The Predators' Ball: The Junk-bond Raiders and the Man who Staked ThemA lead reporter for The American Lawyer, tells the story of the night that sparked the corporate takeover mania of the eighties, the 1985 "Predators Ball", and how one man--Michael Milken, a junk bond impressario, financed the corporate takeover kings. Advertising in the Wall Street Journal and the New York Times. |
From inside the book
Results 1-3 of 62
Page 66
... equity stakes in more than 150 companies that it had financed . Some of these equity stakes were acquired through Drexel's investing directly in deals as equity participants , some through ex- change offers ( where Drexel owned debt ...
... equity stakes in more than 150 companies that it had financed . Some of these equity stakes were acquired through Drexel's investing directly in deals as equity participants , some through ex- change offers ( where Drexel owned debt ...
Page 137
... equity . Some of the original debt , then , had been turned into common equity , and the bulk of what remained had been refinanced at 8-9 percent instead of 14-16 percent . These refinancings brought Triangle's annual interest charges ...
... equity . Some of the original debt , then , had been turned into common equity , and the bulk of what remained had been refinanced at 8-9 percent instead of 14-16 percent . These refinancings brought Triangle's annual interest charges ...
Page 163
... equity in Farley Metals and accepted a Drexel - designated director , Leon Black , on the board ; Icahn refused to give any equity , and he took no Drexel - designated director . In late 1984 , Drexel raised $ 225 million for the ...
... equity in Farley Metals and accepted a Drexel - designated director , Leon Black , on the board ; Icahn refused to give any equity , and he took no Drexel - designated director . In late 1984 , Drexel raised $ 225 million for the ...
Contents
The Ball | 10 |
Spreading the Gospel | 21 |
The Miners Headlamp | 23 |
Copyright | |
19 other sections not shown
Common terms and phrases
acquired acquisition arbitrage assets bank Bergerac Beverly Hills bought buyers Carl Icahn Carl Lindner cash chairman commitment company's Considine corporate finance corporate-finance deal debt dollars Drapkin Drexel employee Drexel executive Drexel investment banker Engel equity exchange offer firm's former Drexel Fred Joseph funds Gobhai going greenmail guys high-yield hostile interest investment banker investment-banking firms investors issued Ivan Boesky junk bonds junk market Kidder later lawyer Leon Black leveraged buyout Lindner Lipton loans Lorenzo ment Michael Michael Milken Mike Milken Milken's group million months Morgan Stanley National Nelson Nelson Peltz Pantry Pride partners partnerships Peltz percent Perelman Phillips portfolio Posner profits raise recalled Revlon Riklis Ronald Perelman Salomon Saul Steinberg Schnall securities sell share shareholders Shenkman Siegel Sigoloff takeover target tion told trading transaction Triangle underwriting Victor Posner Wall Street wanted Wynn York