Word: premium
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Dates: during 1980-1989
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...arrangement would give Warner stockholders a premium, reflecting the fact that in effect Time was acquiring a slightly larger company with many more outstanding shares, but would leave Time's stockholders with only the prospect that their stock would appreciate over the long run. Moreover, the process of getting Government approval and working out legal details required a 3 1/2-month gap between the announcement and the stockholders' vote on the deal, which left enough time for a hostile bidder to marshal his forces...
Under deregulation, the rates that cable subscribers pay for basic service and rates for premium programs have moved in opposite directions. Paul Kagan Associates, a California-based research group and trade-magazine publisher, found that the average monthly charge for basic service climbed from $11.90 in 1986 to $14.40 last year, an increase of 21%. At the same time, the typical fee for premium offerings such as HBO and Showtime fell from $10.31 a month to $9.91, down nearly...
Thus for many exhausted American families, the premium placed on free time is bringing about both subtle and sweeping changes. In some cases, it means a new division of labor between husband and wife, parents and kids; a search for more flexible professional schedules; or an outright rebellion against the rat race. Any or all of these may force a family to make some hard and intriguing choices. Which is most important? A challenging and fulfilling job? A bigger house? A college education for a gifted child? A life in the big city...
...Grants Pass, Ore., for $15,000 a lb. Almost a million net, even before the powder hit the streets, sold by the gram for nearly the same price as cocaine. A lesser cook chortles, "Those people in Oregon are taking everything we can make, and they pay a premium." Adds Big John with the believer's certitude: "Dollar for dollar, crank is better than coke: coke is just a little sexier, but crank goes eight times as far." It is obviously a more profitable line for American traffickers inclined to avoid exporting their earnings to Colombia...
Pickens' foray drew flak from Tokyo investors, who saw the move as an attempt to elicit greenmail -- the money that a company pays raiders when it buys back their shares at a costly premium. The Japanese government is investigating whether Pickens ambushed Koito by teaming up with secret partners who unethically bought shares for him under their own names...