Hardcover, 261 pages
English language
Published April 14, 1987 by Alfred A. Knopf, Knopf, Distributed by Random House.
Storming the Magic Kingdom
Wall Street, The Raiders And The Battle For Disney
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STORMING THE MAGIC KINGDOM recounts how a band of corporate raiders and Wall Street mercenaries launched an assault on the champion of American values-- Walt Disney Productions.
In January 1984, Disney stock fell far below the value of the company's assets. In March 1984, corporate raider Saul Steinberg was ready to pounce. His plan--gain control of Disney then split it apart by selling the studio and real estate to investors and keeping the theme parks.
As word spread, Disney stock was traded frantically. Disney management took desperate maneuvers to beat off the attack. If Steinberg took control, the company that they believed embodied every American childhood, would disappear.
Subjects
- Walt Disney Productions -- Reorganization.
- Consolidation and merger of corporations -- United States -- Case studies.
- Tender offers (Securities) -- United States -- Case studies.
- Corporate reorganizations -- United States -- Case studies.