Word: altmans
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...companies do not have to file for Chapter 11 to lure the new vultures. "There are many shades of failure," says Sanford Sigoloff, a turnaround specialist who runs the bankrupt U.S. operations of Australia-based Hooker Corp., which owns the B. Altman and Bonwit Teller department-store chains. Such troubled but solvent corporations as Wang Laboratories, the Lowell, Mass., computer maker that laid off more than 1,500 workers last year, have hired "workout" advisers to help pare down their debt. By pursuing a workout instead of bankruptcy, management can maintain control of the company and generally reorganize faster. "There...
...Lawrence 7-14 8-11 22; Kate Hackett 1-1 1-4 3; Bonnie Coutu 0-2 0-2 0; Karen Canavan 0-2 0-0 0; Alison Toth 0-0 0-0 0; Wendy Gerhart 2-7 0-0 5; Sarah Jacobsen 4-5 2-2 10; Trina Altman...
...firms that have been through the takeover wars. The new heroes are turnaround specialists like Sanford Sigoloff. Long known as Ming the Merciless for his fierce cost cutting, Sigoloff now runs the bankrupt U.S. operations of Australia-based Hooker Corp., which loaded up on debt to acquire the B. Altman and Bonwit Teller department-store chains...
...started with good hitting and passing in the first two games," MIT Coach Karyn Altman said. "The second two games our passing...
...became a five point match when we were tied at 10," Altman said. "You forget about the first four four games, and it's who's going to give out first...