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Arthur Goldberg

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NEWS
April 9, 1996 | From Associated Press
The FBI once suspected former Supreme Court Justice Arthur Goldberg of being associated with Communists and even considered the possibility of "custodial detention" for him before World War II, according to a newspaper report. The possibility of detention and a 1941 letter from then-FBI Director J. Edgar Hoover listing Goldberg as being "closely associated with Communist leaders in Illinois" are among 800 pages of FBI files obtained by USA Today, the newspaper reported in Monday's editions.
ARTICLES BY DATE
CALIFORNIA | LOCAL
October 20, 2000 | TOM GORMAN, TIMES STAFF WRITER
Arthur Goldberg, a penny-pinching trucking company executive who in just 10 years shrewdly created the world's largest casino conglomerate, died Thursday at the age of 58. Goldberg, the president and chief executive officer of Park Place Entertainment, the Las Vegas-based company that owns the Caesars, Hilton, Bally's and Grand casino chains, died at Johns Hopkins Hospital in Baltimore from complications with bone marrow failure.
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CALIFORNIA | LOCAL
October 20, 2000 | TOM GORMAN, TIMES STAFF WRITER
Arthur Goldberg, a penny-pinching trucking company executive who in just 10 years shrewdly created the world's largest casino conglomerate, died Thursday at the age of 58. Goldberg, the president and chief executive officer of Park Place Entertainment, the Las Vegas-based company that owns the Caesars, Hilton, Bally's and Grand casino chains, died at Johns Hopkins Hospital in Baltimore from complications with bone marrow failure.
NEWS
April 9, 1996 | From Associated Press
The FBI once suspected former Supreme Court Justice Arthur Goldberg of being associated with Communists and even considered the possibility of "custodial detention" for him before World War II, according to a newspaper report. The possibility of detention and a 1941 letter from then-FBI Director J. Edgar Hoover listing Goldberg as being "closely associated with Communist leaders in Illinois" are among 800 pages of FBI files obtained by USA Today, the newspaper reported in Monday's editions.
BUSINESS
June 21, 1989 | From United Press International
Di Giorgio Corp., a food distributor and building materials company, has rejected a $153-million takeover bid by New Jersey investor Arthur Goldberg, the company said Tuesday. In a two-sentence letter to Goldberg dated Monday, Di Giorgio Chairman Peter Scott declared that "the company is not for sale" and said the board was not interested in negotiating with Goldberg. Goldberg, who owns 14.1% of Di Giorgio's common stock, offered $30 a share for the company June 7. At the time, he said the price represented a "significant premium" over what the stock would be worth if it was not surrounded by takeover rumors.
BUSINESS
October 13, 1990 | From Reuters
Investor Arthur Goldberg took charge of Bally Manufacturing Corp. Friday and announced that he will sell assets--which range from casinos to health clubs--to cut the company's staggering debt. Bally also said its Nevada casino unit would miss an $18.4-million interest payment due Oct. 15, prompting Standard & Poor's Corp. and Moody's Investor Service to lower the company's debt rating. Stock in Chicago-based Bally fell 12.5 cents to $3 on the New York Stock Exchange.
OPINION
January 28, 1990
Our country lost a great American when Arthur J. Goldberg passed away (Part A, Jan. 20). One regret is that he left without writing his memoirs. It would have been historically important to reveal in detail how President Lyndon Johnson persuaded him to leave the Supreme Court for the United Nations ambassadorship. As a dear friend since World War II Arthur told me the story several times, but it deserved public revelation. In effect, Johnson insisted that Goldberg alone, with his vast labor negotiation experience, could help negotiate world peace at the U.N., that it was his duty to mankind to make such use of his talents.
BUSINESS
December 19, 1996 | Times Staff and Wire Reports
Hilton Hotels Corp. said it completed its purchase of Bally Entertainment Corp. for $3 billion in stock and assumed debt, transforming the hotel company into the world's biggest casino company. The sale gives Hilton lucrative positions in the two biggest gambling meccas in the U.S.--Atlantic City, N.J., and Las Vegas. The close of the transaction comes after regulators in four states, shareholders and antitrust authorities approved the purchase.
BUSINESS
October 13, 1990 | From Reuters
Investor Arthur Goldberg took charge of Bally Manufacturing Corp. Friday and announced that he will sell assets--which range from casinos to health clubs--to cut the company's staggering debt. Bally also said its Nevada casino unit would miss an $18.4-million interest payment due Oct. 15, prompting Standard & Poor's Corp. and Moody's Investor Service to lower the company's debt rating. Stock in Chicago-based Bally fell 12.5 cents to $3 on the New York Stock Exchange.
OPINION
January 28, 1990
Our country lost a great American when Arthur J. Goldberg passed away (Part A, Jan. 20). One regret is that he left without writing his memoirs. It would have been historically important to reveal in detail how President Lyndon Johnson persuaded him to leave the Supreme Court for the United Nations ambassadorship. As a dear friend since World War II Arthur told me the story several times, but it deserved public revelation. In effect, Johnson insisted that Goldberg alone, with his vast labor negotiation experience, could help negotiate world peace at the U.N., that it was his duty to mankind to make such use of his talents.
BUSINESS
June 21, 1989 | From United Press International
Di Giorgio Corp., a food distributor and building materials company, has rejected a $153-million takeover bid by New Jersey investor Arthur Goldberg, the company said Tuesday. In a two-sentence letter to Goldberg dated Monday, Di Giorgio Chairman Peter Scott declared that "the company is not for sale" and said the board was not interested in negotiating with Goldberg. Goldberg, who owns 14.1% of Di Giorgio's common stock, offered $30 a share for the company June 7. At the time, he said the price represented a "significant premium" over what the stock would be worth if it was not surrounded by takeover rumors.
BUSINESS
June 9, 1989
Di Giorgio Has Another Suitor: Di Giorgio Corp., the San Francisco food and building materials company that fought off a hostile takeover attempt and restructured itself last year, has another suitor. Investor Arthur Goldberg of Somerset, N.J., who holds 14.1% of Di Giorgio's shares, offered to buy the company for $30 a share, or about $153 million. The company said it would respond "in due course." Di Giorgio shares jumped $3 to close at $31 on the New York Stock Exchange after the offer was disclosed.
BUSINESS
April 24, 1987
Boca Raton, Fla.-based International Controls Corp. received the $32-per-share offer from its CEO Arthur Goldberg and Bear, Stearns & Co. The company's stock jumped more than 20%, or 5 5/8, to 32 7/8 on the New York Stock Exchange on the news. The estimated value of the transaction for all the outstanding shares not already owned by Goldberg and the New York investment bank and brokerage house is $82 million. International Controls is a manufacturing and engineering concern.
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