Word: manhattans
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Dates: during 1980-1989
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...skiing weekend and that Roberts was flying back to his home in San Francisco. But Kravis and Roberts stayed in close touch with their team in New York City as it prepared the final attack. When the directors met last week on the 35th floor of a midtown Manhattan skyscraper to open the final bids, they found that Kravis and Roberts had pumped their offer up to $106 a share, while the apparently complacent Johnson group bid only $101. A board adviser also noted that "KKR had the sounder financial structure." The First Boston team, meanwhile, withdrew from the competition...
...frenzied bidding has gone so high that many serious collectors and museums on tight budgets are being priced out of the market. But no ceiling is in sight. Says Richard Feigen, a Manhattan art dealer: "Investors have converted art into a financial instrument. The process isn't going to change...
...calculate LDL and HDL levels. Even many laboratories have been unable to give consistently accurate counts of HDL. Yet that figure may be the most vital statistic of all in evaluating cardiovascular health in otherwise moderate- or low-risk individuals. Says Dr. Bruce Gordon, associate professor of medicine at Manhattan's Rogosin Institute: "There are a sizable number of people who would be inappropriately treated unless their HDL levels were taken into account...
...still limps. Despite plastic surgery, her nose is crushed and her upper lip is permanently split. But when she testified last week in a Manhattan courtroom against her former live-in lover, who is accused of beating to death their illegally adopted six-year-old daughter, Hedda Nussbaum spoke in a firm, clear voice. What emerged was a bizarre tale of violence, drug abuse, isolation and mind control inflicted by disbarred lawyer Joel Steinberg. Asked why she never escaped from Steinberg's thrall, Nussbaum had a simple reply: "I worshiped...
HENRY KRAVIS. With his reputation as the No. 1 leveraged-buyout specialist on the line, he was not about to let RJR Nabisco go private unless he consummated the deal. A founding partner in the buyout firm of Kohlberg Kravis Roberts, the Manhattan socialite, 44, countered Johnson's proposal by offering to pay as much as $21.6 billion for the Atlanta-based company. As RJR's new owner, Kravis, whose firm also controls Beatrice and Safeway Stores, would probably keep the food divisions and sell the tobacco business...