Search Details

Word: ditisheim (lookup in dictionary) (lookup stats)
Dates: all
Sort By: most recent first (reverse)


Usage:

Manhattan Investment Banker Hanns Ditisheim, 55, is a spruce, Swiss-born millionaire with a speculator's sharp eye for an underpriced stock and a burning desire to control a big company. Last week, after having a foot in the door for nearly two years, Ditisheim and a syndicate of backers bought enough stock (55%) to get control of Chicago's Butler Bros., which owns 2,375 Ben Franklin 5 & 10? stores, 90 variety and department stores, $9,000,000 of Chicago and" Dallas real estate, and had 1955 sales of $117 million...

Author: /time Magazine | Title: Business: A Company for Hanns | 3/5/1956 | See Source »

Bargain Hunter. In the last seven years Ditisheim, backed by a syndicate, made raids on three other "undervalued" companies-companies whose stock was selling far below book value and where there was a chance to take over and pick up a quiet profit. The raids were only half successful: Ditisheim did not get the companies, but he and his friends picked up a nice piece of change...

Author: /time Magazine | Title: Business: A Company for Hanns | 3/5/1956 | See Source »

Previous | 1 | 2 |