Nelson-Peltz

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

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

| 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
Read more →