Marron glacé that a "marron glacé" is a confit marron that is covered in caramel. The 1767 book "L'agronome, ou dictionnaire portatif du cultivateur" claimed that the best marrons came from the Dauphiné region in southeastern France, and contained instructions for preparing marron glacés. Chestnuts are covered with a membrane, known as a pellicle or episperm, which closely adheres to the fruit's flesh and must be removed because of its astringency. Marron nuts have a pellicle which is "superficially attached to the nut", making it easily removable from the fruit. Some chestnuts have two cotyledons usually separated with deep grooves penetrating nearly
Donald Marron billion, representing an estimated 47 percent premium over PaineWebber's closing price the day prior to the deal's announcement, and a multiple of 18.1 times the company's estimated 2000 earnings at the time. The deal had the support of PaineWebber's major shareholders. PaineWebber's sale to UBS AG expanded UBS's presence in the U.S. wealth management market. The deal was described as one of the most successful transactions of its time, having reached a record sale price and delivering clear benefits to shareholders, clients and employees of both companies. Marron served as Chairman of UBS America from 2000-2003. In 2000, Marron founded