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Hammermill readies its Icahn defenses.

Source :
BusinessWeek; 5/5/1980, Issue 2635, p48-48, 2/3p
Publication Year :
1980

Abstract

The article reports on the Erie, Pennsylvania-based firm Hammermill Paper Co., which is involved in a lawsuit over the plan to merge it to other company. Hammermill president Albert F. Duval is rejecting the move by New York-based arbitrageur Carl C. Icahn and his group to force the company into a merger. Icahn's group has acquired a 10.5% stake in the firm for 20.2 million dollars with a sole aim to force the company into a merger.

Details

Language :
English
ISSN :
00077135
Issue :
2635
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
58497889