Word: buyout
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...left 80% of the British package-holiday business in the hands of just four companies. Hotels started an era of frenetic consolidation slightly earlier. In 1997-98 more than $25 billion worth of property changed hands, including the purchase of Inter-Continental by Bass Hotels & Resorts and Marriott's buyout of Renaissance...
Murray said that because his partner was not considering any other option, he entered into buyout negotiations with...
...days before the shop was scheduled to reopen on April 29, Murray said Betrouni stopped work and refused to open the store until a buyout agreement was reached...
...What you buy is more important than what you pay. "You buy the wrong business at 25% less than you should, and you take a little longer to go broke," says buyout artist Ted Forstmann. "You buy the right business at 25% more than you should, and you make five times your money instead...
...risk, no reward. "You have to be in the game to win," says Gary Wilson, whose daring buyout of Northwest Airlines nearly ruined him before minting him a fortune. That's about as basic as it gets--and the chief argument for owning stocks...