[Congressional Record Volume 163, Number 196 (Friday, December 1, 2017)]
[House]
[Page H9571]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HONORING REGINALD F. LEWIS
(Mr. CUMMINGS asked and was given permission to address the House for
1 minute.)
Mr. CUMMINGS. Mr. Speaker, I rise in honor of a native son of
Baltimore, Maryland, Mr. Reginald F. Lewis.
Let me also acknowledge the presence of many of the Lewis family
members in the gallery, including his mother, Carolyn; widow, Loida;
daughter, Leslie; and brother, Anthony.
From November 30 to December 1, 1987, 30 years ago, Mr. Lewis
negotiated the $985 million leveraged buyout of Beatrice International
Foods. At the time, it was the largest leveraged buyout of an American
company's overseas assets, and it led to the creation of what the New
York Times identified in 1993 as the largest corporation in the United
States led by an African American.
Mr. Lewis' accomplishments changed the face of American business
forever and opened new doors of opportunity on Wall Street. His
substantial philanthropic gifts have also continued to benefit
Baltimore and, indeed, the Nation. They help young Americans of color
to dream bigger, and in Lewis' own words, to ``keep on going, no matter
what.''
I invite everyone to join me in celebrating and honoring Reginald
Lewis' memory and extraordinary accomplishments.
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