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Congoleum (Congoleum Corporation (Shipbuilding - BIW (Naval and civiian…
Congoleum
Congoleum Corporation
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Shipbuilding - BIW
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Backlogs and new Naval contracts in 1979; BIW unable to deliver any new commercial business until 1985
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Prudential
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Private loans range from 12- 20 years with loan size between 500,000 to 250 million
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Introduction
1979 summer, First Boston and Prudential proposed a leveraged buyout of Congoleum - a firm competing in resilient flooring, shipbuilding and automotive accessories.
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