Word: buyouts
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Dates: during 2000-2009
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...endured a bitter split with his family, the early snubs of oenophiles and ultimately a corporate buyout, but along the way Robert Mondavi showed the world that good wine isn't just the province of Provence. In 1966, after being expelled from the family business, Mondavi founded his own winery. At the time, American wine was considered the dregs of the industry. Mondavi changed that, turning his winery into one of the nation's largest and transforming California's Napa Valley into a premier winemaking region...
...such overhaul would bring far more layoffs than those on the table in the Air France talks. Facing the reality that the buyout may be the only hope to avert massive job losses, both Italian unions and government representatives said late Thursday that they would like to try again with Air France. But there was no immediate word from Paris...
...also something of a barometer for the biggest players in the business. Universal Music, the world's largest record company, saw its revenues dip slightly last year. Low margins at Sony BMG, the industry's No. 2, have left its own music business ripe for a private-equity buyout this year, says Gerd Leonhard, a music-industry consultant in Switzerland. And shares at No. 3 Warner Music have been in freefall for months; a $16 million first-quarter loss was announced in February...
...being the best--or the highest priced--doesn't guarantee profits. Attacked by Japanese copycat brands from below and other cult brands from above over the past decade, the audio market has become a rough place for niche labels like McIntosh. That led to a buyout 4 1/2 years ago by D&M Holdings, a Japanese audio company traded on the Tokyo Stock Exchange--a far cry from the rural headquarters of the McIntosh Laboratory in Binghamton...
...mean no one—even as a senior professor specializing in constitutional law—no one is so experienced that they don’t learn something new from her coverage. She is a national treasure.”THE WEATHER OF THE TIMESGreenhouse’s buyout agreement comes as the Times attempts to cut roughly 100 jobs in the face of a pressing economic situation.In an e-mail circulated to the Times newsroom yesterday and released to The Crimson, Executive Editor Bill Keller referred to what he called “rough economic weather?...