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...much as $14 billion. The company (estimated total revenues: $10 billion) would have an estimated cash flow of $2 billion, which would be tapped for loan payments. "These are great organizations with very good cash flows, so the debt doesn't have to be a negative," observes William Farley, chairman of Chicago- based Farley Industries, which took over West Point-Pepperell in a hostile bid this year. But, he adds, "it takes a certain kind of management to deal with that kind of debt. You're that much closer to the edge. You can't afford to make all that...

Author: /time Magazine | Title: Return To Sender | 6/26/1989 | See Source »

Second Period--No scoring. Penalties--BC, Kennedy (roughing) 6:58; H, Caplan (Roughing) 6:58; BC, Braccia (hitting from behind) 10:13; BC, Farley (highsticking) 13:39; H. Bench, served by Murphy (too many...

Author: NO WRITER ATTRIBUTED | Title: Scoreboard | 11/28/1988 | See Source »

...most specific complaints have come from tenants Jacqui Kennedy and Frank Farley. They say they fear the owners might try to turn the building into a type of co-op in which only subsidized tenants or those who could afford mortgage payments would be able to stay...

Author: By Carolyn J. Sporn, | Title: Harvard Lost Little When Selling Rent-Controlled Housing Units | 11/17/1988 | See Source »

...addition, CCHI and Harvard gave a party on November 9 to celebrate "the preservation of affordable housing" through the sale. Kennedy and tenant Frank Farley said they never received invitations...

Author: By Carolyn J. Sporn, | Title: Housing Group Buys Harvard Building | 11/15/1988 | See Source »

...week when the Macmillan publishing firm accepted a $2.5 billion offer from British financier and press lord Robert Maxwell. In Georgia, Joseph Lanier, chairman of West Point Pepperell, which makes Arrow shirts and Martex towels, was determined to beat back a bid for his company from Chicago investor William Farley, whose company makes Fruit of the Loom underwear. Said Lanier: "We intend to whip him, and are going to fight him until hell freezes over...

Author: /time Magazine | Title: Buddy, Can You Spare a Billion? | 11/14/1988 | See Source »

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