Word: rossing
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Dates: during 1980-1989
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...leveraged buyouts place enormous strains on even the largest corporations. While all debt-laden acquisitions are risky, LBOs replace the stock on corporate balance sheets with loans that must be repaid, leaving executives with little room for error. "Running an LBO is different from running other companies," says Wilbur Ross, a senior managing director of Rothschild Inc., a New York City investment firm. "The reaction time at LBO companies has got to be a lot quicker, because they must generate cash fast enough to beat those interest-payment deadlines...
MAKEUP: Charlotte J. Quiggle (Chief); Eugene F. Coyle (Deputy); Leonard Schulman, Carrie Ross Welch (International...
...Correspondent: Adam Zagorin Bonn: James O. Jackson Rome: Cathy Booth Eastern Europe: John Borrell Moscow: John Kohan, Ann Blackman Jerusalem: Jon D. Hull Cairo: Dean Fischer Nairobi: James Wilde Johannesburg: Scott MacLeod New Delhi: Edward W. Desmond Beijing: Sandra Burton Southeast Asia: William Stewart Hong Kong: Jay Branegan Bangkok: Ross H. Munro Seoul: David S. Jackson Tokyo: Barry Hillenbrand, Seiichi Kanise, Kumiko Makihara Ottawa: James L. Graff Central America: John Moody Rio de Janeiro: Laura Lopez...
MAKEUP: Charlotte J. Quiggle (Chief); Eugene F. Coyle (Deputy); Leonard Schulman, Carrie Ross Welch (International...
While the courtroom was the main battleground in the Paramount-vs.-Time struggle, some unexpected lobbyists emerged to tout the Time-Warner combination. Director-producer Steven Spielberg, a close friend of Ross's, expressed his support in a telephone talk with the Warner chairman and Nicholas. Spielberg collaborator George Lucas, who distributes their Indiana Jones films through Paramount, wrote a column in the Wall Street Journal last week that praised the Time-Warner deal for promising "steadily increasing values" and attacked Paramount for "contributing to the further destabilization of the entertainment industry and the U.S. economy...