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...former Democratic presidential candidate described the legislation at a news conference in Cambridge's Technology Square, outside the headquarters of Polaroid Corp., which recently staved off a $3.1 billion hostile bid from Shamrock Holdings Inc. of Burbank, Calif...

Author: NO WRITER ATTRIBUTED | Title: Bill Aims to Limit Takeovers | 5/24/1989 | See Source »

...said Polaroid's experience helped shape the bill. The instant photography company, which is incorporated in Delaware, made use of a Delaware law that bars completion of a takeover for three years unless the raider either gets approval of the target company's board or buys 85 percent of its stock...

Author: NO WRITER ATTRIBUTED | Title: Bill Aims to Limit Takeovers | 5/24/1989 | See Source »

...know they are going to be hit, so Operation Rescue has made appointments at a number of the clinics, relying on cancellations to tell them which targets are unavailable that day. The scouting of the sites has been thorough: there are diagrams of all points of entry and even Polaroid shots of the doorways, so the numbers needed to seal off each door can be apportioned...

Author: /time Magazine | Title: Operation Rescue: Save The Babies | 5/1/1989 | See Source »

...organizations, Hizballah and Islamic Jihad for the Liberation of Palestine, both believed to be holding Western hostages, endorsed Khomeini's threat. Islamic Jihad issued a vow to seek revenge against "all those who take part in strong and ferocious campaigns against Islam." The statement was accompanied by a Polaroid photograph of the three American hostages, Alann Steen, Robert Polhill and Jesse Turner, who were kidnaped from the campus of Beirut University College more than two years ago. But the communique made no new threats against their lives. In Bombay, 10,000 anti-Rushdie protesters rampaged through the streets until police...

Author: /time Magazine | Title: Terrorism The New Satans | 3/6/1989 | See Source »

...most hotly contested use of an ESOP is at Polaroid, which has put 14% of the company's stock into employees' hands as a maneuver in its bitter six- month battle against a takeover bid by Shamrock Holdings, owned by the Roy Disney family. Because Massachusetts-based Polaroid is incorporated in Delaware, where an anti-takeover law requires that bidders must get 85% ownership of a target company to gain control, the ESOP is leaving Shamrock with almost no room to maneuver. When a Delaware court rejected Shamrock's challenge of the ESOP, Polaroid's workers "jumped up and down...

Author: /time Magazine | Title: They Own the Place | 2/6/1989 | See Source »

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