Word: shared
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Dates: during 1990-1990
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...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 after the holidays. One type of financing TWA is considering would require Pan Am, which lost $2 billion in the past decade...
When the University of Texas Longhorns meet the University of Miami Hurricanes in the Cotton Bowl on New Year's Day, the football teams will have to share billing with a third powerhouse: Mobil Corp. The oil company's name will be emblazoned on stadium signs and embedded in the AstroTurf at the 50-yd. line. In fact, the extravaganza has been officially rechristened the Mobil Cotton Bowl. Mobil earned title rights to the game for seven years by paying millions of dollars to the organizers, the Cotton Bowl Athletic Association...
...German unification, and the Japanese Finance Ministry is grumbling about the nation's heavy debt. The U.S. Administration has some fancy arm twisting to do -- and if it fails, some even fancier explaining to Congress and the public as to why the U.S. should bear so disproportionate a share of the cost, in money and maybe in lives, of defeating Iraq's aggression...
...Christmas. He helped the President light the White House tree and in a short speech noted the curious intermingling of doubt and joy enveloping the world: "Let the children have their night of fun and laughter. Let the gifts of Father Christmas delight their play. Let us grownups share to the full their unstinted pleasures before we turn again to the stern task and the formidable years that lie before...
...country change after liberation? Is it worth dying for? -- The allies seem to shrink from paying their share of gulf costs. -- Democracy knocks in Eastern Europe, but is anyone home...