Word: legrande
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...Luton airport inside a bright orange bus with a cracked windscreen and grinding brakes. A German and a Canadian seated to my right griped about paying $10 after missing the easyBus Holy Grail - the $2 starting price. Having paid $7.50, I kept quiet. "It changes your habits," says Nicolas Legrand, a 25-year-old mechanical engineer from Nice, aboard our Boeing 737-700 easyJet flight from Luton to Nice. "It's possible to get a flight for a few quid." When chewing over a getaway, he says, "the first thing I do is check [easyJet's] website." Not far from...
...price will inch higher. But there is at least one sign that real estate prices may be peaking: people are obsessed with home values, in much the same way they were with tech stocks four years ago. That's clear in a flood of new books, such as Ron LeGrand's How to Be a Quick Turn Real Estate Millionaire, Robert Allen's Nothing Down for the 2000s and Mark Weiss's Real Estate Flipping...
...about real estate investing reached bookstores last year, and an additional 50 are arriving this year--more than double the pace of the mid-1990s, when housing was inarguably a great buy, according to Booksinprint.com Still, "there has never been a better time to invest in real estate," says LeGrand, whose strategy is to hold properties "days, weeks or maybe months--never years." The crush of today's printed advice is aimed at investors, not people looking for a place to live. It boils down to three tips...
...linkup between travel firms Airtours and First Choice. So the gloom in Brussels must have been thick as a lawyer's wallet when it emerged that another thwarted suitor, France's Schneider Electric, is suing the Commission for more than €1 billion over its blocked bid for rival Legrand. Schneider had completed the €5.4 billion deal for Legrand when the Commission reversed it, ultimately forcing Schneider to sell Legrand for €3.6 billion and eat the loss. Since the European Court of First Instance ruled that the Commission unlawfully blocked the deal, and Schneider now has a good...
...acquisition of Honeywell. But last week Monti took a one-two punch from Bo Vesterdorf, president of the Luxembourg-based Court, in separate rulings that savaged the "errors, omissions and contradictions in the Commission's economic reasoning." The court overturned vetoes blocking two mergers: Schneider Electric's purchase of Legrand and a deal between packaging firms Tetra Laval and Sidel. In June it threw out another case involving two travel firms. The rulings "heaped on the pressure for a change," says Alec Burnside of the law firm Linklaters. And Monti quickly responded by announcing reforms that he hoped would "recover...