Word: thats
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Dates: during 1980-1989
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The battle cry of all raiders is to "maximize shareholder value," but few of them blew the trumpets like Edelman. In 1987 he taught a business course at Columbia University that he aptly dubbed "The Art of War." Edelman offered $100,000 to any student who could find a mismanaged...
When Edelman has tried to operate companies rather than simply auction off their parts, the results have been just as dismal. Example: Datapoint, a San / Antonio-based minicomputer maker. Since Edelman took it over in 1985, the company has gone through three presidents and $135 million in losses. Yet he...
Because Edelman feels that U.S. attitudes toward raiders have become too hostile, he now prefers to stalk European game. Yet his magic touch is fading. In June, Edelman made a failed bid for Storehouse PLC, a British retailing giant. Since then Storehouse's profits and stock price have plunged, wiping...
In a 14-hour procedure, the surgeons removed the fist-size left lobe from 29-year-old Teresa Smith's liver and transplanted most of it into her daughter. The revolutionary technique -- transplanting a liver from a living donor -- had been performed in Brazil, Australia and Japan, but this was...
The operation was not without serious complications. While the surgeons were removing part of Teresa's liver, they tore her spleen and decided they had to remove it. The loss of the spleen means she will be slightly more susceptible to infections, and may have to take antibiotics for the...