Word: bluhdorn
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Dates: during 1980-1989
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...Charles Bluhdorn was one of the earliest and flashiest corporate conglomerateurs, a master of the unfriendly takeover. Starting with a small auto-parts company in 1958, he assembled an incredible array of disparate businesses into Gulf & Western Industries (1982 sales: $5.3 billion). Bluhdorn eventually bought some 100 companies large and small, ranging from Paramount Pictures to publisher Simon & Schuster to New York City's Madison Square Garden. In one six-year period, he brought 80 firms into what became jokingly known as "Engulf and Devour." Bluhdorn died in February at 56 after a heart attack, and his successors...
DIED. Charles G. Bluhdorn, 56, founder, chairman and chief executive officer of Gulf & Western Industries; of a heart attack; on a company jet en route from the Dominican Republic. Bluhdorn arrived in the U.S. from Vienna at 16 and in 1955 bought into the small Michigan Bumper Corp., which he merged and muscled into a huge conglomerate (auto parts to movies to zinc) with 1982 sales of $5.3 billion. "Sometimes I'm full of baloney," the blunt Bluhdorn once said. "But sometimes I have a good idea...