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...WEAKEST TAKEOVER DEFENSE Pillsbury's "just say no" strategy failed to fend off British consumer-products giant Grand Metropolitan. The Dough Boys also tried a "poison pill" strategy that would have awarded current stockholders a larger share of the company, making it far more expensive to purchase. But a Delaware chancery court ruled against Pillsbury's tactic, and it was gobbled up last week for $5.C5 billion...

Author: /time Magazine | Title: Most of '88 | 1/2/1989 | See Source »

...news from the Commerce Department looked bad. Showing the effects of a still high trade deficit and this summer's drought, the U.S. gross national product expanded at an annual rate of only 2.2% in the third quarter, down from 3.0% in the previous three months and the weakest performance in nearly two years...

Author: /time Magazine | Title: Business Notes:THE ECONOMY: Steady as She Goes | 11/7/1988 | See Source »

Some say it is the Harvard football team's weakest link...

Author: By Mark Brazaitis, | Title: Will Dogs Have Day In Stadium Scuffle? | 11/5/1988 | See Source »

...field, the Soviets dazzled and wowed with their daring assortment of triple flips on the vault, the rings, the high bar and the floor. And they also drew appreciative applause for their consistently solid performances, technical superiority and bold originality, outscoring every team on every apparatus. Even the weakest Soviets introduced elements never before seen in Olympic competition. If the all-around did not restrict each team to just three entrants, all six Soviets would have made it to the competition. "They are the absolute masters," conceded Mike Jacki, executive director of the U.S. Gymnastics Federation. "It's like...

Author: /time Magazine | Title: The High And the Sprightly | 10/3/1988 | See Source »

...mainstay, who wooed quietly with her elegant lines and dramatic presentation. Rumania was represented by Silivas, 18, a charismatic performer with an instinct for selling her quick, precise routines to the audience. Coming into the final rotation, the vault, Silivas held a slight edge. Although vault is her weakest event, she held tough to the last, scoring 9.95. Nothing less than a perfect 10 would deprive her of the gold. But Shushunova had already scored two 10s in the event in the team rounds. She knew what was needed -- and with little fanfare, she delivered. Even before the scoreboard flashed...

Author: /time Magazine | Title: The High And the Sprightly | 10/3/1988 | See Source »

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