Word: collectivity
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...company is owned by the participants in the deal. The management group, which invests its own money, often comes away with perhaps 20%. The big investors may get ownership rights for 45%. The remainder is usually held by the investment firm that brought the partners together. It also collects around 1% of the total value of a buyout, plus consulting and other fees. Buyouts invariably increase the value of the stock that executives had before the deal. Afterward the managers generally hold far more of the private company than they did of the public one and can collect hefty dividends...
...renowned for his personal-injury liability work. Belli thinks his case has been strengthened by court rulings in somewhat similar suits outside the tobacco industry. In the past, plaintiffs had to prove that a manufacturer was negligent in making its products. Recently, though, courts have allowed plaintiffs to collect damages without such proof. They need only establish that a manufacturer has made a defective product...
...Scherer, "We have no sick pay, we have well pay." For each month that a worker is neither late nor out ill, the Minneapolis firm awards an extra two hours of salary. And employees who lose no more than three days a year to on-the-job injuries can collect a bonus...
...Robinson and TransAfrica have undertaken another ambitious project: collecting a million signatures denouncing the Rev. Jerry Falwell's accommodating view of the South African government, to be presented next month in a "freedom letter" to the Nobel laureate Bishop Desmond Tutu. TransAfrica had garnered 200,000 signatures by last week, and 50 members of Congress have volunteered to collect at least 1,000 additional signatures each from their constituents...
...This deployment arrangement would be a bit of a personal sacrifice, forcing me to miss the big moment in the piazza. But as the permanent Rome correspondent, I know my way around the press office and the local bookstores better than my colleagues from out of town, who could collect the color and reaction from the crowd. Still, even after seven years in Rome, I continue to forget how things really work here. The bookstores were closing down just as I arrived. The owners also wanted to be in the piazza for Habemus Papam! And so thanks to them...