Word: buyer
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Chairman David Taylor suggested last week that still more moves may be forthcoming. Conceding that "we've had some rather serious earnings problems," Taylor said the institution may have to merge with another lender and has retained the Wall Street firm Goldman, Sachs to help it find a buyer. "The candidates open to us are numbered among the top 50 banks in the world," he added. For now, Taylor gave investors the disappointing if not wholly unexpected news that Continental plans to save $20 million by omitting its next quarterly common-stock dividend...
Whether it involves finding a buyer for a company like Esmark or plotting the hostile takeover of an unsuspecting firm, mergermaking has become perhaps the choicest job in American finance. "This is the era of the superstars in the merger and acquisition world," says Ivan Boesky, the merger investment specialist. "You've got perhaps ten men guiding the future of corporate America...
...bastards in the background who hold the line." When Pennzoil offered $112.50 a share for Getty Oil last January, Boisi was convinced the bid was too low. So beginning at 7:30 one morning, he phoned six U.S. oil companies and the government of Saudi Arabia to find another buyer. Within 48 hours, Texaco responded with a higher offer. When Pennzoil, advised by Lazard Frères, was slow to close the deal, Texaco moved in. The final price for Getty: $10.1 billion, or $128 a share...
...series caters to the college-aged budget traveler, and accordingly it sells especially well at stores like the Coop. "The marketing figures are astronomical for us and buyers I've talked to at Dartmouth and the University of Washington, where they have similarly sized stores," says George Stephens, a buyer for the Coop...
...that is all one buyer could see in the wondrous fall of Miyake's fabric and the eye-dazzling depths of his layering, two things become apparent: she should not have been buying his clothes at all, and, surely, she will not be buying them well, simply because she does not understand them. But all designers are subject to such whims, and the public pays for them. Customers cannot shop in showrooms. They must rely on stores, whether run by conglomerates or a single entrepreneur, and on the taste of the buyers. No one doubts the profitability of such...