Word: alaine
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...When Alain levy was executive vice president at PolyGram records in 1989, a representative for Island Records came to see him with an offer to sell the independent label for $300 million. Levy knew that Island?s roster of popular acts, including U2 and Bob Marley, could boost PolyGram?s efforts to build market share quickly. But there was a caveat: if Levy wanted the deal, it had to be inked before the agent left the premises. Business executives negotiate for weeks, even months, before spending that kind of money. Not Levy. By 1 a.m., the deal was sealed...
...Vroom! Michael Schumacher passed the checkered flag for a fourth World Championship and a pair of records. A 52nd Formula One victory for the German driver outpaced Alain Prost both in races won and championship points scored. Poor Prost lost more than his No. 1 spots: his F1 racing team ran out of track and called in the receivers...
...Among iGabriel?s high profile investments: Open Business Exchange (see Alain Falys, No. 22) and Sourceree, which offers a Web-based supply-chain management system. Now Muirhead is preparing to launch his latest venture, InterProvider, which supplies proprietary software and service interconnections to telecom operators. This will allow them to offer large corporate customers the advantages of a virtual private network without having to expand - or build - their own international facilities...
...Alain Falys OPEN BUSINESS EXCHANGE Co-founder and CEO 35, Belgian-French www.obexchange.com...
...driver who has dominated Formula One racing for the past seven years. Despite occasional reservations about his tactics on the track, Schumacher is recognized as the best there is. His emphatic Aug. 19 win in the Hungarian Grand Prix gave him a fourth Formula One drivers' championship and tied Alain Prost's career record of 51 race victories. Schumacher had a good weekend. He had set the best time in practice, bagged pole position on the grid by more than half a second over his championship rival, McLaren driver David Coulthard, and led the race from start to finish. After...