Word: steinberger
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...Second City comedy troupe has some new trophy cases in the lobby of its Chicago theater. Now they have more space to show off pictures of such former Second Citizens as John Belushi, Joan Rivers, Dan Aykroyd and Bill Murray. Other alumni, including Alan Arkin, Robert Klein and David Steinberg, were back in person recently for an anniversary reunion, which was taped by Home Box Office for airing in April. And in the world beyond, a Second City troupe is established in Toronto, touring companies are on the road, and SCTV is in reruns on the tube, still biting...
...Greenmailer. One of Icahn's partners in the Phillips struggle is Saul Steinberg, 45, an expert in the fine art of greenmail. In that corporate maneuver, an investor buys up a large block of stock in a company and threatens to take it over in hopes that the firm's management will become frightened and buy the shares back at a higher price than the stockholders can get, just to get rid of the raider. Last summer, in such a ploy, Steinberg bought 11.1% of Walt Disney Productions. After a long battle with Disney management, he sold the stock...
...Steinberg has been making deals for a quarter of a century. While preparing his senior thesis on IBM at the Wharton School of the University of Pennsylvania in 1959, he got an idea. Why not buy IBM computers on credit and then lease them for less than IBM charged? His father staked him $25,000, and Steinberg in 1961 formed his own leasing company, which later became Leasco. By 1965, when it offered stock to the public, Leasco had assets of $5.4 million and was growing fast...
...Steinberg, a junior from Los Angeles, Calif., connected on 20 of 21 PATs and six of eight field goal attempts last season...
...Steinberg was one of three Ivy League players honored, joining Dartmouth running back Rich Weissman and Cornell linebacker Howard Feiler on the squad...