“Dry Powder” Spotlights Wall Street Power-Brokers—at Left Edge
Sarah Burgess Unfolds Conflicts in Corporate Takeover by Patricia L. Morin In the high-stakes private corporate world, “dry powder” is the phrase used for the cash the company has on-hand for swift investment buyouts. Named after gunpowder, the more cash reserves the venture capitalist has on hand, the more quickly the takeover can ignite….