An edition of The White Sharks of Wall Street (2000)

White Sharks of Wall Street

Thomas Mellon Evans and the Original Corporate Raiders

  • 3 Want to read
White Sharks of Wall Street
Diana B. Henriques, Diana B. H ...
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Last edited by ImportBot
December 30, 2021 | History
An edition of The White Sharks of Wall Street (2000)

White Sharks of Wall Street

Thomas Mellon Evans and the Original Corporate Raiders

  • 3 Want to read

"Long before Michael Milken was using junk bonds to finance corporate takeovers, Thomas Mellon Evans used debt, cash, and the tax code to obtain control of more than eighty American companies. Long before investors began to lobby for "shareholder's rights," Evans was demanding that public companies be run only for their shareholders - not for their employees, their executives, or their surrounding communities.".

"In The White Sharks of Wall Street, New York Times investigative reporter Diana Henriques provides the first biography of this pivotal figure in American business history. She also portrays the other pioneering corporate raiders of the postwar period, such as Robert Young and Louis Wolfson, and shows how these men learned from one another and advanced one another's takeover tactics.

She relates in dramatic detail a number of important early takeover fights - Wolfson's challenge to Montgomery Ward, Young's move on the New York Central Railroad, the fight for Follansbee Steel - and shows how they foreshadowed the desperate battle waged by Tom Evans's son, Ned Evans, to keep the British raider Robert Maxwell away from his Macmillan publishing empire during the 1980s. Henriques also reaches beyond the business arena to tally the tragic personal cost of Evans's pursuit of success and to show how the family dynasty shattered when his sons were driven by his own stubbornness and pride to become his rivals.

In the end, the battling patriarch faced his youngest son in a poignant battle for control at the Crane Company, the once-famous Chicago plumbing and valve company that Tom Evans had himself seized in a brilliant takeover coup twenty-five years earlier."--BOOK JACKET.

Publish Date
Publisher
Scribner
Language
English

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Book Details


The Physical Object

Pagination
368

ID Numbers

Open Library
OL36285861M
ISBN 13
9780743202671

Source records

Better World Books record

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December 30, 2021 Created by ImportBot Imported from Better World Books record