article thumbnail

Two Tweets & A Blog

Deming Institute

million in a Leveraged Buy Out (LBO) to buy an Oklahoma based Coca-Cola bottling company. On April Fools Day 1980, Bob Browne and his partners invested $7.5 When they sold the company in 2011, they had recouped over $400 million in after-tax dollars! Ask Bob if this was his crowning achievement, and he will quickly say, “No”.

Blog 49
article thumbnail

When Talent Started Driving Economic Growth

Harvard Business Review

It was no accident that Arthur Laffer drew his famous curve on a napkin in 1974, that Wanniski wrote his book in 1978, and that the US tax system changed totally in 1982. Looking back, it’s become clearer to me just how situated in time the supply-side movement was. And with that recognition, economic power shifted to its suppliers.

LBO 8
article thumbnail

Private Equity’s New Phase

Harvard Business Review

This phase was loosely called leverage buy out (LBO) from about 1979 to 1990 and included over 2,000 LBOs. But the planned urban development PUD also has shared infrastructure and systems that enable the community to operate (e.g., architectural design, streets, water, electricity, sewage, and regulations).

LBO 8