions of many on Wall Street who had long cherished the notion that Time was worth more in pieces than whole. Since the merger agreement was reached on March 3, some investors had complained that the terms provided Time shareholders with no immediate financial reward. Reason: the agreement called for a debt-free swap of 0.465 shares of Time stock for each Warner share...
...like himself, Mead charged, for too long have been "victims of exclusion, ridicule and financial pressure," and are tired of being treated by church liberals as if they were "brain-dead." Mead and 1,800 like-thinking Episcopalians retaliated earlier this month during a three-day meeting in Fort Worth, where they formed an independent church-within-a-church called the Episcopal Synod of America. It is likely to bedevil the Episcopal Church for years to come...
...cash shortage has prompted bank closings. Because the austral has lost 90% of its value since February, most people try to conduct their business in U.S. dollars, although it is now illegal to do so. According to private estimates, what is left of the economy runs on $500 million worth of austral notes and $5 billion in U.S. currency...
...snob, Wylie makes it his duty to malign agents who represent books he considers vulgar. He has called Janklow the literary equivalent of a heroin dealer for handling novels by authors like Judith Krantz. "They have no lasting value and two years after they've been published are worth nothing," he says with a Grottlesex stammer...
...committing more assaults, rapes and murders. And the aggression cuts across racial and class lines. Experts blame everything from physiological abnormalities to movies, rock music and TV cartoons glorifying brutality. Curbing the violence depends not on tougher punishment but on better treatment programs and restoring values that stress human worth...