What catches my eye is major health care properties with intact business models that sell closer to value properties than as growthies.
When one owner, MarchFirst, an Internet services company, filed for bankruptcy earlier this year, Mr. Maurer helped negotiate the sale of the agency as an intact, continuing business to a new owner, the Arnold Worldwide Partners division of Havas Advertising in Paris.
Few lobstermen could keep their boats and businesses intact.
They allowed it to leave its ill-fitting array of businesses intact.
But given recent performance from the three units, Value City said it decided to keep the businesses intact.
After Picard put forward his cash in/cash out approach, Wilpon believed that he could survive the Madoff losses with the structure of his businesses intact.
It is the prospect of keeping their businesses intact during that appeal that is behind the push for the new laws.
The company expects to have each of its core businesses intact and to bring total debt down to $265 million when it emerges from Chapter 11.
And the owner of an architectural salvage company on 125th Street has proposed creating an art and antiques district and a flea market that would extend over all four blocks but would leave the existing businesses intact.
The Warnaco Group, which makes apparel like Olga bras, Calvin Klein jeans and Speedo swimwear, said yesterday that it would emerge from Chapter 11 bankruptcy early next year with significantly reduced debt and with each of its core businesses intact.
