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...last year. A significant cause of these woes dates back to September 2001, when Pinault won a ferocious two-year fight with another French tycoon, Bernard Arnault, for control of the Italian fashion firm Gucci. Victory seemed sweet, but it carried a $7 billion price tag. The timing could not have been worse. The day after the deal was signed, al-Qaeda slammed planes into Manhattan's World Trade Center, crushing the already fragile economy. With hindsight, it's clear that Pinault overpaid for Gucci. The Sept. 10 accord allowed PPR to buy up to 70% of Gucci...
Once, at a meeting of the Association of American Universities, Gray was handed a name tag and asked by a staffer...
...price tag of $75 million for a swath of riverside Boston real estate—the last major undeveloped site in the city—is a deal almost too good to be true...
During the 1970s and 1980s, as the MATEP saga wore on, the project faced mounting opposition from insiders and outsiders alike. Both University administrators and professors indicated their frustration vocally, especially as the price tag seemed to grow uncontrollably...
Specifically, Champion says the government upped MATEP’s price tag by changing its mind on the project’s fate so many times...