Word: worth
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Dates: during 1980-1989
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...Japanese electronics manufacturer in recent memory has put its cherished brand name on a U.S. company's product. But Fort Worth's Tandy Corp., which makes Radio Shack products, said last week it has struck a breakthrough deal to supply personal computers to Japan's Matsushita Electric. The giant company will sell the computers, priced from $999 to $5,299, in the U.S. under its Panasonic label. Tandy chairman John Roach touted the event last week as a symbol of resurgent U.S. competitiveness. Said he: "It's a sign of the times that an American manufacturer is in this position...
...Robert Maxwell is a whirling dervish whose hyperkinetic activity seems designed to distract and confuse. In seconds, he can switch from a jaunty Brit to a ruthless schoolyard bully and back again. He is said to be worth $1.4 billion. Yet despite the colossal Mont Blanc gold pen he wields | like a fat cigar, the enormously expensive Lord & Stewart suit, the butter- soft cashmere overcoat, the private jet, the helicopter, the yacht with a crew of 14, the personal chef, the Rolls-Royces, the thing Maxwell really values most is time. Whether dealing with family, managers or minions, Maxwell...
...herd of cash-cows to sustain an increasing debt necessary to finance his global expansion. With his military training, he does best with a clear enemy, and currently that is Rupert Murdoch. In their Hertz-Avis relationship, Murdoch is several long steps ahead. His News Group Newspapers, Ltd., is worth $13 billion, with a $6 billion debt, whereas Maxwell Communication Corp. runs at around $5 billion, with roughly $2 billion in debt. Murdoch's tabloid, the Sun, sells 4.2 million copies a day to 3.2 million for Maxwell's Daily Mirror. "What Murdoch has achieved is stupendous," concedes Maxwell...
...seem a natural to do Dickens. Walt was, after all, the Dickens of his day, deviser of a comprehensive world in which humor taught homilies and fantasy purred up against sentimentality. But not until now has the studio based a cartoon musical feature on a Dickens tale. It was worth the wait. Oliver & Company is Dickens with a twist, and Disney with a treat. Turning Fagin's gang into canines, transporting them to modern Manhattan and embroidering the scene with street vendors and Tiffany dog tags, the picture makes for a luscious comic valentine to New York City...
Instead, the board could decide that the best course of action would be to sell off the company's subsidiaries without going through an LBO. The board might sell Nabisco's food divisions and distribute the proceeds to stockholders. Although this would take longer, RJR Nabisco could be worth more than $100 a share. Few corporations have a more marketable package of assets, which include such consumer brands as Del Monte canned goods, Blue Bonnet margarine, Planters nuts and dozens more...