Word: sanfords
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...work Roth most willingly tolerates is baseball. "My fandom," he says, without a trace of irony, "is the most interesting fact of my life." He talks eagerly about going to games as a boy and watching the old Newark Bears of the International League along with his older brother Sanford and his father, now a retired insurance-company executive. His boyhood passion was the Brooklyn Dodgers. "I went off to college, and then the Dodgers went off to L.A.," he says, shaking his head. Eventually, he transferred his allegiance to the New York Mets. Last summer he had a dish...
...Boesky case had an instant sobering effect on the takeover game. As the thunder of the insider-trading disclosures rose in volume, a number of big plays suddenly came to a halt. Wickes, a Santa Monica, Calif., retailing and manufacturing conglomerate headed by Sanford Sigoloff, 56, announced that it might not be able to carry out the estimated $1.7 billion acquisition of California's Lear Siegler, the aerospace and automotive-products concern. Sigoloff's bankers, spooked by the Boesky scandal, apparently balked at financing the deal...
...race that had been rated a toss-up, former governor and Duke University president Terry Sanford picked up a seat for the Democrats, defeating James Broyhill, who had been appointed to finish the term of Republican John East, who committed suicide earlier this year...
Make a bid, get rejected, collect millions. The strategy can work wonders. Less than two years ago, Santa Monica, Calif.-based Wickes Cos., a home- improvement and consumer-products firm, emerged from Chapter 11 bankruptcy protection and launched a series of takeover bids. Last week Chairman Sanford Sigoloff announced Wickes' latest coup: a $30 million profit on the sale of stock and options it accumulated in a $2.2 billion takeover try for Toledo- based Owens-Corning Fiberglas...
Schwab has persistently criticized fellow Bank-America board members for indecision in cutting staff and closing branches to stem the company's hemorrhage of red ink. In February, Schwab was among the minority who backed an unsuccessful bid by Sanford Weill, the former president of American Express, to infuse the bank with $1 billion in new capital in exchange for the chairmanship. Says Banking Analyst Joseph Arsenio of San Francisco's Birr, Wilson investment house: "Schwab had to be frustrated with the gradualist approach taken by management and the other directors...