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Merger: The Exclusive Inside Story of the Bendix-Martin Marietta Takeover War
 
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Merger: The Exclusive Inside Story of the Bendix-Martin Marietta Takeover War [Paperback]

Peter F. Hartz (Author)

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Book Description

1893122336 978-1893122338 January 1, 2000 1
A fascinating inside look into one of the most exciting takeover struggles in corporate industry and the colorful figures involved in it.

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Editorial Reviews

Review

...Hartz does a masterly job of making a complex story not only comprehensive but also gripping... -- The New York Times Book Review

...thoroughly researched legal and other documents involved in the takeover war, as well as news reports and press releases. -- Turnarounds and Workouts, September 15, 2000 Review by Gail Owens Hoelscher

Drama abounds...plops readers right intothe middle of the action during one of the most exciting and bizarre episodes... -- Business Week

MERGER brims with tension, authentic sounding dialogue and insider detail. -- The Wall Street Journal

From the Publisher

William Agee, the youngest man ever to head one of the top 100 American corporations, seemed unstoppable. He took over Bendix, an aerospace, automotive, and industrial firm, determined to diversify the company out of the automotive industry. He sold off a few Bendix units, got some cash together, and began to look for acquisitions. Then Agee's relationship with Mary Cunningham burst into the news. Agee had promoted Cunningham from his executive assistant to vice president, to the outrage of other Bendix employees. Their affair, replete with power, brains, youth, good looks, charm, denial, and deceit, fascinated the American public. Agee turned to acquisition as soon as the gossip died down. A failed attempt to acquire RCA left him more determined than ever, and he set his sights on Martin-Marietta, an undervalued gem in the 1982 market slump. Thus began an all-out war of tenders and countertenders, egoism and conceit, half-truths and dissimulation, and sudden alliances and last-minute court decisions. The author, son of a long-time Bendix director, had unique access to the participants, notes, and documents involved in the takeover war.

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