The Corporate Raiders

Based on impressions gathered from the media in the course of the past year, the canyons of Lower Manhattan, in the vicinity of the Wall Street Corral, have been reverberating with the sounds of shoot-outs as a puzzled public tries to make sense of reports that corporations with such household familiarity as CBS, TWA, and Phillips Petroleum are under “hostile takeover” attack from “raiders” with such intriguing names as T. Boone Pickens, Irwin “The LiquidatorR...