Term Papers on How A Nebraska Boy Built An Island Empire With Other People's Money-Jeffrey Prosser from Term Papers Lab.
Below is a free excerpt of our term paper on How A Nebraska Boy Built An Island Empire With Other People's Money-Jeffrey Prosser
HOW A NEBRASKA BOY BUILT AN ISLAND EMPIRE WITH OTHER PEOPLE'S MONEY-JEFFREY PROSSER
Article Summary
Jeffrey Prosser grew up in Falls City, Nebr. (pop. 5,000). He drove a bulldozer and spliced cable for the telephone company where his father worked. He got an accounting degree at the University of Nebraska. He went to the Caribbean at age 25 on behalf of some Nebraska investors interested in buying an alumina plant in St. Thomas. The purchase didn’t go through, but he stayed.
When ITT offered its Virgin Islands telephone business, Vitelco, for sale, he made an $87 million bid. Vitelco ignored the offer then, but six months later, it reconsidered. Prosser obtained 105% debt financing from E.F. Hutton & Co. Vitelco had no competition in the Virgin Islands and the Virgin Islands Public Service Commission guaranteed him an 11.5% return on his investment. Mr. Prosser refinanced in just one year, replacing the Wall Street loan with a $104 million loan from the Rural......
Join Now to view the rest of this term paper!
Members: Login to view this research paper.
Title: How A Nebraska Boy Built An Island Empire With Other People's Money-Jeffrey Prosser
Approximate Word Count: 907
Approximate Pages: 4 (250 words per double-spaced page)
This is a free excerpt of our How A Nebraska Boy Built An Island Empire With Other People's Money-Jeffrey Prosser term paper. Get complete access to How A Nebraska Boy Built An Island Empire With Other People's Money-Jeffrey Prosser term papers, along with over 100,000 other example research papers and college term papers, with the Term Papers Lab Membership Pass.
With the Term Papers Lab Membership Pass, you get instant access to every term paper on this site, including the term paper on How A Nebraska Boy Built An Island Empire With Other People's Money-Jeffrey Prosser, for as long as you remain a member! That's over 100,000 online term papers and written research papers at your fingertips!
You could be reading our college term papers on How A Nebraska Boy Built An Island Empire With Other People's Money-Jeffrey Prosser in less than two minutes!
Other term papers sites charge almost $100 for a single term paper. At Term Papers Lab, you can get instant access to over 100,000 termpapers and sample research papers for as little as $29.95!
Looking for other term papers besides research papers on How A Nebraska Boy Built An Island Empire With Other People's Money-Jeffrey Prosser? Find other college termpapers and online research papers from Term Papers Lab using the search box below.
-
How A Nebraska Boy Built An Island Empire With Other People's ...
HOW A NEBRASKA BOY BUILT AN ISLAND EMPIRE WITH OTHER PEOPLE'S MONEY-JEFFREY
PROSSER. HOW A NEBRASKA BOY BUILT AN ISLAND EMPIRE WITH ... ...
