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Word: buyouts (lookup in dictionary) (lookup stats)
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...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...

Author: By Curtis R. Chong, | Title: HLS Benefactor's Portrait Unveiled | 9/13/1995 | See Source »

...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...

Author: /time Magazine | Title: NOW HE'S EVEN RICHER | 8/21/1995 | See Source »

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...

Author: /time Magazine | Title: TELECOM REFORM . . . MIDNIGHT MADNESS? | 8/3/1995 | See Source »

...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...

Author: /time Magazine | Title: DECLINE OF THE TIMES | 7/31/1995 | See Source »

...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...

Author: /time Magazine | Title: THE DEAL THAT WASN'T | 6/19/1995 | See Source »

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