Word: bronfmans
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Dates: during 1990-1999
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...share. It closed the week at $39. Some of the recent buying came from Seagram, the beverage giant, which boosted its holdings to 14.9% of Time Warner's shares. But more came from traders reacting to a sudden storm of rumors that Seagram's president, Edgar Bronfman Jr., had finally decided to go for an outright takeover. Rumors endowed Bronfman with a long string of potential allies (several phone companies, the cable-TV firm Tele-Communications Inc. and such Hollywood powers as superagent Michael Ovitz and QVC chief Barry Diller) and even set a potential price: $55 for each...
...says records of private meetings held between East German leaders and W.J.C. delegations before the Communist regime collapsed show that a representative of the Jewish group expressed support for keeping East Germany a separate state. "Reunification is not on the agenda," Maram Stern, an aide to W.J.C. president Edgar Bronfman, was quoted as telling the East Germans. "The W.J.C. will do everything it can so that it should not come about." Wolffsohn examined the East German documents last summer, but they won't be seen again soon. After unification, the archives came under federal German rules and were sealed...