Word: buyer
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...Likewise, in Hong Kong?never a bastion of shareholders' rights?minority investors are complaining about rough treatment at corporate hands. In April, Boto International, one of the territory's many publicly traded but family-controlled companies, announced plans to sell its manufacturing operations. The buyer? An entity co-owned by Boto's own chairman Michael Kao Cheung-chong and by Carlyle Group, a $13 billion U.S. private investment firm that boasts heavyweight advisors such as former U.S. President George Bush Sr. Unfortunately for outsiders holding Boto stock, manufacturing is the only part of the company that makes money...
...arch and tone leg muscles. In the 1970s they peaked in popularity, not as an orthopedic shoe but as inexpensive hippie footwear. Today the sandals with the trademark gold buckle and unmistakable staccato ticking sound are back. "Sales are up 630% from last year," says Alan Johnson, a buyer for Shoes.com "It started in January as a very metropolitan craze. Now they've spread to every corner." Their resurgence was probably boosted by Carrie Bradshaw, Sarah Jessica Parker's Sex in the City character, who clops around Manhattan in them. They also complement this season's '70s-inspired bohemian chic...
...mission and vision; expertise in buying for its target markets; innovation; successful events; and business efficiency,” according to publishersweekly.com. Harvard Book Store is well deserving of this distinction. The store holds scores of author events annually, maintains a rich remainders section and offers a great frequent buyer discount plan...
...goodwill impairment" - that's when that extra millions (or billions) in the purchase price turns out to have wasted, when it becomes apparent that the value of the merged company not only isn't more than the original buyer thought it was worth, but a whole lot less. Such losses in actual value used to be quietly swept under the rug, amortized away over the course of as much as 40 years...
...aggressive to passers-by," says Jean-Pierre Clavien, a local shopkeeper. "They created fear and insecurity in the neighborhood." Last week all that aggression culminated in the death of one dealer - an asylum seeker from Sierra Leone - who was stabbed in the liver, apparently after giving chase to a buyer who had run off without paying for his coke...