Word: kohlberg
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...company's 14-member board in a bid to force Texaco to consider his $60-a-share takeover offer. While the exact tally of the votes is likely to take several more weeks, Icahn figured that he narrowly lost after several major stockholders, notably the Manhattan investment firm Kohlberg Kravis Roberts, said they had voted for Texaco's current management...
Sharing equally in their firm's good fortunes this year were three partners of the San Francisco- and Manhattan-based investment firm of Kohlberg Kravis Roberts. Masters of the so-called leveraged buyout, Jerome Kohlberg, 62, Henry Kravis, 43, and George Roberts, 44, each earned $50 million. Neck and neck were former Treasury Secretary William Simon, 59, chairman of Wesray Capital in Morristown, N.J., an investment firm, and Raymond Chambers, 44, president of that company. They pulled down an estimated $45 million to $50 million each...
...Kohlberg was born in Bronxville, New York. Hereceived his B.A. and Ph.D. in psychology from theUniversity of Chicago. He was most noted for hiswork in the development of moral judgement,colleagues said...
After serving in the merchant marine in WorldWar II, Kohlberg helped Jewish refugees flee fromFrance and enter Palestine illegally, Gutmannsaid...
...Kohlberg is survived by two sons, DavidKohlberg of New York, and Steven Kohlberg ofBoulder, Colorado and his former wife, Lucille