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February 9, 1997 | DAVID LANDAU, David Landau is the author of "Piety and Power: The World of Jewish Fundamentalism" (Hill and Wang)
This is a fine, well-researched and elegantly written book--if you have the time and strength to read through its nearly 700 pages. It is packed with facts about the financial empire of the fascinating Reichmann family, from its humble origins in 18th century rural Hungary to its transformation into one of the 20th century's wealthiest, most philanthropic Jewish families.
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BOOKS
February 9, 1997 | DAVID LANDAU, David Landau is the author of "Piety and Power: The World of Jewish Fundamentalism" (Hill and Wang)
This is a fine, well-researched and elegantly written book--if you have the time and strength to read through its nearly 700 pages. It is packed with facts about the financial empire of the fascinating Reichmann family, from its humble origins in 18th century rural Hungary to its transformation into one of the 20th century's wealthiest, most philanthropic Jewish families.
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BUSINESS
March 20, 1986
Gulf Canada, recently revamped under the control of the Reichmann family of Toronto, is offering to buy 38% of the outstanding voting shares of Hiram Walker Resources Ltd. of Toronto--a deal that could be worth about $720 million. The bid would give Gulf Canada, 80% owned by the the Reichmann family, more than 50% of Hiram Walker, which also has major energy operations in Canada. Analysts said the offer was likely a first move toward control of Hiram Walker.
BUSINESS
November 20, 1992 | From Times Staff and Wire Reports
O&Y Revises Its Debt Restructuring Plan: Olympia & York Developments Ltd., the world's largest commercial property developer, is considering a new debt restructuring plan under which it would liquidate most of its Canadian assets, lawyers for O&Y's creditors said. The new plan would leave O&Y's owners, the Reichmann family, with a mere 10% of their Canadian holdings, and O&Y's major lenders would have the option to seize O&Y's Canadian assets.
BUSINESS
November 20, 1992 | From Times Staff and Wire Reports
O&Y Revises Its Debt Restructuring Plan: Olympia & York Developments Ltd., the world's largest commercial property developer, is considering a new debt restructuring plan under which it would liquidate most of its Canadian assets, lawyers for O&Y's creditors said. The new plan would leave O&Y's owners, the Reichmann family, with a mere 10% of their Canadian holdings, and O&Y's major lenders would have the option to seize O&Y's Canadian assets.
BUSINESS
September 19, 1989 | From Reuters
Campeau Corp. was still trying Monday to win approval from creditors for a $250-million loan needed to pay overdue interest payments and to stock its department stores for Christmas. The wealthy and secretive Reichmann family of Toronto has agreed to temporarily bail out fellow Canadian entrepreneur Robert Campeau, but other creditors, including Citibank, have not yet agreed to the terms of the loan, investment analysts said.
BUSINESS
September 21, 1990 | From Associated Press
Plans by the world's largest commercial developer to sell a 20% stake in the vast U.S. properties it amassed over more than a decade are confirming worries throughout the industry that conditions could get worse. The Reichmann family of Toronto, which owns Olympia & York Developments Ltd., is seeking a single partner to acquire the stake, valued anywhere from $200 million to $800 million, industry sources said Thursday.
BUSINESS
July 1, 1992 | From Times Staff and Wire Reports
Reichmanns Tried to Bail Out O&Y: Canada's Reichmann brothers have poured about $417 million into their troubled Olympia & York Developments Ltd. since early 1991, according to court documents filed in Toronto. The family injected cash into its privately held company by buying assets through various other private firms, the documents said.
BUSINESS
September 21, 1989 | HARRY BERKOWITZ, Newsday
When it comes to odd couples, Paul Reichmann, the low-key and deliberate financial wizard whose family controls Olympia & York Developments Ltd., is about as far away as you can get from the flamboyant and adventurous Robert Campeau. "One is pure logic and one is pure emotion," said a Toronto stock analyst who follows Campeau Corp.
BUSINESS
July 18, 1985
The San Francisco-based oil company said that Olympia & York, a closely held firm controlled by the Reichmann family of Canada, let its agreement to purchase Chevron's 60% interest in Gulf Canada for about $3 billion (Canadian) expire at 5 p.m. Wednesday. The Reichmanns had the option to get out of the deal if they couldn't solve certain legal and tax problems associated with the purchase.
BUSINESS
July 1, 1992 | From Times Staff and Wire Reports
Reichmanns Tried to Bail Out O&Y: Canada's Reichmann brothers have poured about $417 million into their troubled Olympia & York Developments Ltd. since early 1991, according to court documents filed in Toronto. The family injected cash into its privately held company by buying assets through various other private firms, the documents said.
BUSINESS
September 21, 1990 | From Associated Press
Plans by the world's largest commercial developer to sell a 20% stake in the vast U.S. properties it amassed over more than a decade are confirming worries throughout the industry that conditions could get worse. The Reichmann family of Toronto, which owns Olympia & York Developments Ltd., is seeking a single partner to acquire the stake, valued anywhere from $200 million to $800 million, industry sources said Thursday.
BUSINESS
September 21, 1989 | HARRY BERKOWITZ, Newsday
When it comes to odd couples, Paul Reichmann, the low-key and deliberate financial wizard whose family controls Olympia & York Developments Ltd., is about as far away as you can get from the flamboyant and adventurous Robert Campeau. "One is pure logic and one is pure emotion," said a Toronto stock analyst who follows Campeau Corp.
BUSINESS
September 19, 1989 | From Reuters
Campeau Corp. was still trying Monday to win approval from creditors for a $250-million loan needed to pay overdue interest payments and to stock its department stores for Christmas. The wealthy and secretive Reichmann family of Toronto has agreed to temporarily bail out fellow Canadian entrepreneur Robert Campeau, but other creditors, including Citibank, have not yet agreed to the terms of the loan, investment analysts said.
BUSINESS
March 20, 1986
Gulf Canada, recently revamped under the control of the Reichmann family of Toronto, is offering to buy 38% of the outstanding voting shares of Hiram Walker Resources Ltd. of Toronto--a deal that could be worth about $720 million. The bid would give Gulf Canada, 80% owned by the the Reichmann family, more than 50% of Hiram Walker, which also has major energy operations in Canada. Analysts said the offer was likely a first move toward control of Hiram Walker.
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