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If Perelman could sell the company, he might be able to eke out his $50 million or so stake in cash, or in the stock of an acquiring company. Normally, a company could choose to ignore such an unsolicited "credit bid", especially one that offers nothing for the company's equity. Perelman still owned 87 percent of the company, a stake that was worth around $100 million on the day of the announcement. Other companies that Perelman used to own or control through MacAndrews & Forbes are long gone, including AM General, the maker of the Humvee; Deluxe Entertainment, a postproduction film services company; Merisant, a manufacturer of noncaloric sweeteners; and Scientific Games, a leading purveyor of lottery games and sports betting tools. FEATURES In May 1989, four years after he shocked Wall Street by buying the cosmetics company Revlon for $2.7 billion, Ronald Perelman, then 46, was named America's richest man by Institutional Investor. [Extracted from the article]

She would bring Alexander to the corner of the restaurant and plop him on a barstool by her station, allowing him to goof around with her and survey the room, and giving his exhausted zombie parents 10 blessed minutes to eat in peace. DEPARTMENTS When we were new parents, my wife and I didn't get to do much outside our home besides our jobs. But soon enough a waiter at the diner from the Peloponnese named George began to recognize us, and when he found out I was a Greek American, the deal was sealed. [Extracted from the article]

I asked Will Shortz, who is the Times's longstanding puzzle editor and NPR's "Weekend Edition" puzzlemaster (as well as the inventor of the original offline Spelling Bee), whether there were any surefire ingredients for a hit. DEPARTMENTS In early January I started seeing a trickle of peculiar posts in my Twitter feed. What she was referring to was another online puzzle phenomenon that preceded Wordle, growing a little more slowly but far bigger: Spelling Bee, a game that appears alongside the New York Times's crossword. [Extracted from the article]

The article reports that a masterpiece of Japanese midcentury design, Tokyo, Japan's Hotel Okura, is in danger of being torn down.

The article features the contributions of the narrator of some of the novels of Richard Ford, such as the book "Let Me Be Frank With You."