Word: johnson
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...over breakfast at the Plaza Hotel. In a two-day series of round-the-clock meetings that followed, the KKR and Shearson/RJR teams discussed alternative buyout plans. George Roberts, who normally works out of KKR's offices in San Francisco, and Robinson of American Express joined Kravis, Cohen and Johnson in the negotiations...
...step aside. Cohen brushed off the idea as "personally insulting." Once serious talks began, the participants saw they had different strategies in mind. KKR preferred to sell the tobacco business to pay back the buyout loans and retain the food businesses, a good fit with the Safeway chain. Johnson's team wanted to keep the tobacco company and sell off Nabisco, Del Monte and the other non-tobacco parts of the business. Positions hardened shortly after , midnight Tuesday, when KKR partner Roberts made what may prove to be the most expensive personal gaffe in the annals of corporate negotiations...
...real sticking point was the issue of power. KKR has always insisted on controlling the companies it acquires. That policy went squarely against Shearson's promise to Johnson that he could keep 51% of the voting shares. The talks broke off on Wednesday, after Johnson said he would have nothing further to do with...
...with an arms-limitation agreement as he did espousing the U.S. position. John Kennedy early in his presidency grew heated and called Big Steel men "s.o.b.'s," then quickly cooled down and made amends. "If they don't do well, I don't do well," he explained. Even Lyndon Johnson, renowned for his arm twisting, had a more prosaic explanation for most of the successes so often credited to his legendary rage and threats. "Remember the prophet Isaiah: Come let us reason together," Johnson used to say. "Telling a man to go to hell and making him go there...
ASSOCIATE EDITORS: William R. Doerner, John Greenwald, William A. Henry III, Marguerite Johnson, Stephen Koepp, Jacob V. Lamar, John Langone, Johanna McGeary, Richard N. Ostling, Sue Raffety, J. D. Reed, Thomas A. Sancton, Jill Smolowe, Richard Stengel, Susan Tifft, Anastasia Toufexis, Michael Walsh, Richard Zoglin...