Word: gillian
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Dates: during 1990-1999
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Still barging ahead, Campeau acquired Allied for $3.6 billion in 1986. He stunned U.S. retailers two years later by besting the powerful R.H. Macy & Co. in a $6.6 billion battle for Federated. Recalls Jon Levy, chairman of Gillian Group, a leading dress manufacturer: "After a while, it became a contest of wills and ego. Campeau came to feel that it was a game and he had to win the prize." But the price of victory was a debt load that included $2.25 billion of junk bonds that pay as much as 17.75% interest...
...crippled by the financial turmoil. For one thing, the exodus of experienced managers comes at a time when department- ! store retailers are under attack from catalog merchants, discounters and specialty stores. Moreover, a crunch could occur this spring if Campeau's troubles cause more suppliers to defect. Says Gillian's Levy: "All I care about now is for the situation to be resolved as soon as possible, or Federated will no longer be viable. The longer they procrastinate, the longer they go without merchandise. Then customers will start going to other stores, and Federated will lose them forever...
When Cornell's Melissa Gambrell was penalized for delay of game with 23 seconds remaining in the second period, thing looked good for Harvard. But the tides turned quickly 10 seconds later, when Linda Campbell scored on a short-handed, unassisted breakaway, pushing the puck past Harvard junior netminder Gillian D'Souza...
...Gillian [D'Souza] was outstanding," Dooley said. "This was her best game and hopefully it will continue...