January 12, 1990 |
T. Boone Pickens is carrying his Japanese corporate battle to court with a lawsuit to gain access to the financial books of Koito Manufacturing Co. Ltd., the auto parts maker of which he is the largest shareholder, Pickens' lawyer said today. Pickens filed the lawsuit in Tokyo District Court, his lawyer, Kanji Ishizumi, said. "We are confident that Pickens will win. But it is all up to the judges," Ishizumi said.
February 4, 1994 |
Even though it hurts, the nation's corporate restructuring is ushering in better economic times, said T. Boone Pickens, Texas oilman, corporate raider and a founder of the shareholder rights movement. He spoke in Costa Mesa on Thursday morning to a group of about 250 people attending a forum on leading public companies. "The '80s won't be remembered as a decade of greed; it will be remembered as the decade of the shareholder rights movement," Pickens told his audience.
June 1, 1990 |
A Texas businessman wants oilman T. Boone Pickens to put up $100,000 or shut up about Amarillo being on a downhill slide. Pickens packed up his business and left Amarillo last year after feuding with city officials and the local newspaper. He never gave a clear reason for pulling out, but he said last month in a letter to a friend that Amarillo was a "blue-collar district."
June 28, 1988 |
Texas speculator T. Boone Pickens said Monday that his United Shareholder Assn. will spearhead a campaign by shareholders to change their firms' corporate bases from Delaware to states whose laws favor broader shareholder rights. In remarks to group members in Washington, Pickens said his group will encourage states to adopt laws guarding against management entrenchment and shareholder disenfranchisement.
July 9, 1989
A merican corporate raider T. Boone Pickens Jr. has waged a high-profile battle against what he regards as the insularity of Japan's business community. As part of that effort, he has acquired stock in Koito Manufacturing and has tried, so far unsuccessfully, to gain seats on the board of the auto parts firm. He suggests that he has been denied the board seats because he is not Japanese.
February 12, 1985 |
Texas oilman T. Boone Pickens, who with his partners owns nearly 9 million shares of stock in Phillips Petroleum Co., on Monday attacked a "poison-pill" defense adopted recently by the company's directors to fend off unfriendly takeovers. The criticism by Pickens added to the uncertainty surrounding the efforts of the Bartlesville, Okla.-based oil company to remain independent and could undermine support for its recapitalization plan, scheduled for a stockholder vote Feb. 22.
November 21, 1989 |
Corporate raider T. Boone Pickens inaugurated the Orange County chapter of his "shareholders rights" organization Monday with a vigorous attack on Japan. Pickens, chairman of the Texas energy company Mesa Limited Partnerships and a longtime critic of corporate management practices, called for a ban on Japanese acquisitions of U.S. companies, even though he conceded that such a move would not be in the interest of shareholders in the short run.
January 7, 1988 |
The partnership led by oilman T. Boone Pickens Jr. has agreed to help provide financing for investor Paul Bilzerian's $1.06-billion takeover of Singer Co., a group headed by Bilzerian announced Wednesday. The agreement by Pickens' Mesa Holding Limited Partnership to provide up to $150 million in junior subordinated financing for the $50-a-share buyout offer completes commitments for the financing needed to complete the deal, the Bilzerian group said.
March 17, 1985 |
Poker faces are as prized in corporate America as they are at the card table, and a standing-room-only crowd got a glimpse of one of the finest last Monday. Texas oilman T. Boone Pickens and former Texas Gov. John B. Connally were speaking that night at the Eldorado Country Club in Indian Wells, near Palm Springs. Pickens, in a speech titled "American Capitalism: Back to Basics," delivered his usual pitch--that hired corporate managers have not done a good job for shareholders.
CALIFORNIA | LOCAL
December 18, 1990 |
T. Boone Pickens' shouts finally have been heard in Japan. But what an echo! In the cacophonous uproar that often characterizes the U.S.-Japan trade dialogue, his voice is among the loudest. He has called for Japan to change, to open up to American investment, to behave, in short, more like us. His persistent pleas appear to have had some effect.