Word: firming
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Dates: during 1990-1999
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...consultants to work at the client's location for several months. At PRTM, they believe in working at the client's location and getting the client's staff deeply involved in the project. Tom (the fearless leader) proudly told me that PRTM has been called "the hands-on consulting firm" and Wang cited the firm's "roll-up-our-sleeves" style as one of its most attractive features...
...effort to reverse its financial woes, the Co-op last December came under the management of Wallace's Bookstores, a Lexington, Ky. firm...
...founder Adeeb Shana'a, "and if we didn't move fast enough, we would lose the potential." Shana'a and co-founder Amit Desai had been determined to shun outside investment, but now they were ready to consider it, and they put out feelers to a venture-capital firm. The financiers offered an introduction to one of their client companies. That turned out to be Personify--somewhat to the shock of Anubis, which had been studying Personify as a potential chief rival. Shana'a and Desai quickly concluded that the companies were an even better fit as partners...
...later, he had built it into a $5 million business. But, he says, "we had to raise a lot more money or settle into a growth rate that in my opinion wasn't enough for long-range prosperity." So in 1998 he sold out to Gresham Computing, a British firm. Gresham coveted Open Microsystems' technology, employee team and customer list. In return, Gresham enabled Open, now renamed Gresham Enterprise Storage, to "get into deeper pockets," as Groves puts...
...jury in Florida indicted Frederick Brandau and his company, Financial Federated Title & Trust, for allegedly defrauding thousands of viatical investors across the country in an elaborate, $115 million Ponzi scheme. Brandau's attorney denies the allegations. Just a month ago, two officers of Justus Viatical, a Pompano Beach, Fla., firm, were charged with selling investors $2 million worth of fraudulently obtained life-insurance policies. Their lawyer calls the indictment a farce. And insurance heavyweights like American General and John Hancock Mutual Life have recently fought in the courts to rescind bogus policies...