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INSIDE REGINALD LEWIS’ BILLION-DOLLAR ACQUISITION OF BEATRICE INTERNATIONAL AND HOW THE DEAL TRANSFORMED BLACK BUSINESS

January 4, 2022

In the November 1987 issue, BLACK ENTERPRISE reported on the groundbreaking deal in which financier par excellence Reginald F. Lewis acquired mammoth Beatrice International Foods for roughly $1 billion. As a result of that transaction, Lewis created the first black-owned conglomerate to generate more than $1 billion in annualized revenues and inspired generations of black dealmakers on Wall Street.

In the following article, Rene “Butch” Meily, former VP of Communications for TLC Beatrice International, offers a first-person insider’s account of the deal, the strategic brilliance and the hard-charging style of the late business trailblazer based on personal interviews; his upcoming memoir, Before the End; and the book Why Should White Guys Have All The Fun? by Blair Walker, soon to be released on Audible.

For full article go to link – https://www.blackenterprise.com/inside-reginald-lewis-wall-street-billion-dollar-acquisition-beatrice-international/


Black Enterprise – Butch Meily Author Link below:

https://www.blackenterprise.com/author/renebutchmeily/

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