For The Record.(A. T. Kearney management buyout)(property tax is not increased in the budget)(Motorola settlement with Mike Zafirovski former president)(Brief Article)

Crain's Chicago Business, November, 2005

A. T. Kearney officers will decide in the next month whether to participate in a management buyout of the consultancy. Kearney and parent EDS agreed last week to sell the firm to its officers (ChicagoBusiness.com, Aug. 24). A total sale price was not disclosed. The proposed 2006 city budget calls for no property tax increase, due in part to a rebounding city economy, management efficiencies and another cash transfer from the Skyway lease.

Mayor Daley said "the only'' fee or tax hike in his new budget would be a 20-cent hike on a pack of cigarettes. Motorola agreed to settle a non-compete lawsuit with its former president. Mike Zafirovski, who left Motorola at the end of January and was named last month to lead Nortel beginning Nov. 15, will pay Moto $11.5...

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