Wednesday, April 1, 2009

8: Retail Chain



This retail chain gets its name from its open hours. But after that began in diffrent models and started off with 24Hrs stores. In 1987, John Philp Thompson, the CEO of _____ completed a $5.2 billion management buyout of the company his father had founded. The buyout suffered from the 1987 stock market crash and after failing initially to raise high yield debt financing, the company was required to offer a portion of the company's stock as an inducement to invest in the company's bonds.

Answer - 7/11
*****************************************************

Maulik, Rohit Kedia, Roshan Swamy, Parag Jhawar have cracked the answer.

4 comments:

Unknown said...
This comment has been removed by a blog administrator.
rohit Kedia said...

7/11 (seven eleven)

Unknown said...

7-11

Unknown said...

7 eleven