Private-equity firms will back the company, which allows the owner to have a continued management role[ Most firms typically provide equity incentives for the business owner and his team and often will allow the owner to invest in the transaction going forward, providing him the opportunity for a second bite of the apple
. When compared to operating a public company, a private-equity firm's focus is longer term in nature, so one can manage the company to create value over a longer period of time.
In addition, the larger JV partner would not be allowed to take a second bite of the apple
by serving as a subcontractor.
Working with minority investors, who typically hold 30 percent to 49 percent of the company, might be the perfect solution because owners can cash out part of their equity for liquidity and diversification, and keep control to get a second bite of the apple
on future profits.
Bogdanoff said the changes were intended to address concerns about providing crime victims with finality, and keeping defendants from "getting a second bite of the apple
." It outlines a procedure for judges to ask defendants about DNA testing at the time of accepting pleas.
For his parents, who believed they had a second bite of the apple
after his accident last Christmas, that bite was to prove to be so very small.
The court concluded that Associated "cannot now have a second bite of the apple
." Associated took a totally different approach on appeal.
"In Europe everyone gets a second bite of the apple
. That is why the European Cup has become so farcical in a sense.
But we have to be happy that we are getting a second bite of the apple
Thus, Bennett is not seeking a "second bite of the apple
" with respect to the amount he is owed.
He said this "second bite of the apple
" is a bit more scaled down, but has the potential to benefit many more people--initially some 5,000 patients from Dartmouth's 20 facilities in New Hampshire and Vermont who may already have high-speed Internet.
"I cannot support the second bite of the apple
," said Selectman Christopher Gagnon.