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Nicholas C. Forstmann
Nicholas Curt "Nick" Forstmann (January 15, 1947 – February 2, 2001) was one of the founding partners of Forstmann Little & Company, a private equity firm. After attending The Lawrenceville School, Forstmann graduated from Georgetown University in 1969, and began working at the Morgan Guaranty Trust Company. In 1975, Forstmann joined Kohlberg Kravis Roberts & Co., a company with which he would later develop a rivalry. He founded Forstmann Little with his older brother, Ted, and Brian Little, in 1978. Forstmann's second brother, J. Anthony Forstmann, founded ForstmannLeff. Forstmann served on the advisory boards of Georgetown University and Marymount College. He also served as the vice chairman of 1996 Vice Presidential candidate Jack Kemp's '' Empower America'', a free market advocacy group. He also played a leading role in Forstmann Little's bid to acquire RJR Nabisco. Forstmann was featured in the book about the bidding war, '' Barbarians at the Gate: The Fall of RJ ...
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Forstmann Little & Company
Forstmann, Little & Company was an American private equity firm, specializing in leveraged buyouts (LBOs). At its peak in the late 1990s, Forstmann Little was among the largest private equity firms globally. Ultimately, the firm would suffer from the bursting of the internet and telecom bubbles, having invested heavily in technology and telecommunications companies. Following the death of the last surviving founder, Theodore Forstmann, in 2011, the firm was dissolved and its assets sold off. It closed in May 2014. History Ted Forstmann was a golfing partner of Derald Ruttenberg at the Deepdale Country Club on Long Island. He arranged for Ruttenberg to meet Henry Kravis and Jerry Kohlberg of the start-up Kohlberg Kravis Roberts. Kravis and Kohlberg proposed what they called a leveraged buyout. After the two had left, Ruttenberg suggested that Forstmann could do the same himself. Ruttenberg arranged funding for Forstmann, who launched Forstmann Little & Company in 1978. The c ...
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Free Market
In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of Forms of government, government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a Coordinated market economy, coordinated market in fields of study such as political economy, new institutional economics, economic sociology, and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to th ...
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McDonough School Of Business Alumni
McDonough is an Irish surname. Origins and variants The surname is an Anglicized form of the Gaelic name "Mac Donnchadha", which means son of Donnchadh or son of Donough. The name itself consists of elements meaning "brown (donn)" or Donn “the dark one”, plus "battle (chatha)". Various unrelated clans carrying this surname existed in Ireland, at least two in Connacht: these MacDonnchadhas were a branch of the MacDermots, the kings of Moylurg. Another McDonough clan were cadets of the O'Flaherty chiefs in Iar Connacht. The second clan in Munster, whose chiefs held the Castle of Kanturk in County Cork, and who were known as the bards of Duhallow, were a branch of the MacCarthys going by McDonough. The name is now rare in Cork, with some of the original name holders, it is believed, changing their name to MacCarthy, although some with the original name still remain in Munster. One explanation for the many spelling variations is that scribes and church officials freque ...
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Deaths From Lung Cancer In New York (state)
Death is the end of life; the Irreversible process, irreversible cessation of all biological process, biological functions that sustain a living organism. Death eventually and inevitably occurs in all organisms. The remains of a former organism normally begin to Decomposition, decompose shortly after death. Some organisms, such as ''Turritopsis dohrnii'', are Biological immortality, biologically immortal; however, they can still die from means other than Senescence, aging. Death is generally applied to whole organisms; the equivalent for individual components of an organism, such as Cell (biology), cells or Tissue (biology), tissues, is necrosis. Something that is not considered an organism, such as a virus, can be physically destroyed but is not said ''to die'', as a virus is not considered alive in the first place. As of the early 21st century, 56 million people die per year. The most common reason is aging, followed by cardiovascular disease, which is a disease that af ...
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2001 Deaths
This is a list of lists of deaths of notable people, organized by year. New deaths articles are added to their respective month (e.g., Deaths in ) and then linked below. 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 Earlier years ''Deaths in years earlier than this can usually be found in the main articles of the years.'' See also * Lists of deaths by day * Deaths by year (category) {{DEFAULTSORT:deaths by year ...
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1947 Births
It was the first year of the Cold War, which would last until 1991, ending with the dissolution of the Soviet Union. Events January * January–February – Winter of 1946–47 in the United Kingdom: The worst snowfall in the country in the 20th century causes extensive disruption of travel. Given the low ratio of private vehicle ownership at the time, it is mainly remembered in terms of its effects on the railway network. * January 1 – The ''Canadian Citizenship Act, 1946, Canadian Citizenship Act'' comes into effect, providing a Canadian citizenship separate from British law. * January 4 – First issue of weekly magazine ''Der Spiegel'' published in Hanover, Germany, edited by Rudolf Augstein. * January 10 – The United Nations adopts a resolution to take control of the free city of Trieste. * January 15 – Elizabeth Short, an aspiring actress nicknamed the "Black Dahlia", is found brutally murdered in a vacant lot in Los Angeles; the mysterious case is never solv ...
