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The Titans of Takeover
 
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The Titans of Takeover [Paperback]

Robert Slater (Author), Jeffrey A. Krames (Foreword)
4.0 out of 5 stars  See all reviews (1 customer review)

Price: $34.95 & this item ships for FREE with Super Saver Shipping. Details
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Book Description

November 1, 1999
This revealing account deals not only with those giant figures who perpetrated takeovers, but also with other featured players: investment bankers, attorneys, and arbitrageurs.

Editorial Reviews

From the Publisher

"The Titans of Takeover" tells the story of corporate raiders--the men in the 1980s who discovered great financial opportunities in seizing control of someone else's business, often at bargain prices. Profiled in these pages are such leading figures in the American takeover field as T. Boone Pickens, Carl Icahn, Saul Steinberg, and Ted Turner.

Product Details

  • Paperback: 272 pages
  • Publisher: Beard Books (November 1, 1999)
  • Language: English
  • ISBN-10: 1893122506
  • ISBN-13: 978-1893122505
  • Product Dimensions: 9 x 6.1 x 0.7 inches
  • Shipping Weight: 14.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #722,653 in Books (See Top 100 in Books)

More About the Author

Robert Slater was born in New York City on October 1, 1943, and grew up in South Orange, New Jersey. He graduated from Columbia High School in 1962 and graduated with honors from the University of Pennsylvania in 1966, where he majored in political science. He received a masters of science degree in international relations from the London School of Economics in 1967. He worked for UPI and Time Magazine for many years, in both the United States and the Middle East.
Slater has written 16 books about major business personalities before his new book on Donald Trump:
' The Titans of Takeover (Englewood Cliffs, NJ: Prentice Hall, 1987).
' Portraits in Silicon (Cambridge, MA: MIT Press, 1987).
' This ... .Is CBS: A Chronicle of 60 Years (Englewood Cliffs, NJ: Prentice Hall, 1988).
' The New GE: How Jack Welch Revived an American Institution (Homewood, IL: Business One Irwin, 1993).
' Get Better or Get Beaten! 31 Leadership Secrets from GE's Jack Welch (Burr Ridge, IL: Irwin Professional Publishing, 1994). This book made the business best-seller list in Japan.
' SOROS: The Life, Times, and Trading Secrets of the World's Greatest Investor (Chicago, IL: Irwin Professional Publishing, 1996). This book profiles superinvestor George Soros, and it appeared on the Business Week best-seller list.
' Invest First, Investigate Later: And 23 Other Trading Secrets of George Soros, the Legendary Investor (Chicago, IL: Irwin Professional Publishing, 1996).
' John Bogle and the Vanguard Experiment: One Man's Quest to Transform the Mutual Fund Industry (Chicago, IL: Irwin Professional Publishing, 1996). This book profiles the most important business figure in the mutual fund field.
' Ovitz: The Inside Story of Hollywood's Most Controversial Power Broker (New York, NY: McGraw-Hill, 1997). This book made the Los Angeles Times and the New York Times business best-seller lists.
' Jack Welch and the GE Way: Management Insights and Leadership Secrets of the Legendary CEO (New York, NY: McGraw-Hill, 1998). This is an updated look at the business secrets of General Electric's chairman and chief executive officer. It made the Business Week and The Wall Street Journal best-seller lists.
' Saving Big Blue: Leadership Lessons & Turnaround Tactics of IBM's Lou Gerstner (New York, NY: McGraw-Hill, 1999).
' The GE Way Fieldbook: Jack Welch's Battle Plan for Corporate Revolution (New York, NY: McGraw Hill, 1999).
' The Eye of the Storm: How John Chambers Steered Cisco Systems Through the Technology Collapse (New York, NY: HarperBusiness, 2003).
' Magic Cancer Bullet: How a Tiny Orange Capsule May Rewrite Medical History (New York, NY: HarperBusiness, 2003), co-authored with Novartis CEO, Dan Vasella.
' The Wal-Mart Decade: How a New Generation of Leaders Turned Sam Walton's Legacy into the World's #1 Company (New York, NY: Portfolio, 2003). A paperback version was published in June 2004.
' Microsoft Rebooted: How Bill Gates and Steve Ballmer Re-Invented Their Company (New York, NY: Portfolio, 2004
' No Such Thing as Over-Exposure: Inside the Life and Celebrity of Donald Trump (New Jersey, Pearson, Prentice Hall, February 2005)


 

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2 of 2 people found the following review helpful:
4.0 out of 5 stars One of the pieces to the puzzle., September 27, 2007
This review is from: The Titans of Takeover (Paperback)
This book chronicles the merger wave during the mid seventies to the late eighties. The book looks not only at the raiders, but also at other featured players in the takeover game: the investment bankers, attorneys, and arbitragers, considered the main personalities in the takeover game. You will find many figures depicted in this book.

Author Robert Slater was able to bring these players to life with inside descriptions of their lives. Profiled in these pages are the leading figures in the American takeover field. Titans like T. Boone Pickens, Carl Icahn, Saul Steinberg, and Ted Turner. As well as such behind the scenes personalities as lawyers Martin Lipton and Joseph Flom. Investment bankers Joseph Perella and Bruce Wasserstein, famous for staying in the game, gained notoriety by going after clients even after they committed to someone else.

A special chapter is dedicated to zooming in on the infamous arbitrager, Ivan Boesky. Who later on in the book clarifies the difference between a raider and an arbitrager by concluding that raiders are not arbitragers, they are party principles seeking control of companies, as opposed to impartial stock market operators, such as his self , who are basically interested in a spread as the reward.

Raiders who understand the takeover game realized the sum total of certain companies were worth less than its parts and believed that a company could not enrich itself from a lawsuit; it should only emerge whole. With this so-called credo, they found a reason to keep management on its toes. Out of this audacity and growing phenomenon, management and company boards employed a whole series of defensive tactics, ranging from the poison pill to the highly popular leveraged buyout. Nevertheless, the raiders seemed to know better. Each effort has its own problems, its own solutions. A raider who made a cash offer with an enticing premium knew that stockholders were not going to let a board of directors get in the way of making good money.

Aside from stepping over a few minor inconsistencies in historical content, this book will undeniably arouse your attention.
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