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BUSINESS
October 4, 1988 | Associated Press
Shaklee Corp. has bought a 23% interest in Smith & Hawken, a privately held mail-order company based in Mill Valley, Calif. that offers home gardening products, the two companies announced Monday. Financial terms were not announced, but as part of the agreement, Shaklee's president and chief executive, David M. Chamberlain and Rakesh K. Kaul, vice president of coprorate development and planning, will be elected a director of Smith & Hawken.
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CALIFORNIA | LOCAL
October 1, 2003 | Jia-Rui Chong, Carol Pogash and Greg Krikorian, Special to The Times
An anonymous e-mail released Tuesday claimed that a militant group is responsible for a second bombing in the Bay Area and threatened an even larger explosion. "No more will all of the killing be done by the oppressors, now the oppressed will strike back," stated the e-mail, purportedly written by Revolutionary Cells, which says it fights for animal rights and the environment. "We will be non-violent when ... these people are non-violent to the animal nations."
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BUSINESS
November 22, 1996 | Times Staff and Wire Reports
AT&T Corp., in an effort to stem a decline in its consumer long-distance business, unveiled a surprise agreement with direct marketer Shaklee Corp. to sell phone services door to door. The move marks the first time Basking Ridge, N.J.-based AT&T will let another company sell its phone services directly to consumers. San Francisco-based Shaklee, a unit of Yamanouchi Pharmaceutical Co.
BUSINESS
March 4, 1989 | LINDA WILLIAMS, Times Staff Writer
A group led by Minneapolis investor Irwin L. Jacobs announced Friday a long-anticipated proposal to buy Shaklee Corp., a marketer of foods, vitamins and personal care products, in a deal valuing the company at $528 million. Jacobs has been steadily buying shares in San Francisco-based Shaklee, and his investment group already holds close to 15% of the company's 13.2 million outstanding shares. In response, Shaklee has taken steps to prevent a possible takeover attempt.
BUSINESS
February 3, 1989 | JUBE SHIVER Jr., Times Staff Writer
Shaklee Corp., a vitamin and personal-care products company whose growth has stalled in recent years, agreed Thursday to sell a 78% stake in its profitable Japanese subsidiaries to a leading Tokyo pharmaceutical company for $350 million. The sale to Yananouchi Pharmaceutical comes one month after San Francisco-based Shaklee began tightening its anti-takeover defenses to ward off corporate raider Irwin L. Jacobs of Minneapolis.
BUSINESS
March 14, 1989 | JUBE SHIVER Jr., Times Staff Writer
Shaklee Corp., the personal-care products company that for months has been trying to fend off corporate raider Irwin L. Jacobs, on Monday made an end run around its hostile bidder by accepting a $395-million buyout offer from Japan's Yamanouchi Pharmaceuticals Co. Jacobs, signaling the likely end of the takeover battle, said he would not submit a new offer.
BUSINESS
March 7, 1989
I fully agree with Richard Rodriguez ("Baiting Religion, American Style," Editorial Page, Feb. 25) for saying what the American Muslims have been saying all along. He said, "To reiterate blasphemy through a microphone seems to me a provocation. I do believe that American writers believe that they are protesting censorship. But should one not question the propriety of giving further offense to Islam?" Rushdie has written a blasphemous book and has committed a grave folly. He now realizes it.
BUSINESS
March 8, 1987
Robert A. Gunst has joined Shaklee Corp., San Francisco, as senior vice president and chief financial officer.
BUSINESS
March 14, 1989 | JUBE SHIVER Jr., Times Staff Writer
Shaklee Corp., the personal-care products company that for months has been trying to fend off corporate raider Irwin L. Jacobs, on Monday made an end run around its hostile bidder by accepting a $395-million buyout offer from Japan's Yamanouchi Pharmaceuticals Co. Jacobs, signaling the likely end of the takeover battle, said he would not submit a new offer.
BUSINESS
March 13, 1989 | From Times wire services
Shaklee Corp., the direct sales company on the run from investor Irwin Jacobs, today closed the door on its hostile bidder by accepting a $395-million offer from Japan's Yamanouchi Pharmaceuticals Co. Ltd. The offer, $28 a share in cash, is in addition to Shaklee's special $20-a-share dividend, which the company announced last week to thwart Jacobs. Jacobs' unsolicited offer is $40 a share without the dividend and $20 a share with the pay out. Shares of Shaklee jumped $9.125, or 24%, to $47.
BUSINESS
March 7, 1989
I fully agree with Richard Rodriguez ("Baiting Religion, American Style," Editorial Page, Feb. 25) for saying what the American Muslims have been saying all along. He said, "To reiterate blasphemy through a microphone seems to me a provocation. I do believe that American writers believe that they are protesting censorship. But should one not question the propriety of giving further offense to Islam?" Rushdie has written a blasphemous book and has committed a grave folly. He now realizes it.
BUSINESS
March 4, 1989 | LINDA WILLIAMS, Times Staff Writer
A group led by Minneapolis investor Irwin L. Jacobs announced Friday a long-anticipated proposal to buy Shaklee Corp., a marketer of foods, vitamins and personal care products, in a deal valuing the company at $528 million. Jacobs has been steadily buying shares in San Francisco-based Shaklee, and his investment group already holds close to 15% of the company's 13.2 million outstanding shares. In response, Shaklee has taken steps to prevent a possible takeover attempt.
BUSINESS
February 3, 1989 | JUBE SHIVER Jr., Times Staff Writer
Shaklee Corp., a vitamin and personal-care products company whose growth has stalled in recent years, agreed Thursday to sell a 78% stake in its profitable Japanese subsidiaries to a leading Tokyo pharmaceutical company for $350 million. The sale to Yananouchi Pharmaceutical comes one month after San Francisco-based Shaklee began tightening its anti-takeover defenses to ward off corporate raider Irwin L. Jacobs of Minneapolis.
BUSINESS
March 13, 1989 | From Times wire services
Shaklee Corp., the direct sales company on the run from investor Irwin Jacobs, today closed the door on its hostile bidder by accepting a $395-million offer from Japan's Yamanouchi Pharmaceuticals Co. Ltd. The offer, $28 a share in cash, is in addition to Shaklee's special $20-a-share dividend, which the company announced last week to thwart Jacobs. Jacobs' unsolicited offer is $40 a share without the dividend and $20 a share with the pay out. Shares of Shaklee jumped $9.125, or 24%, to $47.
BUSINESS
December 15, 1988 | GEORGE WHITE, Times Staff Writer
Responding to word that corporate raider Irwin Jacobs has accumulated more than 6% of its stock, San Francisco-based Shaklee said Wednesday that it has toughened its anti-takeover defenses. Shaklee, which sells vitamins and household and personal-care items through a direct sales network, said its directors amended a shareholder rights provision that makes it even more difficult to launch a hostile takeover attempt.
BUSINESS
October 4, 1988 | Associated Press
Shaklee Corp. has bought a 23% interest in Smith & Hawken, a privately held mail-order company based in Mill Valley, Calif. that offers home gardening products, the two companies announced Monday. Financial terms were not announced, but as part of the agreement, Shaklee's president and chief executive, David M. Chamberlain and Rakesh K. Kaul, vice president of coprorate development and planning, will be elected a director of Smith & Hawken.
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