Search Details

Word: buyouts (lookup in dictionary) (lookup stats)
Dates: all
Sort By: most recent first (reverse)


Usage:

...DECISION CAME SWIFTLY AND with little drama. CBS shareholders, in a meeting last Thursday at New York City's Museum of Modern Art, voted overwhelmingly to approve a $5.4 billion buyout offer from the Westinghouse Electric Corp. Before the vote, however, chairman Laurence Tisch had to face the usual gauntlet of indignities. One disgruntled stockholder rose to celebrate "being liberated from the Tisch regime." Another castigated the chief executive's record and said he had "presided over the destruction of CBS as a cultural and educational leader." (Tisch defended his decision to sell off the record and publishing divisions...

Author: /time Magazine | Title: TELEVISION: IS CBS SUNK? | 11/27/1995 | See Source »

Although Investcorp calls itself a merchant bank, it is more like a leveraged buyout firm, the Arab world's answer to Kohlberg Kravis Roberts. Kirdar rounds up brand-name companies and repackages them for sale to deep-pocket clients in the Persian Gulf. At the right moment, Investcorp and its partners "cash out" by selling off acquisitions at a profit--through a private sale or a public stock offering. Investcorp certainly spends money like a billionaires' bank. An eight-story headquarters in Bahrain (Investcorp House) is complemented not only by the premises on New York's Park Avenue but also...

Author: /time Magazine | Title: INVESTCORP: ALL THAT GLITTERS... | 11/6/1995 | See Source »

...shops. When Investcorp took the firm public in 1992, the prospectus said one of its largest shareholders was a shell company owned by Bahrain's Ministry of Finance. This would be roughly equivalent to the U.S. Treasury Department's putting money into a takeover arranged by a Wall Street buyout firm...

Author: /time Magazine | Title: INVESTCORP: ALL THAT GLITTERS... | 11/6/1995 | See Source »

...deal, which would vault Time Warner ahead of the newly combined Walt Disney Co. and Capital Cities/ABC, raises questions ranging from how Levin, Turner, Malone and top Time Warner executives would co-exist to the impact on Time Warner shareholders. The buyout would lock the cerebral Levin into a potentially volatile alliance with the driven and charismatic Turner, who would own about 11% of Time Warner stock and become its vice chairman under the expected terms of the agreement. "In bringing Turner in, Jerry is rolling big dice," says a media-industry watcher. "He may continue to be chairman...

Author: /time Magazine | Title: HUNTING SEASON OVER? | 9/25/1995 | See Source »

...changing face of Harvard Square--from last summer's buyout of Out of Town News by a New Jersey firm to the recent announcement of Barnes and Noble's takeover of the Harvard Coop--is not something to be taken lightly, said Warren M. Little '55, executive director of the Cambridge Historical Society...

Author: By C.r. Mcfadden, | Title: Major Square Building Project Inches Forward | 9/22/1995 | See Source »

Previous | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | Next