Word: lazard
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Dates: during 2000-2009
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...actually owns the newspapers, including Britain 's Daily Telegraph and the Chicago Sun-Times? That's the key question following Black's surprise deal last week to sell his holdings to the reclusive Barclay brothers for a bargain $466 million. Infuriated, Hollinger's board has told its investment bank, Lazard, to find other buyers. "The board believes it has the authority to sell assets without the authority of the controlling shareholder," says a source...
...works there, 24/7. And being there makes all the difference. A Yale liberal-arts graduate, Prouty spent the first 20 years of his career at Citibank as a senior credit officer lending to multinational companies, and the next 15 financing $100 billion worth of mergers and acquisitions at Lazard Freres before exiting as a general partner. Prouty could have retired. "But that was a sure way to feel like an old man on the shelf," says Prouty, 61. "Instead I chose to work with people half my age and twice as smart...