|Name: _________________________||Period: ___________________|
This quiz consists of 5 multiple choice and 5 short answer questions through Part 3: Chapter 14, Sovereign Privileges.
Multiple Choice Questions
1. How did Perelman acquire Technicolor?
(a) paying full price
(b) selling junk bonds
(c) buying on credit
(d) directing a hostile takeover
2. What did Milken want at work?
(a) fancy titles and gold letterhead
(b) his photo in the annual report
(c) distance between him and the powers that be at Drexel
(d) to run the Drexel firm
3. In what was Atlantic Capital involved?
(a) selling bond coupons
(b) forging bond documents
(c) unmonitored investments
(d) ponzi schemes
4. What were many of the money managers who started with Milken in the late 1970s doing in the 1980s?
(a) running their own funds
(b) retiring and taking extended vacations
(c) creating new ways of financing takeovers
(d) staying with Milken because he was the best
5. What did Joseph need to achieve his goal of making Drexel a world-class institution?
(a) to stop dealing in junk bonds
(b) to learn the definition of leveraged buyouts
(c) to mastermind an M&A for Drexel
(d) to get into M&A
Short Answer Questions
1. With whom was the firm of Drexel Burnham Lambert identified by the late 1970s?
2. What had been Perelman's greatest acquisition before Revlon?
3. What did the Milken brothers do probably without notifying Drexel?
4. Why did none of the thirty bills introduced covering takeovers in 1984-85 pass?
5. What did Kansa and Clarendon both have that Wedvick needed?
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