Word: buts
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Dates: during 1980-1989
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Yet the biggest chill has come over raiders who once promised to run companies more efficiently than did the bosses they ousted. Largely self-made men who flaunted their contempt for corporate America, many raiders have had a rude comeuppance. Some have suffered much greater setbacks than others, but few...
The Toronto Tycoon. A former shop foreman who became one of Canada's top real estate developers, Robert Campeau in 1986 went on a U.S. shopping spree. Campeau, 66, paid $3.6 billion for Allied Stores and won Federated Department Stores for $6.6 billion in a celebrated 1988 battle with R.H...
Since then one reversal after another has hit Bilzerian and the company. Sentenced in August to four years in prison for violating tax and securities laws in previous raids, Bilzerian is appealing that conviction. Singer, renamed Bicoastal after Bilzerian sold eight of twelve divisions to meet $120 million in annual...
Since those heady days, a battle-weary Pickens has abandoned the U.S. takeover field and gone hunting in Japan. But he has been stymied in a drive to win four seats on the board of Koito Manufacturing, a Tokyo auto-parts maker in which he controls a 20% share. Pickens...
The Swiss military has not engaged foreign troops since 1815, when Napoleon's army withdrew after a 17-year occupation. As a result of Switzerland's extraordinary military preparedness, no aggressor since then has seen fit to challenge its control of the mountain passes. Last week, however, the Swiss army...