Word: edgar
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Dates: during 1960-1969
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...Edgar Cayce: The Sleeping Prophet, Steam...
...position," he explained, "where I could only move sideways or backwards." Therefore, he and his associates sold their 720,000 shares of MGM. Of that total, 420,000 were bought at $59 a share by the youthful (38) president of Joseph E. Seagram & Sons, Ltd., Edgar M. Bronfman, in a personal transaction. The remaining 300,000 shares were acquired, at the same price, by Time...
...stockholder who disagreed with Levin was Edgar Bronfman, who bought into MGM and then sold off his holdings in 1966 on a misplaced hunch that if Levin's proxy battles failed, the stock would settle down in price. After the last proxy fight, Bronfman began to buy back in. He had acquired over 400,000 shares when he was approached this summer by Levin, who wanted to buy Bronfman's stock or get his aid in another proxy fight. When Bronfman refused both propositions, Levin decided to sell. He will make a pre-tax profit of more than...
...with few new worlds to conquer, Henry Kaiser turned over his companies to Son Edgar (another son, Henry Jr., died in 1961) and moved to Hawaii. Even in retirement he was more active than other men in their prime. He conceived Hawaii Kai, a $350 million model community on 6,000 acres that will eventually house 50,000 people. Before long, the then septuagenarian had cleared land and built the 1,100-room Hawaiian Village Hotel (which he sold to Conrad Hilton for $21.5 million), started a cement company, bought a radio and TV station, and established a Jeep-rental...
...tireless traveler and telephoner who at his peak managed 75,000 air miles a year and $300,000 worth of telephone bills, he also kept in almost daily contact with Edgar in California, made trips to the mainland to keep an eye on his holdings. He returned ill from his last trip in June, was taken off the airplane in an ambulance, died of what was described as circulatory ailments. He fell short by 15 years of a final ambition to live...