BUSINESS PEOPLE; Sale of Their Company Puts Naifys in Spotlight

The Naifys had operated shrewdly, but quietly, running their big company as though it were private, analysts said. ''They are not a public family by any means,'' said an analyst who did not wish to be identified, ''and they have not run the company like a public company...

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Bibliographic Details
Published inThe New York times
Main Author Cuff, Dee Wedemeyer and Daniel F.
Format Newspaper Article
LanguageEnglish
Published New York, N.Y New York Times Company 16.07.1986
EditionLate Edition (East Coast)
Subjects
CUFF, DANIEL F
MERGERS, ACQUISITIONS AND DIVESTITURES
NAIFY, MARSHALL
NAIFY, ROBERT
WEDEMEYER, DEE
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Summary:The Naifys had operated shrewdly, but quietly, running their big company as though it were private, analysts said. ''They are not a public family by any means,'' said an analyst who did not wish to be identified, ''and they have not run the company like a public company.'' ''My brother and I have always been in the business,'' [Robert Naify] said. ''As children we were ushers and projectionists. We've been part of it for many years.'' Robert Naify has two sons in the business and [Marshall Naify] has a son and daughter in it. Robert said he and his brother had no plans other than to continue to run the business over the short term. The buyer, Tele-Communications, said it plans to buy the rest of the stock from the public. ''From then on, I don't know,'' Robert Naify said.
ISSN:0362-4331