Word: rivaling
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Dates: during 1990-1990
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...with most of the traffic and a handful of debt-ridden ones struggling to stay aloft. Last week two of the weaker airlines decided that a merger may help them survive. TWA chairman Carl Icahn, who began pursuing a merger with Pan Am two months ago, finally persuaded the rival carrier to agree tentatively to a deal. Under the terms, TWA would acquire Pan Am for $375 million, or $2.50 per share in cash and securities. The merger, however, depends upon Icahn's ability to provide a bridge loan to help Pan Am cover losses during the low- traffic season...
Have you heard the one about the two comedy networks that decided to merge? It goes like this: for nine months now, two competing cable channels have been offering rival menus of round-the-clock comedy. On one side of the TV dial is the Comedy Channel, run by Time Warner subsidiary HBO. On the other side is HA! the TV Comedy Network, owned by Viacom International, which also operates MTV. The problem: both channels are losing money. Hoping that two can laugh as cheaply as one, the jousting jokesters disclosed last week that they would merge to form Comedy...
...state of near anarchy. Gorbachev lost his best and perhaps his last chance to remain the leader of the reformists in October when he backed away from a 500-Day Plan for radical economic reform that had been worked out with Russian republic leader Boris Yeltsin, his chief domestic rival. When Gorbachev substituted a watered-down plan, Yeltsin rejected it with contempt. Though Gorbachev talked the Supreme Soviet into giving him the power to rule virtually by decree, the republics declared many of his decrees null and void, leading to what both sides rightly called an intolerable "war of laws...
...Life Millie, the White House's resident English springer spaniel, earned more advances than any other member of the Bush clan. The First Pooch released her "autobiography," as dictated to Barbara Bush, and then pawed her way past such rival authors as Ronald Reagan toward the top of the best-seller lists...
...arrival. And while partitions and signs did not hem in the Hamptons' liberty, crime and congestion eventually did. A family of four was killed when a gunman mistook their home for that of an enemy. Another neighbor, about three doors down, lost a son in a shooting, and rival gang members took revenge on the young man even after his death by riddling his coffin with bullets. The Hamptons' daughter had her car stolen, and police helicopters regularly buzzed their neighborhood...