Word: raider
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Florida real estate investor Paul Bilzerian was determined to become a successful corporate raider. In 1985 and 1986 he attempted, and failed, to take over four different companies. In early 1988 the 38-year-old maverick managed to acquire defense contractor Singer by bidding for it when no one else would, right after the stock-market crash. Last week, however, Bilzerian finally made what will probably be his most lasting mark on Wall Street. In the first jury verdict to arise out of the Government's three-year crackdown on insider trading, Bilzerian was convicted on nine counts of securities...
From the time a raider acquires 5 percent of a company's stock until two years after the takeover is completed, all employees who are laid off without good cause would be entitled to two weeks severance pay for each year they had been employed...
...said Polaroid's experience helped shape the bill. The instant photography company, which is incorporated in Delaware, made use of a Delaware law that bars completion of a takeover for three years unless the raider either gets approval of the target company's board or buys 85 percent of its stock...
...When the boil comes to a head, it is a head. It has eyes, nose and a foul, funnily flapping mouth -- Bagley's id made manifest and shouting down his superego like some corporate raider ragging management at a stockholders meeting. Goodbye, Ealing Studios. Hello, Kafka. And for a while, pretty good Kafka. As he showed in Withnail and I, director Bruce Robinson has a truly weird sensibility, and Grant is his kind of guy, an actor morosely and ferociously resistant to normalcy and good cheer. In a story in which his wife (a spiritless Rachel Ward), his boss...
...world's most powerful advertising firms. The WPP conglomerate has already swallowed up the New York City-based JWT Group, which included two leading U.S. agencies, J. Walter Thompson and Lord, Geller, Federico, Einstein. The architect of WPP's remarkable transformation is Martin Sorrell, 44, the most feared raider to set foot on Madison Avenue...