Word: rjr
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Harvard officials said this week that the University will take on a new role with RJR-Nabisco, the tobacco and consumer goods company recently taken over by Kohlberg, Kravis, Roberts and Company in the largest leveraged buyout ever...
...whether Harvard is a partner or a stockholder in the new RJR-Nabisco, the private investment will have a different nature than the public stock the University once held in the tobacco company, Peterson explained...
...extent we are invested in KKR, we will be an equity holder in the private company," Peterson said. And according to figures provided by Harvard Management Partner Scott M. Sperling, Harvard will hold less than 1 percent of RJR-Nabisco because its KKR investment made up less than 1 percent of the multi-billion dollar takeover...
Before the takeover, when Harvard owned public stock in RJR-Nabisco, the University voted for a shareholder resolution asking the cigarette company to provide information on its marketing practices in Third World countries...
Considering that the Steinberg story took precedence over the Reagan-Gorbachev summit, the RJR-Nabisco corporate buyout, then-Secretary of State George Schultz's refusal to grant PLO leader Yasir Arafat a visa and the electoral victory of Benazir Bhutto '73 in Pakistan, can we believe that Newsweek had anything in mind except appealing to our "most primitive fascinations...