CNN The Eighties December 1, 2019 04:28:00
>> corporate america needs some kick now and then to become a little more efficient and a little bit less entrenched. and that will probably do our economy a lot of good. >> thursday, goodyear fended off a hostile takeover bid but victory didn't come cheap. >> goodyear won by buying back half its stock and taking on a huge debt. plants were closed and workers laid off. the company pays $1 million a day in interest to 17 banks worldwide. >> these fellows jump out of the closet, shout gotcha and buy up the company with its own assets, dismember it and erode the industrial base of this country. >...