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leveraged buyout

(Encyclopedia)leveraged buyout, the takeover of a company, financed by borrowed funds. Often, the target company's assets are used as security for the loans acquired to finance the purchase. The acquiring company o...

Mann, Horace

(Encyclopedia)Mann, Horace măn [key], 1796–1859, American educator, b. Franklin, Mass. He received a sparse preliminary schooling, but succeeded in entering Brown in the sophomore class and graduated with honors...

Hampshire College

(Encyclopedia)Hampshire College, at Amherst, Mass.; coeducational; opened 1970. The emphasis of the academic program is on the individual needs of the students. Hampshire participates in a cooperative arrangement w...

Dukakis, Michael Stanley

(Encyclopedia)Dukakis, Michael Stanley do͞okäkˈĭs [key], 1933–, American political leader, b. Brookline, Mass. He was a Democratic member of the Massachusetts house of representatives (1963–70) and was twic...

Hooker, Thomas

(Encyclopedia)Hooker, Thomas, 1586–1647, Puritan clergyman in the American colonies, chief founder of Hartford, Conn., b. Leicestershire, England. A clergyman, he was ordered to appear before the court of high co...

Lorenz, Edward Norton

(Encyclopedia)Lorenz, Edward Norton, 1917–2008, American meteorologist and pioneer of chaos theory, b. West Hartford, Conn., Ph.D. Massachusetts Institute of Technology, 1948. Lorenz became interested in meteorol...

Shirley, William

(Encyclopedia)Shirley, William, 1694–1771, colonial governor in British North America, b. England. He became a lawyer and in 1731 emigrated to Massachusetts. In 1741 he became governor of Massachusetts. He oppose...

Door Peninsula

(Encyclopedia)Door Peninsula, 80 mi (129 km) long, NE Wis., between Green Bay and Lake Michigan; a canal at Sturgeon Bay bisects the peninsula. Cherry growing and tourism are the chief industries. The peninsula was...

Outer Barrier

(Encyclopedia)Outer Barrier, series of sandy barrier islands or offshore bars, extending c.75 mi (120 km) along the south shore of Long Island, SE N.Y., from Rockaway Beach at the west to the east end of Shinnecock...

Houston Grand Opera

(Encyclopedia)Houston Grand Opera, opera company in Houston, Tex., founded 1955 by the German-American impresario and conductor Walter Herbert, who was general director and conductor until 1972. The company perform...