The new venture received financial advice from Merrill Lynch.
A second set of investment bankers had to be brought in from Merrill Lynch to put up money to complete the deal.
In the middle of 1985 Stone received a call from Merrill Lynch, which offered to double his pay.
In 2001, he accepted a buyout offer from Merrill Lynch and left the firm.
Emerson went on to become a senior vice president and national sales director before retiring from Merrill Lynch after 40 years with the company.
If we have any problems, there'll be hell to pay from Merrill Lynch and our other outside shareholders.
It recently picked up a strong recommendation from Merrill Lynch.
He, in turn, has hired other executives from Merrill Lynch.
The new venture had been receiving financial advice from Merrill Lynch.
The cause was cancer, said a statement from Merrill Lynch, which he once ran.