Word: buyouts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Lewis acquired food giant TLC Beatrice International in a $985 million leveraged buyout. The coup made Beatrice the largest black-owned business in the country, with Lewis at the helm...
...never had to. His latest blockbuster deal came two weeks ago when Walt Disney Co. agreed to pay $19 billion to acquire Capital Cities/ABC. Buffett, whose Berkshire Hathaway holding company is the largest stockholder of Capital Cities/ABC, brokered the buyout and saw the 20 million shares that Berkshire had acquired for $345 million a decade ago surge to a value of $2.3 billion as a result of the deal. The merger raised the value of the investment by $400 million overnight...
President Clinton has denounced it, Disney's buyout of ABC may have foreshadowed it, and thelong-distance telephone and cable companies are lobbying furiously to make it the law of the land. After midnight Thursday, the House is expected to pass a major telecommunications reform package that could transform the marketplace, freeing cable-TV and local and long-distance telephone companies to get into each other's businesses. Critics, including the President, worry that such massive deregulation would encourage media firms like Disney to merge into near-monopolies. "They're taking it up in the middle of the night, when...
...black by next year. "They wanted to do a ritual slaughter for the amusement of Wall Street. They've done it, and the 80 children of the Chandler family made lots of money," says Jim Dwyer, a New York Newsday columnist who was unsuccessful in negotiating an employee buyout...
...entertainment business. It tells the top players how much they are wanted or not wanted. You want Sylvester Stallone for a picture, so you pay him $20 million. You want to get rid of Robert Morgado, the recently deposed head of Warner Music, so you contemplate a buyout package that's been estimated at upwards of $30 million...