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Private Equity And Venture Capital Investors
Private or privates may refer to: Music * "In Private", by Dusty Springfield from the 1990 album ''Reputation'' * Private (band), a Denmark-based band * "Private" (Ryōko Hirosue song), from the 1999 album ''Private'', written and also recorded by Ringo Sheena * "Private" (Vera Blue song), from the 2017 album ''Perennial'' Literature * ''Private'' (novel), 2010 novel by James Patterson * ''Private'' (novel series), young-adult book series launched in 2006 Film and television * ''Private'' (film), 2004 Italian film * ''Private'' (web series), 2009 web series based on the novel series * ''Privates'' (TV series), 2013 BBC One TV series * Private, a penguin character in ''Madagascar'' Other uses * Private (rank), a military rank * ''Privates'' (video game), 2010 video game * Private (rocket), American multistage rocket * Private Media Group, Swedish adult entertainment production and distribution company * ''Private (magazine)'', flagship magazine of the Private Media Group ...
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Lung Cancer
Lung cancer, also known as lung carcinoma, is a malignant tumor that begins in the lung. Lung cancer is caused by genetic damage to the DNA of cells in the airways, often caused by cigarette smoking or inhaling damaging chemicals. Damaged airway cells gain the ability to multiply unchecked, causing the growth of a tumor. Without treatment, tumors spread throughout the lung, damaging lung function. Eventually lung tumors metastasize, spreading to other parts of the body. Early lung cancer often has no symptoms and can only be detected by medical imaging. As the cancer progresses, most people experience nonspecific respiratory problems: coughing, shortness of breath, or chest pain. Other symptoms depend on the location and size of the tumor. Those suspected of having lung cancer typically undergo a series of imaging tests to determine the location and extent of any tumors. Definitive diagnosis of lung cancer requires a biopsy of the suspected tumor be examined by a patholo ...
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Barbarians At The Gate (film)
''Barbarians at the Gate'' is a 1993 American biographical comedy-drama television film directed by Glenn Jordan and written by Larry Gelbart, based on the 1989 book of the same name by Bryan Burrough and John Helyar. The film stars James Garner, Jonathan Pryce, and Peter Riegert. It tells the true story of F. Ross Johnson, who was the president and CEO of RJR Nabisco. ''Barbarians at the Gate'' received generally positive reviews from critics. The film earned nine nominations at the Primetime Emmy Awards (winning for Outstanding Made for Television Movie). It also won Best Miniseries or Motion Picture Made for Television and Best Actor in a Miniseries or Motion Picture Made for Television for Garner at the Golden Globe Awards. Plot Self-made multimillionaire F. Ross Johnson, CEO of RJR Nabisco, decides to take the tobacco and food conglomerate company private in 1988 after receiving advanced news of the likely market failure of the company's smokeless cigarette cal ...
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The Fall Of RJR Nabisco
''The'' is a grammatical article in English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pronoun ''thee' ...
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RJR Nabisco
R. J. Reynolds Nabisco, Inc., doing business as RJR Nabisco, was an American conglomerate, selling tobacco and food products, headquartered in the Calyon Building in Midtown Manhattan, New York City. R. J. Reynolds Nabisco stopped operating as a single entity in 1999. Both RJR (as R. J. Reynolds Tobacco Company) and Nabisco (now part of Mondelēz International) still exist. History RJR Nabisco was formed in 1985 by the merger of Nabisco Brands and R. J. Reynolds Tobacco Company. In 1988 RJR Nabisco was purchased by Kohlberg Kravis Roberts & Co. in what was at the time the largest leveraged buyout in history. In 1999, due to concerns about tobacco lawsuit liabilities, the tobacco business was spun off into a separate company and RJR Nabisco was renamed Nabisco Holdings Corporation. Nabisco is currently owned by Mondelēz International Inc. RJR Nabisco Holdings Corp. (NYSE: NGH) was the parent company of RJR Nabisco, Inc. After the food and tob ...
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Advocacy Group
Advocacy groups, also known as lobby groups, interest groups, special interest groups, pressure groups, or public associations, use various forms of advocacy or lobbying to influence public opinion and ultimately public policy. They play an important role in the development of political and social systems. Motives for action may be based on Politics, political, Economy, economic, religious, morality, moral, commerce, commercial or common good-based positions. Groups Methods used by advocacy groups, use varied methods to try to achieve their aims, including lobbying, media campaigns, consciousness raising, awareness raising publicity stunts, Opinion poll, polls, research, and policy briefings. Some groups are supported or backed by powerful business or political interests and exert considerable influence on the political process, while others have few or no such resources. Some have developed into important social, and political institutions or social movements. Some powerful advo ...
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