Word: stakes
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...share the cost. In Tokyo, Disney gets a management fee for licensing its brand to DisneySea, but it has invested virtually nothing in the resort. In France the company now owns only 39% of the property. In Hong Kong, Disney has paid only $310 million for a 43% stake in a venture that is valued at around $4 billion...
...Friday's letter, PSLM asked the Corporation to divest Harvard from Highfields Capital because of its stake in the gambling industry...
...force a three-way tie in the loss column atop the Ivy standings along with Brown (10-9, 5-1), but a loss would give the Quakers (12-5, 4-0) a comfortable two-game cushion over the Crimson. The Harvard players are well aware of what is at stake...
...should be music to Congress' ears. In Senate Judiciary Committee hearings that began Wednesday, many senators are favoring some takeover of TWA, even by American, because of the thousands of jobs at stake, particularly at the dying airline's St. Louis...
...separate company, which would then be merged with News Corp.'s own satellite unit, Sky Global Networks. The resulting company would be majority-owned by new Hughes shareholders (currently, the company is merely a tracking stock) but controlled by News Corp. by virtue of its largest-shareholder 36 percent stake, giving Murdoch control over the day-to-day operations. (There are some other potential machinations, including a $4 billion investment by Microsoft, but with the deal weeks away from even glimpsing the finish line, there's really no point in getting into them here...