Word: agreements
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1990
Sort By: most recent first
(reverse)
Icahn raised money for the merger by agreeing last week to sell TWA's profitable U.S.-to-London routes to American Airlines for $445 million. Just last October, Pan Am entered into a similar agreement to sell its London routes to United Airlines for $400 million...
While deficit cutting is good long-term policy, the immediate effect is likely to be more pain. "We are raising taxes in the teeth of a recession," Ratajczak noted. "I am not sure that many people would call that a useful idea." Added Fosler: "The budget agreement was very much like spraying shrapnel. It was sort of an AK-47, as opposed to a target rifle, in terms of its impact on the economy. Lots of sectors are going to be paying higher fees and costs for public services...
...week Chrysler said the Beverly Hills investor had accumulated more than 9% of the troubled automaker's stock at an estimated cost of $250 million. Kerkorian met with Chrysler chairman Lee Iacocca earlier this month and professed support for the company's management but refused to sign a "standstill" agreement to stop increasing his stake, a Chrysler spokesman disclosed. Girding for a possible takeover bid, Chrysler has strengthened its poison-pill defense plan, which will allow current stockholders to buy shares at below- market prices if any investor acquires a stake of 10% or more...
...story is no better outside the U.S. Efforts to come to grips with global climate change amount to a desultory drift from conference to conference, without international leadership or any agreement about what should be done. The destruction of tropical rain forests continues unabated. All around the world, the expectations of Earth Day have given way to enervating debate and procrastination...
...Outright Horse Swap. More attractive to Saddam would be an arrangement in which he would depart Kuwait, again apparently unrewarded. Kuwait, by prior secret agreement, would grant him concessions. Saddam could be forgiven the $10 to $20 billion he borrowed from Kuwait to wage war against Iran. Kuwait could lease to Saddam the two islands he covets, Warba and Bubiyan, perhaps for many years or maybe in perpetuity...