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Though sports-equipment companies are high profile, they have been erratic performers as businesses. They were often small parts of large outfits, and changed owners frequently. Prince, another company started by Howard Head, was sold to consumer products maker Chesebrough Pond's in the '80s. It is now owned by the Italian apparel company Benetton, which is building a sports division. Wilson, once owned by PepsiCo and then Wesray Capital, is now part of a Finnish conglomerate called Amer Group...

Author: /time Magazine | Title: U.S. Open: Winning the Racquet Game | 9/6/1999 | See Source »

Gordon, together with his beauty-queen wife Brooke, is featured on packages of Close-Up toothpaste. Once a top seller in the '70s, the Chesebrough-Pond's brand is using Gordon and his wife to retool the product. With their faces on 3.5 million collectible packages and 25,000 store displays, the company says it has gained record market share."It's been phenomenal," says Nancy Heller, brand manager for Close-Up. "We thought it was going to be a regional program, and to our surprise, we were able to do this nationally...

Author: /time Magazine | Title: Smile, You're A Winner! | 6/15/1998 | See Source »

...estimated $1 billion in District of Columbia property, including part ownership of the famed Watergate complex. Esteemed U.S. corporate nameplates are also changing citizenship at a rapid clip. Doubleday books has gone to the West Germans, Brooks Brothers clothiers to the Canadians, Smith + & Wesson handguns to the British, Chesebrough-Pond's consumer products to a Dutch-British combine. General Electric television sets have been bought by the French, Carnation foods by the Swiss, General tires by the West Germans...

Author: /time Magazine | Title: For Sale: America | 9/14/1987 | See Source »

...Limited, a retail chain, teamed up with Real Estate Developer Edward DeBartolo to make a $1.8 billion offer for Carter Hawley Hale Stores, which operates Neiman-Marcus and Bergdorf Goodman. American Brands, a consumer-products conglomerate, made a $2.8 billion bid to take over a similar but smaller company, Chesebrough-Pond's. And Minnesota- based Corporate Raider Irwin Jacobs offered to pay about $4 billion to acquire Borg-Warner, a diversified company best known for its automotive products. The stocks of these targeted firms actually fell or remained steady just before the takeover announcements, suggesting that Wall Street's insider...

Author: /time Magazine | Title: Bracing for More Bombshells | 12/8/1986 | See Source »

Last year Binn's company made about $220 million worth of deals, many involving major corporations. Among his clients: Rolls-Royce, Uni-royal and Chesebrough-Pond's. One swap involves the Cosco Chemicals Co. of Indianapolis, a division of Kidde, Inc. Cosco is boosting its production of cleansing products by about 20%, trading the cleansers to Binn for $500,000 worth of services including TV and radio advertising time. Binn plans to trade the cleansers to Hilton and Sheraton hotels, receiving in return room spaces plus food and bar credits, which he will offer to other Atwood Richards...

Author: /time Magazine | Title: Swapathon | 11/9/1981 | See Source »

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