Word: anschutz
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Dates: during 1980-1989
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...invitation attracted a third and scrappy new bidder who helped turn the fight into a virtual Who's Who of finance and industry. Assembled by the First Boston investment firm, the group of newcomers included Jay Pritzker, the Chicago-based chairman of Hyatt Corp., his wealthy family and Philip Anschutz, a Denver oil billionaire. First Boston also wooed Harry Gray, the retired chairman of United Technologies, and several other high- rolling investors. The group came into the bidding with a show-stopping but tentative offer of cash and securities worth up to $26.8 billion, or $118 a share...
...publicity-shy chairman of the Hyatt Corp., Pritzker, 66, with his brother Robert, 62, surprised both Kravis and Johnson by joining the First Boston investment firm in an informal last-minute bid for RJR Nabisco valued at as much as $27 billion. Allied with the Pritzkers is Philip Anschutz of Denver, a billionaire oil and mining magnate. They have since combined forces with an acknowledged master of the hostile game, HARRY GRAY, 69, the taciturn former chairman of United Technologies, who heads his own investment firm. The First Boston group is offering a highly complex package of cash, securities...