Word: placement
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Dates: during 1990-1999
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Investcorp's biggest deal ever was the 1990 takeover of Saks Fifth Avenue. When Investcorp bought the prestigious chain, it was evidently hoping to repeat its triumph with Tiffany. Investcorp certainly promoted Saks to its clients that way. A 1990 private-placement memo to Arab clients obtained by TIME contains an extremely bullish forecast on the first page: Saks was expected to produce an investment return of 25.9% a year, and was likely to be sold within four years. One reason Investcorp failed to repeat its Tiffany coup with Saks is that the $1.6 billion purchase price was $200 million...
...disputes that English will be the common language of all Wausau citizens. "Right now we are like a new baby learning to walk and talk. But that will change," says Blong Moua, a Hmong job-placement counselor. The change has already started. Though 40% of Hmong are unemployed, nearly 90% of Hmong students graduate from high school--the same rate as among their white counterparts. "I don't know how much time it will take," says Peter Yang, who heads the Hmong Mutual Association. "But a Hmong can become mayor of Wausau...
...transition from high school is more difficult than it looks due to the longer courses and trickier pin placement," Bozivich said...
...first-years like Buford have the opportunity to graduate from the College within three years, according to Deborah Foster, director of the advanced standing program. To be eligible for the program, students must have completed college-level course work in high school and earned satisfactory marks on Advanced Placement or international examinations...
...Language Requirement. Anyone who has suffered through the lingual hell of a Harvard placement exam realizes the problems in this area. There is no coordination between the material demanded by the language exams and the material taught. If German A or French A is enough to fill the language, the exam should reflect that...