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Sheldon Coleman

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BUSINESS
October 13, 1988
Sheldon C. Coleman, grandson of the Coleman Co.'s founder, has been elected chairman. The younger Coleman, 35, succeeds his father, Sheldon Coleman, who died Sept. 21 at age 86. Coleman, the 88-year-old company's third chairman, also is president and chief executive. Founder W. C. Coleman was chairman until his death in 1957. Coleman Co., which is based in Wichita, Kan., manufactures outdoor recreation equipment and home heating and air conditioning products.
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BUSINESS
May 11, 1989
Lawrence M. Jones is resigning as vice chairman and chief financial officer of Fleming Cos. in Oklahoma City to become president and chief executive of Coleman Co., Wichita, Kan. Before joining Fleming 18 months ago, Jones had been associated with Coleman for 23 years. Coleman was taken over April 20 by Ronald O. Perelman and his New York firm, MacAndrews & Forbes Holdings Inc., after he outbid the Coleman family in its attempt to take the company private in a leveraged buyout. Perelman later fired Sheldon Coleman, grandson of the company's founder, as president and chief executive.
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NEWS
September 24, 1988 | From Staff and Wire Reports
Sheldon Coleman, son of the founder of the Coleman outdoor products company, is dead. He was credited with leading the company's massive diversification during his nearly 50 years as board chairman. Coleman was 86 when he died in Wichita on Wednesday of the complications of lupus, a skin disease. From 1940 until his death, Coleman transformed the Coleman Co. into the world's largest manufacturer of outdoor products.
BUSINESS
February 15, 1989 | From Reuters
Coleman Co., the outdoor equipment maker whose sturdy lanterns and stoves are standard American camping gear, said Tuesday that its board is considering a possible $450.6-million management buyout offer. Shares of the Wichita, Kan.-based company soared $21 to $70.125 on the New York Stock Exchange, above the $64-a-share buyout price. Analysts said the stock jumped on a belief that another suitor may emerge.
BUSINESS
February 15, 1989 | From Reuters
Coleman Co., the outdoor equipment maker whose sturdy lanterns and stoves are standard American camping gear, said Tuesday that its board is considering a possible $450.6-million management buyout offer. Shares of the Wichita, Kan.-based company soared $21 to $70.125 on the New York Stock Exchange, above the $64-a-share buyout price. Analysts said the stock jumped on a belief that another suitor may emerge.
NEWS
September 24, 1988 | From Staff and Wire Reports
Sheldon Coleman, son of the founder of the Coleman outdoor products company, is dead. He was credited with leading the company's massive diversification during his nearly 50 years as board chairman. Coleman was 86 when he died in Wichita on Wednesday of the complications of lupus, a skin disease. From 1940 until his death, Coleman transformed the Coleman Co. into the world's largest manufacturer of outdoor products.
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