Word: launchful
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...denied that the talks concerned a CBS buy-out. He said Charles Ferris, a Turner attorney, had made inquiries to the FCC about license- transfer procedures and that the talks were "not related to any particular broadcast group." On Wall Street, analysts doubted Turner had the financial clout to launch a successful fight...
...work. Former Secretary of Defense James Schlesinger characterizes the headier versions of a Star Wars plan as "half Buck Rogers, half P.T. Barnum," and even the most ardent proponents generally con- cede that no technology now known or foreseeable could be guaranteed to destroy every warhead the Soviets could launch. Some percentage would always get through, causing death and devastation beyond the mind...
Once he is ready to launch the final takeover battle, Pickens sets up a command post at New York City's Waldorf-Astoria or Helmsley Palace hotels. From there, he directs the action like a general, keeping in round-the-clock touch with allies and moneymen across the country. "He's incredibly well plugged in," says a Wall Street financier. "One of his great strengths is that he has more sources than anyone." Notes an investment banker: "He's an absolutely brilliant poker player, though there's a little chess in his game...
Wall Street has been abuzz for the past month with rumors that a mysterious investor was acquiring a major stake in Unocal (1984 sales: $11.5 billion) and might launch a takeover battle for the 14th largest U.S. oil company. Last week the great accumulator stepped forward. Texas Oilman T. Boone Pickens Jr. said that he and a group of partners have spent $584 million to acquire 13.8 million Unocal shares, or 7.9% of the company's stock...
Last week a University of Colorado scientist announced that he had recently led an expedition on that grueling trek. Reason: to launch a new study of what could be one of the magnificent "Lost Cities" of the Andes. The remarkably well-preserved complex, known as Gran Pajaten, is thought to have been built by an advanced pre-Incan civilization almost 1,500 years ago. Archaeologist Thomas Lennon, head of the expedition, believes that once excavated, the ancient site may rival even Machu Picchu, one of the grandest Incan ruins...