Michael-Milken

Ronald Perelman Receives $750 Million Drexel Blind Pool for Corporate Acquisitions

1985-01-01 00:00:00 +0000 UTC | Importance: 8/10

In 1985, Michael Milken of Drexel Burnham Lambert raised a $750 million blind pool for Ronald Perelman, providing him with unprecedented acquisition firepower. This innovative financial mechanism allowed Perelman to execute hostile corporate takeovers, most notably the acquisition of Revlon. The …

Ronald Perelman Michael Milken Drexel Burnham Lambert corporate-raiders ronald-perelman michael-milken drexel-burnham-lambert junk-bonds +4 more

Drexel Burnham Lambert Raises $100 Million Blind Pool for Nelson Peltz Corporate Raids

1984-01-01 00:00:00 +0000 UTC | Importance: 8/10

Michael Milken at Drexel Burnham Lambert raised the first major $100 million blind pool for Nelson Peltz and Triangle Industries to finance corporate takeovers. This groundbreaking financial innovation established the template for blind pool financing that would become central to 1980s corporate …

Michael Milken Nelson Peltz Drexel Burnham Lambert Triangle Industries corporate-raiders drexel-burnham-lambert michael-milken nelson-peltz junk-bonds +3 more

Drexel Burnham Lambert Raises $100 Million Blind Pool for Nelson Peltz Corporate Raids

1984-01-01 00:00:00 +0000 UTC | Importance: 8/10

Michael Milken at Drexel Burnham Lambert raised the first major $100 million blind pool for Nelson Peltz and Triangle Industries to finance corporate takeovers. This established the template for blind pool financing that would become central to 1980s corporate raider operations, providing raiders …

Michael Milken Nelson Peltz Drexel Burnham Lambert Triangle Industries corporate-raiders drexel-burnham-lambert michael-milken nelson-peltz junk-bonds +2 more