Word: ceos
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Dates: during 1990-1999
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CHAIRMAN, CEO: Reginald K. Brack...
Locked in a fierce price war with competitors, no-longer-fat-and-happy Apple Computer -- whose stock has declined 40% since January and which got a tough- minded new CEO last month -- announced plans to lay off 2,500 workers, 16% of its work force...
CHAIRMAN, CEO: Reginald K. Brack...
...CEO pumped new life into the company with a daring diversification strategy. Determined to end AT&T's humiliation in computers, he decided to buy his way to respectability. AT&T eyed several potential takeover targets, including Apple, EDS, Hewlett-Packard, Data General, Wang and Digital Equipment, before it settled on NCR Corp. AT&T first approached the Ohio-based manufacturer in 1988, but retreated after it was spurned by NCR management. Two years later, AT&T made another bid for NCR, but this time it was a $7.5 billion hostile takeover offer that the company could not resist...
CHAIRMAN, CEO: Reginald K. Brack...