Word: bolland
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Dates: during 2000-2009
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...that eBay tinkered with his proprietary software in a move to replace it, thereby possibly voiding any future claims the Swede might have against it or Skype. The Scandis see it differently: "eBay is trying to take from Joltid what it couldn't buy," says London-based spokesman Mark Bolland, noting that the webphone company's source code is something Zennstrom and Friis have always jealously guarded, never selling it to anyone...
...economy that is driving many firms out of the stock market. As investors, especially institutional investors, focus on big-growth, high-tech stocks, smaller, nontech companies don't show up on the radar, even if they are profitable and growing steadily. Martin Bolland, a partner at Alchemy Partners, a London private-equity investment firm, says that because smaller companies are hard to track, "they are an inefficient way of investing" for fund managers. Of the companies that have gone private, more than 90% are in traditional industries such as paper, textiles, food and water, reckons the University of Nottingham...
...what can buyout specialists do with these enterprises once they've been pumped up? Alchemy's Bolland says it's usually easy to sell the revamped companies to bigger competitors. "It's really all about consolidation," he says. And consolidation is good, claim today's buyout barons. They see themselves not as corporate raiders stalking bloated conglomerates but as value hunters salvaging sound companies unloved by today's stock markets...