Word: behemoth
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Dates: during 1980-1989
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...hiring Louis-Dreyfus, the Saatchis have harked back to the skill that transformed their small agency in London's Soho district into an international behemoth: hard-nosed financial know-how. The Iraqi-born brothers convinced London investors a decade ago that the ad business was an intriguing play. The logic of global corporate expansion, they argued, demanded an agency that could provide one-stop shopping for multinational firms interested in advertising and marketing services that stretched from Asia to North America to Europe. Such an agency could help companies build worldwide markets for their brands and could reap extra profits...
Seen from miles away, it looks like a giant pearl-gray dirigible hovering over the African bush. Up close, its true shape emerges: a sandy-beige concrete behemoth topped by a gargantuan dome and a copper cross that gleams in the relentless sun. Equally remarkable, the great basilica is built in post-Renaissance style and has two long arms formed by 128 massive Doric columns that reach out from the porch to envelop a 7.4-acre plaza paved with granite and marble. Has St. Peter's Basilica been magically transported from Rome to the heart of Africa? No, this...
...class-action lawsuits have already been filed on behalf of Alaskan fishermen and businesses. The company is even getting something of a cold shoulder on Wall Street, where last week it ran into unexpected trouble selling a $110 million issue of two-year bonds, a modest offering for a behemoth with annual revenues of $88.6 billion...
Recruit was founded as an advertising-sales agency by Ezoe in 1960 with an investment of $2,000. Acting in accordance with his favorite slogan, "Money Comes First in This World," Ezoe built the three-man shop into a corporate behemoth, branching into real estate, supercomputers and restaurant and hotel management as well as a variety of information services. Stock in the expanding conglomerate was closely held until October 1986, when shares in its real estate subsidiary, Recruit Cosmos, were publicly listed on Tokyo's over- the-counter market. Those shares became a new and virtually cost-free vehicle...
...fortitude to stand in the way of a solid agreement between two of America's biggest companies? Yet Time and Warner have long been considered takeover targets, and speculation arose that a raider might go after one of them soon, before a merger could create a nearly invulnerable behemoth. Everyone from Rupert Murdoch to Warren Buffet, the shrewd Omaha-based investor, was mentioned as a possible buyer. But no suitor had come forward by week's end. Time's shares gained 6 5/8 for the week, to close at 115 3/4, and Warner's rose...