Word: thirds
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Hands, now living as a tax exile on the island of Guernsey in the English Channel, needs to inject about $200 million into the business by the summer; otherwise, Citigroup gets the keys. His allies say he can raise the money from third-party investors, but that is only enough to keep EMI out of the bank's hands for 12 more months. What Hands really needs is a deal with Citigroup to slash EMI's debts. But like any good band in crisis, Hands and his onetime partners at Citigroup have fallen out. (See the top 10 albums...
Meanwhile, one possible buyer lurks on the sidelines: Warner Music, the third largest record company in the world. CEO Edgar Bronfman has long coveted EMI, but mutual intransigence has thus far prevented a merger. Some Terra Firma officials fear that Citigroup simply wants to "flip" EMI by making a quick sale to Warner - a plan Citigroup denies. In its present state, however, EMI's future as an independent company is far from certain. "The trouble is that the future of EMI would look quite good if it wasn't for all the debt," Dyson says. "But it doesn't look...
September 2006-April 2007: The NHTSA conducts a third evaluation after William B. Jeffers III, another Camry owner, petitions the administration to investigate the multiple "engine surging" incidents that he has experienced. The NHTSA fails to identify any problems after reviewing the complaint and road-testing the petitioner's vehicle. It cites the need to best allocate limited administration resources as the reason for denying the petition...
What was he thinking? This seems to be the question that eluded Pierre Morel, director of “From Paris With Love.” With his third feature in ten years, Morel seems intent on creating an aura of mystery for himself. He refuses to answer questions in interviews about his motivations, and when the interviews are conducted in his native French, he does not allow his words to be subtitled for non-French speakers. Though I am loathe to admit it, Morel’s antics intrigue me. As I watched “From Paris With...
...disorganized in what we were trying to do,” said Crimson coach Ted Donato ’91. “ We certainly were able to get the puck in control, but weren’t able to get the shots and get traffic and second and third opportunities...