Word: buyer
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...influence directed him to get back into the kitchen. "God will help him find the way," a Monaghan spokesman told the New York Times. But Domino's problems are pretty down to earth. Partly because of stiff competition in the pizza-delivery business, Monaghan was unable to find a buyer willing to pay the $1.2 billion he wants for the company. To emphasize his sincerity as he goes back to work, Monaghan said he may shed such possessions as his vintage- car collection...
...they have been able to raise more than $700 million by selling such assets as Macmillan Computer Publishing for $158 million and Berlitz International for $265 million. But with the deal market in a slump, there have been few takers and even fewer good offers. To attract buyers, the Maxwells have practically had to conduct a fire sale, selling assets for only a fraction of their worth. The Official Airline Guides has been on the auction block for months, for instance, but its likely buyer, Britain's Reed International, will probably not pay more than $500 million. Maxwell paid...
...Building's now modest 1,250 ft.), the grande dame of skyscrapers is apparently still fetching enough to win a new suitor. According to the Wall Street Journal, the landmark's current owner, Prudential Insurance Co., is selling the legendary edifice for a comparatively paltry $40 million. The reported buyer: a member of the Grace family, which founded W.R. Grace...
...investment arm, which suffered mightily from its $962 million takeover of ailing and scandal-ridden E.F. Hutton in 1988. Shearson is just now starting to show signs of recovery from Wall Street's postcrash slump. Amex had hoped to flee the securities business, but after failing to find a buyer for Shearson, Amex injected $1 billion in capital to restructure the firm...
...make our selection as varied as possible," said Jim H. Hardin, the cassette buyer at Tower...