Word: merchants
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Dates: during 1980-1989
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PROFILE: A global media merchant expands his empire...
...military government is part of an official campaign to "Keep Rangoon Pleasant." The cleanup is an attempt to polish the military's tarnished image -- and that has doomed it from the start. "They think we will like them if they clean up the city," says a shop clerk on Merchant Street. "We will never forget or forgive what they have done...
...merchant not driven out of business is David Galgay, owner of Galgay the Florist, a Central Square establishment since 1919. Galgay says that subway renovations ruined business in Central Square for four years. "People avoided the square like the plague," says Galgay. "Once they clean up this area, business will improve," Galgay adds...
...capital to mount their attacks. Kohlberg, Kravis, Roberts, an investment firm with $5.6 billion for use in takeovers, is a leader in the field. Since the takeover funds can borrow against their capital, they have the potential to raise as much as $300 billion. In a practice known as merchant banking, Wall Street firms, including KKR, Shearson Lehman Hutton and Morgan Stanley, are buying stakes for themselves in the companies they help investors take over...
Cornell (11-3, 2-0 Ivy) is led by junior Becky Merchant and senior Teri Duran, who complement each other the way Forman and Schossberger do for Harvard...