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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.
- Subjects :
- MERGERS & acquisitions
ACTIONS & defenses (Law)
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 2635
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 58497889