Word: reiman
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Reader’s Digest has seen its profits slump with the economy, but nevertheless purchased Reiman Publications for $760 million in March, causing Highfields to step up the struggle to take control of Reader’s Digest...
...source close to the deal said that while Reader’s Digest was interested in Highfields’ suggestions about ceasing acquisitions of other companies, the company felt that the Reiman deal was too good to pass...
...Reader’s Digest board liked the Reiman acquisition because it brings $300 million in revenues and operating cash flows in excess of $70 million,” he said...
...first things anyone without kids should learn before planning an estate is the difference between a will and a trust, says David Lockwood, partner in the Greenwood Village, Colo., law firm Engel Reiman & Lockwood. So-called revocable trusts have many advantages over traditional wills for people whose most important relationships are likely to change over time. Revocable trusts allow you to place most of your assets--such as bank accounts, stocks and real estate--into a fund you control for the benefit of whomever you designate. You must indicate when you set up the trust who will receive each...
...seat Loeb is a big step for Harvard’s dance community, which for years has struggled to find both visibility and adequate space on campus. Venues such as the Adams Pool Theater, the Agassiz, Lowell Lecture Hall, the Pudding and even the soon-to-be-revamped Reiman Dance Center all lack the spatial dimensions and technical capability necessary for rehearsing and performing large dance productions...