Word: fred
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...Texas raider ran into a totally determined foe in Unocal Chairman Fred Hartley. His company managed to repel Pickens primarily with a $3.6 billion offer to buy up part of its outstanding stock for $72 a share, compared with the raider's bid of $54. Ordinarily Pickens would have responded by simply cashing in his 12% share of the company and walking away with a fat profit. Unocal made him exempt from the offer, however, which was a daring strategy since companies generally presume that the law requires them to treat all stockholders equally. Yet in a surprising reversal...
...support the massive debt, the company will probably have to trim back its oil exploration and perhaps even sell some assets to raise cash. Nonetheless, Unocal management saw the battle with Pickens as almost a moral duty. Many other corporate leaders agreed. Declared Armand Hammer, Occidental Petroleum's chairman: "Fred Hartley deserves a Nobel Prize for his courage and determination to ward off an attack. This will send a signal to all future raiders...
...particulars of Ueberroth's program have been worked out, the details have not been released. But owners and general managers are racing each other to be No. 1 in line. "I endorse it heavily," says Chicago Cubs General Manager Dallas Green; St. Louis Executive Fred Kuhlmann offers, "I would be the first to volunteer...
...batswomen boasted the hottest pair of rookies to hit the Boston area since Fred Lynn and Jim Rice stormed the Red Son a decade ago--the double play combination of second baseman Mary Baldauf and shortstop Sharon Hayers...
Like few other Hollywood directors, this one embraced multitudes: Gunga Din and James Dean, Cary Grant and Anne Frank. Exploiting the movies' passion for teamwork, he wrote gags for Laurel and Hardy, struck the first sparks for Tracy and Hepburn, directed Fred and Ginger in their most sublime pas de deux (Never Gonna Dance, from Swing Time). And yet, in Alice Adams, A Place in the Sun and Giant, he displayed an affinity for ambitious outsiders with their noses pressed against the frosted window of the American dream. Maddeningly meticulous, he could earn a laugh by simply waiting...