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Jan 7, 2022 · In December, Bloomberg News reported that Raymond Perelman, in the last years of his life, extended to Ronald a loan for over $120 million from a nonprofit family foundation registered at ...
- Jacob Bernstein
Jan 7, 2022 · In December, Bloomberg News reported that Raymond Perelman, in the last years of his life, extended to Ronald a loan for over $120 million from a nonprofit family foundation registered at MacAndrews & Forbes’s offices.
Feb 8, 2021 · He paid $120 million for the property in 2014, and took out a $110 million loan in 2018 that included $41 million in new financing. The building is responsible for approximately $103 million...
Assembling $761 million worth of high-interest bonds underwritten by Milken and a $500 million bank loan, Perelman attempted, through Pantry Pride, a takeover of the world famous cosmetic company, which was also engaged in pharmaceuticals and health and eye care.
Perelman was born in Greensboro, North Carolina, on January 1, 1943, the son of Ruth (née Caplan) and Raymond G. Perelman. [13][14] He was raised in a Jewish family in Elkins Park, Pennsylvania, and is the grandson of Litvak (Lithuanian Jewish) immigrants. [15][16][17] With family members, he managed the American Paper Products Corporation.
Feb 16, 1992 · Gutfreund prevailed over Perelman only because Buffett came to his rescue with a $700-million purchase of preferred Salomon stock. Many insiders were angry about the deal--another secret...
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May 22, 2024 · Cosmetics investor and megacollector Ron Perelman sold off nearly $1bn worth of his famed art collection over a two-year period