John Putnam
John Putnam
John Francis Putnamwas the art director and designer of Mad from 1954 to 1980. "Until John came to us, Mad was just a comic book," said publisher Bill Gaines following Putnam's death. "He joined Mad as a $75 a week temporary employee, and was the oldest member of the staff both in terms of age and time with the magazine."...
correct franchise question sustained victory whether
It's a victory for J&J, ... I think it's a recognition that Guidant's franchise has at least sustained some near-term damage. Whether they can correct that and when they can correct that is going to be a question going forward.
paid until
They paid an egregious amount. There's going to be dilution until 2010.
claiming clearly egos happy material
Clearly there are egos involved. Clearly (Guidant) couldn't have been happy when J&J lowered their bid, claiming there had been a material change.
admission concession damaged price trying
I think that's an admission that they're trying to renegotiate the price or get some kind of concession for what is damaged property,
surprised walked
I wouldn't be surprised if they walked away.
bid discipline financial known originally potential
For them to bid more than they originally bid would have signaled to other potential acquisitions that they didn't have the financial discipline they've always been known for.
breakup fee money pay picking reality somebody walking whatever
The reality is, J&J probably doesn't care, ... It has the money to pay whatever breakup fee is involved. I don't see somebody else walking in here and picking up Guidant.