BUSINESS PEOPLE; Colt Chairman Cites Stockholder Gains
''Stockholders have always done very well by us,'' said David I. Margolis, chairman and chief executive of Colt Industries. ''It's been our history.'' The deal collapsed and Colt's stock fell. It had been a rich proposal. ''The price offere...
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| Published in | The New York times |
|---|---|
| Main Author | |
| Format | Newspaper Article |
| Language | English |
| Published |
New York, N.Y
New York Times Company
22.07.1986
|
| Edition | Late Edition (East Coast) |
| Subjects | |
| Online Access | Get full text |
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| Abstract | ''Stockholders have always done very well by us,'' said David I. Margolis, chairman and chief executive of Colt Industries. ''It's been our history.'' The deal collapsed and Colt's stock fell. It had been a rich proposal. ''The price offered was twice the market value for Colt at the time,'' Mr. Margolis said. ''There was no way we were not going to give our stockholders an opportunity at that.'' His wife, Barbara, is New York City's Commissioner of Protocol -the city greeter. ''A much prettier version of Grover Whalen.'' Mr. Margolis said. |
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| AbstractList | ''Stockholders have always done very well by us,'' said David I. Margolis, chairman and chief executive of Colt Industries. ''It's been our history.'' The deal collapsed and Colt's stock fell. It had been a rich proposal. ''The price offered was twice the market value for Colt at the time,'' Mr. Margolis said. ''There was no way we were not going to give our stockholders an opportunity at that.'' His wife, Barbara, is New York City's Commissioner of Protocol -the city greeter. ''A much prettier version of Grover Whalen.'' Mr. Margolis said. |
| Author | Wedemeyer, Daniel F. Cuff and Dee |
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| Title | BUSINESS PEOPLE; Colt Chairman Cites Stockholder Gains |
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