Word: acquiree
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The matchup is reminiscent of the classic Old West confrontation between a brash young gunslinger and the grizzled veteran with a dozen notches on his gun. William Agee, 44, the Harvard Business School whiz kid who heads the Bendix Corp., is facing a showdown with Harry Gray, 62, the seasoned...
It is good to have TIME'S thorough coverage of the "Land Sale of the Century" [Aug. 23]. President Reagan and Interior Secretary James Watt have the courage and understanding to deal with the Government's tendency to acquire property and hold it long after the federal need...
The wave of takeovers that has so dominated Big Business for the past year continued last week when another major merger bid was announced and yet another accepted after weeks of careful negotiation. The Bendix Corp., a widely diversified auto components and industrial manufacturing corporation, announced that it will seek...
The Bendix bid for Martin Marietta Corp. came as no surprise to industry watchers. The stage for such a move was set nearly two years ago when Bendix Chairman William Agee began a major reorientation of the company's focus, shifting it away from its traditional lines of business...
The Reagan Administration and some private experts now view Soviet and Eastern bloc industrial spies as alarming threats, particularly so in California, the nerve center of U.S. defense, aerospace and electronics research. Intelligence sources estimate that more than 30 of the 52 diplomats in the San Francisco Soviet consulate are...