Hints and tips:
...But it can get you in a sticky spot. Say you buy a company in year two of 10 and do some major M&A with it in year four. By year seven you want out....
...It is natural to wonder if Goldman would have been more sympathetic to a heavyweight repeat customer, such as Blackstone or General Electric, rather than to a grocery distributor from Rhode Island....
...The company’s crown jewel – Paradise Island in the Bahamas – was the principal functioning asset and bankers on the LBO valued the property at USD2bn, according to proxy documents at the time....
...Lotito was soon put in touch with Hunter, and went on to introduce both him and James to John Fasciana, a New York lawyer who could set up the limited liability company needed to help the Bidens buy a hedge...
...Yet the soul of Los Angeles can be found in any of the cities that make up Los Angeles County, one of the largest counties in the US and bigger than the states of Delaware and Rhode Island combined....
...The state offers a structure known as a limited liability company, which can be registered with not much more than a name and address....
...Louis Godena, Providence, Rhode Island Robert Kagan: I would agree that what we are seeing in Russia and China is not simple free-market capitalism. It may not be neo-communism....
...The Rhode Island-based group, founded in 1990 by a trio of Brown University alumni, raised its most recent fund last year, worth $4.25bn....
...Investing partners each pay between $50,000 and $350,000 for a minimum 5 per cent stake in a renovation project or a boat already on the water, each organised as a limited liability company....
...But he says they continue to flourish in the US where single member Limited Liability Companies (LLCs) – which are essentially shell companies into which people can place funds – are widely used as a substitute...
...Providence, based in Rhode Island, is best known for its investments in the media and telecommunications industries....
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