First Boston made a bridge loan to the buy-out firm just as Drexel Burnham Lambert was running into trouble and the junk bond market was drying up, and was stuck with the loan.
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Due to lack of funding for manufacturing, Sealy expanded using a licensing-expansion similar to Coca-Cola.
Canadian Broadcasting Corporation | Australian Broadcasting Corporation | Oracle Corporation | International Finance Corporation | Chevron Corporation | Digital Equipment Corporation | News Corporation | Lockheed Corporation | corporation | Hearst Corporation | Scholastic Corporation | Northrop Corporation | Munhwa Broadcasting Corporation | Gibson Guitar Corporation | CBS Corporation | Fender Musical Instruments Corporation | ITT Corporation | Sharp Corporation | RAND Corporation | NCR Corporation | Federal Deposit Insurance Corporation | Sperry Corporation | Singer Corporation | Case Corporation | Science Applications International Corporation | Polaroid Corporation | Multinational corporation | Burroughs Corporation | Bendix Corporation | Olympus Corporation |