Word: wyle
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Dates: during 1970-1979
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...held company, and more capital is now needed if the magazines and other divisions are to continue in their present form. SR Executive Editor Ronald P. Kriss says that there is a "cash-flow crisis." It is the second such crunch since last summer. Executive Committee Chairman Frederick S. Wyle, who represents the investors behind Veronis and Charney, confirmed last week that more funds are needed but denied the spate of rumors that one or more of the monthlies are about to fold. As part of a refinancing last fall, said Wyle, "we had planned to look for more money...