Word: controll
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Dates: during 1980-1989
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...well known as an investment adviser, few people realize that it has become one of the largest industrial holding companies in America. Though KKR readily sells off pieces of the firms it buys, it usually retains some core businesses. Of the 35 companies it has acquired, KKR still has control of 23. As a result, KKR has become a huge conglomerate. The companies it controls produce everything from French colonial furniture to dairy products. If KKR were classified as an industrial company, according to FORTUNE magazine, its estimated $38 billion in annual revenues would make it the seventh largest...
...over into the Oval Office. The winner, intensely engrossed for so long in confrontational tactics to gain his prize, knows little else. Jimmy Carter, the avenging angel of the politics of "goodness," was so taken with his campaign achievement, narrow though it was, that he tried it with arms control, springing a plan for huge cuts on the Soviets. He offended the Kremlin with his arrogance and lost precious years in arms control. Had Reagan heeded Speaker Tip O'Neill's plea to meet him partway and moderate the deep tax cuts of 1981, the deficits and debt might...
...subsidiary that makes Scott lawn products; the onetime Unisys unit that produces Nu-kote ribbons for typewriters and computer printers. "Management buyouts create powerful incentives for entrepreneurship, risk taking and long-term planning," says Martin Dubilier, chairman of a New York City investment firm that bankrolls many executives seeking control of their companies...
...equipment before him -- control panels studded with dials and gauges, lights, signs shouting HIGH VOLTAGE! -- is necessary just to light a few streets or farmyards, heat up a few dozen toasters, run a few score washing machines. Because, for all its complexity, this installation produces only enough electricity to run some 400 households -- a total of 2.5 million kilowatt-hours a year...
Then came the challenge of getting the plant built and operating within all the constraints imposed by licensing authorities. Buckley and his partners in the Williams River Electric Corp., founded for this project, decided to buy the turbine and generator set and control equipment from China, where they got the best price...