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Corporate Takeovers #542266

NBC Evening News for Sunday, Mar 10, 1985
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(Studio) Report introduced
REPORTER: John Palmer

(DC) Economic impact of unsuccessful takeover attempts on major corps. examined; Carl Icahn's and T. Boone Pickens' takeover attempt of Phillips Petroleum cited as example Details given. [Bartlesville RESIDENTS - describe impact of event on them.] [PICKENS - defs. takeover attempts.] Congress reported considering legislature controlling such corporate raiders due to economic effect of attempts on major companies and interest rates; White House criticism of takeover attempts outlined on screen, discussed. [Economist Alan GREENSPAN - defs. raiders.] [Feb. 27, ICAHN - thinks Congress should keep system as is.]
REPORTER: Irving R. Levine

Levine, Irving R.;
Palmer, John

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