Word: cashes
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1990
Sort By: most recent first
(reverse)
...that a merger may help them survive. TWA chairman Carl Icahn, who began pursuing a merger with Pan Am two months ago, finally persuaded the rival carrier to agree tentatively to a deal. Under the terms, TWA would acquire Pan Am for $375 million, or $2.50 per share in cash and securities. The merger, however, depends upon Icahn's ability to provide a bridge loan to help Pan Am cover losses during the low- traffic season after the holidays. One type of financing TWA is considering would require Pan Am, which lost $2 billion in the past decade, to file...
...strong domestic system. Moreover, by selling their London routes to two of the most aggressive U.S. carriers, Pan Am and TWA can expect increased competition overseas. Yet the merger would have at least one advantage: the combined carrier would have to sell off overlapping routes, providing it with additional cash...
What is to be done? Representative Washington has it exactly backward. Forget the crumbs, demand reparations. It is time for a historic compromise: a monetary reparation to blacks for centuries of oppression in return for the total abolition of all programs of racial preference. A one-time cash payment in return for a new era of irrevocable color blindness...
Sorry, No Cigar Doesn't anyone return Fidel Castro's phone calls these days? The aging dictator saw most of his communist soul mates get tossed onto the dustheap of history, and the cash-strapped Soviets may be close to ending their $5 billion annual subsidy. Castro's efforts to expand tourism won't make up the difference...
NATION: Food and cash for the needy Soviets...