Word: finkelstein
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Dates: during 1980-1989
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...Pierce Barker and Carol Frost of Friendship, Md., did not bother with family at all, nor were they intimidated by the perils of hyphenating. They gave the child the surname Roth-Tubman, after the author Philip Roth and the 19th century abolitionist Harriet Tubman. Similarly, in Newton, Mass., Harry Finkelstein and Jamie Kelem junked their surnames and became the Keshets, from the Hebrew for rainbow...
Enter Macy's. The 130-year-old company, founded by a former Nantucket whaler, stunned Wall Street by joining the fray. Chairman Edward Finkelstein, a shrewd, 40-year veteran with the company, had taken the firm private in a $3.7 billion leveraged buyout in 1986. Loaded with debt after that deal, Macy's seemed incapable of takeovers. Says Pavlos Alexandrakis, a retail analyst for Argus Research: "It's the last company you would expect to be out shopping...
...Federated managers, Macy's entrance made perfect sense. They were reassured by Finkelstein's retailing record and his interest in keeping Federated's prime chains. By a unanimous vote, Federated directors accepted Macy's bid. But stockholders may not follow. Because Macy's offer involves cash and a future stock swap of Federated shares for shares in the new firm, * the value is unclear. The two bids are believed to be comparable, but Federated stockholders have to decide whether they want a payoff now from Campeau or bet on the fate of Macy's-Federated...
Jessica S. Ancker '87 and Laura H. Finkelstein '87 returned from class at 11:50 Tuesday morning to find that all the drawers in the room had been rifled and two $1500 silver-plated flutes taken...
...October 6 article entitled "Radio Station Confronts Decline in Ad Revenues" incorrectly identified Laura H. Finkelstein '87. Finkelstein is the president of WHRB, not its station manager...