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Samuel Heyman

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BUSINESS
September 9, 1987 | From Reuters
GAF Corp. Chairman Samuel Heyman on Tuesday launched a $2.3-billion bid to take the chemical company private through a leveraged buyout, using some of the millions it has earned through unsuccessful but profitable takeover bids for much larger companies. The offer, at $66.50 a share, sent the diversified chemical company's stock soaring. It closed up $12.25 at $66.75 in consolidated New York Stock Exchange trading and was the day's biggest point gainer.
BUSINESS
April 21, 1987 | JAMES FLANIGAN
What can we learn from the takeover drama at Borg-Warner, the Chicago-based company that recently accepted a $48.50-a-share buyout offer from Merrill Lynch Capital Partners instead of a $48-a-share offer from takeover artist Samuel Heyman's GAF Corp.? Plenty. First we can learn that U.S. industry is not sunk in a slough of despond but is still fully capable of technological excellence, enthusiastic hard work and success.
BUSINESS
March 2, 1989 | From Times wire services
GAF Corp. shareholders today overwhelmingly approved a $1.47-billion buyout by a group led by the specialty chemical company's chairman and chief executive, Samuel Heyman. GAF shareholders will receive $46 per share in cash, plus subordinated debentures. GAF is one of the world's two largest producers of acetylene-based chemicals. Heyman's initial offer to buy GAF came about a year after GAF lost its 1986 battle to take over Union Carbide Corp.
ENTERTAINMENT
July 6, 2003 | Louise Roug
The top spender on art in the world, Sheik Saud al Thani of Qatar, shelled out several hundred million dollars during the last few years, according to ARTnews. The magazine's annual list of top art collectors is in its summer issue, which will be on newsstands Friday. A few Angelenos made the list, including (in alphabetical order) Edythe and Eli Broad, David Geffen, Audrey Irmas, Peter Norton, Michael Ovitz (who's new), Etsuko and Joe D. Price, Beth Swofford and Dean Valentine.
BUSINESS
September 9, 1987 | From Reuters
GAF Corp. Chairman Samuel Heyman on Tuesday launched a $2.3-billion bid to take the chemical company private through a leveraged buyout, using some of the millions it has earned through unsuccessful but profitable takeover bids for much larger companies. The offer, at $66.50 a share, sent the diversified chemical company's stock soaring. It closed up $12.25 at $66.75 in consolidated New York Stock Exchange trading and was the day's biggest point gainer.
BUSINESS
April 21, 1987 | JAMES FLANIGAN
What can we learn from the takeover drama at Borg-Warner, the Chicago-based company that recently accepted a $48.50-a-share buyout offer from Merrill Lynch Capital Partners instead of a $48-a-share offer from takeover artist Samuel Heyman's GAF Corp.? Plenty. First we can learn that U.S. industry is not sunk in a slough of despond but is still fully capable of technological excellence, enthusiastic hard work and success.
BUSINESS
April 22, 1986 | MICHAEL A. HILTZIK, Times Staff Writer
Union Carbide said Monday that it intends to sell its home and automotive products division, the maker of such familiar products as Prestone antifreeze and Glad plastic bags, for $800 million in a leveraged buy-out to a group formed by First Boston Corp. The deal largely completes the company's plans to sell all of its consumer goods lines, a move it undertook to defuse a takeover threat mounted by GAF Corp. and its chairman, Samuel Heyman.
BUSINESS
November 26, 1986 | Associated Press
Minstar Chairman Irwin L. Jacobs said Tuesday that he had offered to purchase beleaguered Borg-Warner Corp. for between $43 and $48 a share, the second takeover threat involving that company to emerge in two weeks. The takeover offer for the Chicago-based conglomerate would cost between $3.7 billion and $4.2 billion for the approximately 88 million shares outstanding, Jacobs said. In a telephone interview, Jacobs declined to give details of his offer. Jacobs, who said he holds a 7.
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