Word: landa
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Dates: during 1960-1969
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...assembled eight years ago under the name Penn-Texas Corp. by German-born Financier Leopold Silberstein, who hoped to make it the nucleus of a vast industrial empire. But in 1958 it was wrested from Silberstein's control by a corporate raider from Palm Beach named Alfons Landa. Landa used the company to seize control of Chicago's Fairbanks Morse, an old-line machinery manufacturer, then changed its name to Fairbanks Whitney...
...Revolving doors would come in handy at the Manhattan executive suites of Fairbanks Whitney Corp., the widely diversified and often troubled manufacturer of heavy machinery. Last spring Executive Committee Chairman Alfons Landa and two vice presidents quit amid reports of angry board room battles for control of the company. Last week they were joined by Thomas G. Lanphier Jr., 46, who resigned as president of the company's largest division, Fairbanks, Morse. Lanphier−the World War II ace who gunned down Japan's Pacific Commander, Admiral Yamamoto, and later rose to become vice president of General Dynamics...