Nelson Peltz Had A Perfectly Dreadful Time In London, ThanksRichard A. Melcher
As U. S. leveraged buyouts began to wilt in late 1989, dealmakers Nelson Peltz and Peter May thought they saw fresh pickings in Europe. So they took $150 million of their takeover haul and parlayed it into control of Mountleigh Group PLC. It looked like a perfect investment vehicle.
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