GREGG L. ENGLES
Chairman and Chief Executive Officer of Dean Foods Co. (formerly Suiza Foods), Dallas-based milk processor and distributor. He is best known for consolidating the dairy industry. Along with his business partners, they started with the purchase of Suiza Dairy and Velda Farms, in 1993 and 1994, respectively. Two years after, they conceived Suiza Foods Corp. by merging the dairy forms with their packaged ice company, Reddy Ice Group. But they sold the ice firm in 1998 to concentrate on diary. With $1 billion sales in 1997 and dozens of acquisitions, Suiza Foods became a key force in the industry. Suiza acquired Dean Foods Company in 2001 and started operating under its name.
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Management and Employee Buyout - MEBO
A restructuring initiative that is done to privatize a public traded company, which are public. It involves both managerial and non-managerial empl ...
Back-Of-The-Envelope Calculation
A casual arithmetic calculation, usually executed on a scratch paper like an envelope. This computation utilizes projected and/or rounded amounts t ...
Prior Lien
A lien that is recorded prior to any other claims. Prior liens thus have to be paid before any other claims in the event that the collateral that i ...
Accumulating Shares
Stock given to shareholders of a company commonly added to a dividend. Stockholders don’t need to pay income tax on these shares but they sti ...
Distribution Waterfall
Ranking of distributing a private equity fund. The hierarchy sets the order the funds will be given, which may ensure several types of investors ha ...
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