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    1. Mr. Redstone said the company has lowered annual borrowing costs by over $90 million.
    2. An old-fashioned Boston liberal, he says he is aware of the responsibilities of being involved in the creation of an international youth culture. Redstone encourages certain limits on what is permissible.
    3. Sumner Redstone, chairman of National Amusements, attending the same meeting, declined comment on Mr. Elkes's status at the company.
    4. Mr. Redstone's company, a theater chain based in Dedham, Mass., won a six-month bidding war to acquire Viacom in early March, and hoped to complete the acquisition within 60 days.
    5. One large Orion shareholder said he sold his stake in the $18-to-$19-a-share range, figuring that neither Mr. Kluge nor Mr. Redstone wanted to own the company outright.
    6. Earlier this week, another investor group, led by Sumner M. Redstone, chairman of Viacom and National Amusements, said it holds a 26.8% stake and is seeking government permission to raise it to 36%.
    7. Mr Redstone is Viacom's majority shareholder, so it is largely his own fortune at risk. That also gives him the incentive to apply his undoubted drive to make the takeover pay. Enthusiasts say the potential synergies are huge.
    8. Mr. Redstone added that Showtime is "very profitable and has picked up about 500,000 new subscribers" in recent months.
    9. A graduate of Harvard Law School, where he still teaches an entertainment law course, Mr. Redstone helped crack Japanese signal codes during World War II and later served as a special assistant to the U.S. attorney general.
    10. Dave Harris, a civilian employee with the U.S. Army's Redstone Arsenal, said Texas officials had reviewed the Army facility's plans before allowing the burnings, which he said were environmentally safe.
    11. Mr. Redstone acknowledges that some Viacom operations pose a "difficult" challenge.
    12. Analysts believe Orion regards Metromedia as a friendly suitor should Mr. Redstone attempt to take control of Orion, a New York-based film company.
    13. Mr. Redstone said any sale of a minority interest in Viacom or any of its units would primarily be aimed at improving the prospects for the businesses.
    14. Viacom management's current proposal is valued at about $45 a share, and Mr. Redstone acquired his latest holdings at prices of $39.50 to $41.75 a share.
    15. "There is an escalation in home entertainment, and that is already affecting the exhibition business," Mr. Redstone says.
    16. But relations between Mr. Elkes and Mr. Redstone remained strained.
    17. Mr. Redstone's move, disclosed in a filing with the Securities and Exchange Commission, fueled speculation on Wall Street that a fight for control of Orion may emerge.
    18. Sumner Redstone, president and chief executive officer of theater operator National Amusements Inc., says he hasn't yet decided whether that chain will go along.
    19. During several decades as a theater owner negotiating terms with studios to show their movies, Mr. Redstone has gained a reputation as an iron-willed deal maker.
    20. Some of yesterday's buying also involved "bottom-picking in a bull market," said Paul Redstone, an analyst for Prudential-Bache Securities Inc., New York.
    21. WMS Industries fell 1 1/2 to 8 1/4 after National Amusements denied that either itself or its chairman, Sumner N. Redstone, was interested in a takeover.
    22. Sumner Redstone, chairman of National Amusements, said the loss of Paramount's movies wouldn't hurt Showtime.
    23. But after 60 hours of skin grafts and a lot of determination, Redstone is now a regular tennis player again. 'I have no nightmares about it.
    24. Mr. Redstone, meanwhile, said Viacom has considerable borrowing capacity available if it wants to make a big purchase, which it will pursue "if it makes rational sense."
    25. Mr. Redstone, by contrast, is under pressure to sell certain assets to raise cash to pay off debt associated with his purchase of Viacom last year.
    26. At Redstone, one Soviet group is visiting a launch repair facility and the other a missile storage area, Pease said.
    27. Referring to his cinema experience, Redstone argues: 'If the motion picture worked, the theatres worked.
    28. At age 64, Sumner M. Redstone could easily rest on his laurels as one of the most successful entrepreneurs in the entertainment industry.
    29. Mr. Kluge and Orion Chairman Arthur Krim are friends, leading some analysts to believe that Mr. Kluge made his initial investment in Orion to protect the company from any hostile move by Mr. Redstone.
    Redstone
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