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...directors' invitation attracted a third and scrappy new bidder who helped turn the fight into a virtual Who's Who of finance and industry. Assembled by the First Boston investment firm, the group of newcomers included Jay Pritzker, the Chicago-based chairman of Hyatt Corp., his wealthy family and Philip Anschutz, a Denver oil billionaire. First Boston also wooed Harry Gray, the retired chairman of United Technologies, and several other high- rolling investors. The group came into the bidding with a show-stopping but tentative offer of cash and securities worth up to $26.8 billion, or $118 a share...

Author: /time Magazine | Title: Where's the Limit? Ross Johnson and the RJR Nabisco Takeover Battle | 12/5/1988 | See Source »

...PRITZKER. The publicity-shy chairman of the Hyatt Corp., Pritzker, 66, with his brother Robert, 62, surprised both Kravis and Johnson by joining the First Boston investment firm in an informal last-minute bid for RJR Nabisco valued at as much as $27 billion. Allied with the Pritzkers is Philip Anschutz of Denver, a billionaire oil and mining magnate. They have since combined forces with an acknowledged master of the hostile game, HARRY GRAY, 69, the taciturn former chairman of United Technologies, who heads his own investment firm. The First Boston group is offering a highly complex package of cash...

Author: /time Magazine | Title: The Cast of Characters | 12/5/1988 | See Source »

...hemisphere, to make European functionalism a ubiquitous International Style during the 1950s and '60s. Two of the most fluent and influential New World apostles were the U.S.'s Gordon Bunshaft and Brazil's Oscar Niemeyer. This week in Chicago the two unrepentant old modernists will share the tenth annual Pritzker Architecture Prize. The Pritzker is by far the field's most prestigious award and, with its $100,000 honorarium, the most generous. The tribute, says Bunshaft, "is the nicest thing that ever happened...

Author: /time Magazine | Title: Design: A Boost for Good Old Modernism | 5/30/1988 | See Source »

...portraits of compelling personalities. This week's Profile, written by Washington Correspondent Ted Gup, is about North Carolina's often contentious, always colorful Senator Jesse Helms. Then there is the Design section, which showcases the work of Architects Gordon Bunshaft and Oscar Niemeyer, 1988 co-winners of the prestigious Pritzker Prize. Some stories can be told only in words, but this one must also be seen to be understood. The gallery of color photographs, accompanied by Contributor Kurt Andersen's description, catches the essence of the architects' accomplishments. Then there is the Technology section's look at a new generation...

Author: /time Magazine | Title: A Letter From the Publisher: May 30, 1988 | 5/30/1988 | See Source »

...Pritzker Prize goes to a pair of apostles of the International Style, lately profoundly out of fashion. The U. S.' s Gordon Bunshaft, 79, designed humane, impeccable office towers, notably the Lever House in Manhattan. Brazil' s Oscar Niemeyer, 80, was the singular creator of the major public buildings of Brasilia. Both say they would do it all the same way again...

Author: /time Magazine | Title: Time Magazine Contents Page | 5/30/1988 | See Source »

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