1:26:15
There was a story on the news last night
1:26:18
showing life imitating
an old children's riddle.
1:26:22
A truck got stuck at the entrance to the
Holland Tunnel. Too high for the clearance.
1:26:27
For hours, the experts tried to find some way
to unwedge the vehicle, but to no avail.
1:26:34
Finally, a 10-year-old girl in a passing car
1:26:37
suggested simply letting
the air out of the truck's tyres,
1:26:42
thus lowering it to the clearance level,
which they did.
1:26:46
And it worked.
1:26:50
Well, by letting some of the air out of
our strategy to expand into broadcasting,
1:26:55
Miss McGill and Mr Trainer have effectively
shown all of us here at Trask
1:27:00
the light at the end of our tunnel.
1:27:08
Gentlemen and ladies.
1:27:11
I've decided to sell Mr Trask
the Metro Radio System
1:27:14
for $68.5 million in cash and securities.
1:27:18
Now, of course, this is
an agreement in principle.
1:27:21
As to what constitutes principles
in this day and age,
1:27:26
I'm gonna leave that
up to you barracudas to squabble over.
1:27:30
I'm certain they'll want to hear this.
1:27:34
Miss, this is a closed meeting and you can't...
1:27:37
Thank God I'm here.
1:27:39
- What the hell is going on?
- You're being tricked.
1:27:42
- Katharine, what...
- Jack, just trust me and sit down.
1:27:47
I'm Katharine Parker. I'm an associate partner
in Mergers and Acquisitions at Petty Marsh.
1:27:51
And this woman is my secretary.
1:27:55
- She's not.
- Oh, no? Ask her.
1:27:59
- You're not her secretary.
- I can explain, Jack.