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...woes stem from some hasty and shortsighted acquisitions that were made during the 1960s and '70s when the firm, like many other big American corporations, tried to boost earnings by diversifying into fields far outside its traditional lines of business. The entertainment and broadcasting company, for example, bought Random House publishing in 1966 and Hertz car rental in 1967. RCA's biggest acquisition of all was in 1979, when it paid $1.3 billion, or 40% over market value, for C.I.T. Financial Corp., a consumer loan and insurance firm. To raise the money, the company had to borrow heavily...
...they pay their own way and provide funds for other corporate ventures. But we have not yet decided if they do fit into the future of RCA." Wall Street experts are doubtful, however, and believe that Bradshaw will soon unload one, or both, of these properties. It already sold Random House...
College students must learn to cope with pressure to get by. But during the weeks before exams, random pressures of university living intensify, and become, to some, unwidely...
...Truly it is not easy to bring up a family." And truly it is this hard wisdom that lies at the heart of Babar classics. In his poignant introduction, Maurice Sendak, doyen of children's literature, notes that the first three books in Babar's Anniversary Album (Random House; $12.95) were written by a young, dying father who supplied Babar and the other sensitive pachyderms with a philosophy as warm as their habitat. Jean de Brunhoff's son Laurent wrote the last three works with no falling-off of humor or warmth. Brunhoff...
...child has ever wanted to change a frog into a prince, learn the principles of alchemy or snag a unicorn (and who has not?) The Sorcerer's Scrapbook (Random House; $6.95) is an ideal guidebook. Michael Berenstain's straightfaced account purports to be the Life and Times of Nicodemus Magnus, Doctor of Magic and Sorcerer to the Duke, told in his own words. But its true power and humor lie in its chiaroscuro Dark Ages illustrations of dungeons and dragons and a whimsical text that Merlin might have written on the wind...