Word: sell
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...course, with all our asssets tied up in paying off the huge loans we've accumulated, we can't afford to develop new, better products that will make us stronger in the long run, but that's okay because in five years we'll sell our stock publicly again and make back 10 times what we invested. This assumes that the economy and inflation continue an upward trend, because if they don't we'll go bankrupt, but what's life without a little risk...
...instance, will not only see an approximately 40 percent return on the $20-40 million it invested in KKR's takeover fund, but being in the interesting position of helping raid a company they own stock in, they will get huge returns from those holdings when the new owners sell off parts. The closing of the takeover deal earlier this month meant that RJR stock was worth $109 per share--quite a bit more than than the $56 per share it was worth on the market before the highly-publicized takeover war began, but that's the magic of buyouts...
...Nabisco offices a few blocks away, Johnson was furious when he learned that the board was ready to sell the company to KKR. His legal advisers swiftly drafted a letter to RJR chairman Charles Hugel, who heads the board but holds no managerial post in the company, declaring they were "astounded" that the directors "would go off into the middle of the night to negotiate." Hugel explained that the KKR bid simply was much higher. By 2 a.m., however, Johnson's advisers persuaded him that his chances were still alive. Armed with a new bid for $108 a share, Johnson...
...advisers 15 minutes to sweeten the latest offer. At about 1:15 p.m. on Nov. 30, Johnson, chain smoking, submitted a bid of $112 a share and then settled into a tiny % office to await the verdict. The directors still favored Kravis. "KKR was going to have to sell fewer businesses," a source close to the board said, "and there was more protection for RJR employees under the KKR offer." Moreover, the informant added, while the Johnson group said it would reduce its initial stake in RJR after the takeover from 8.5% to 4%, "they were still trying to steal...
Teaching toys also sell every year because of those pillars of the toy store, the grandparents. If a toy is well made and useful, the grandparents will find it -- in many cases, because they played with it themselves. Crayola crayons debuted in 1903, Lincoln Logs in 1916. "Today grandparents have more time to spend with and on grandchildren than ever before," says Harris. "They are more likely to buy educational and developmental toys, and least likely to be reactive to fad items...