Word: montee
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Dates: during 1980-1989
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Instead, the board could decide that the best course of action would be to sell off the company's subsidiaries without going through an LBO. The board might sell Nabisco's food divisions and distribute the proceeds to stockholders. Although this would take longer, RJR Nabisco could be worth more...
Early on, KKR reportedly offered Shearson a $125 million "kill fee" to 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...
Or George Bush's long procession of buses pulling off Route 51 in central Illinois one afternoon at 3:30 and sweeping up to the Del Monte canning factory. The press corps (numbering some 120 now) dutifully takes its place not far from enormous piles of corn that are being...
Besides the alleged laundering services described in the indictments, BCCI has been accused of handling secret accounts for such clients as Panama's allegedly drug-dealing dictator General Manuel Noriega and Saudi financier Adnan Khashoggi. According to congressional testimony made public last week, Amjad Awan, a former BCCI officer arrested...
The tour also took the Kroks to such cities as London, Paris, the Hague, Monte Carlo, Salzburg, Hong Kong and Tokyo. Lincoln cites as his favorite part of the tour the group's performance before an Austrian princess, who invited them to a party after the show. "It's just...