Requiem for a Raider

Posted by

Sad news, one of the original shareholder activists and corporate raiders, Saul Steinberg, passed away yesterday.

His story of investment success is a great one…

Saul Steinberg, who led massive takeovers of companies before the titans of private equity popularized leveraged buyouts, and became one of the first personalities in finance to be dubbed a corporate raider, has died at the age of 73.

A lover of dealmaking, Steinberg rose to Wall Street prominence in the 1960s but ran into health and financial difficulties by 2000. His death was announced on Friday by CNBC, where his daughter-in-law Maria Bartiromo is a presenter.

Keep Reading:

Saul Steinberg, early “corporate raider”, dies at 73 (Chicago Trib)

Financier Saul Steinberg Dies at 73 (CNBC)

Saul P. Steinberg, Financier Who Challenged Chemical Bank, Dies at 73 (New York Times)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. miniature painting service commented on Sep 18

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  2. w88 commented on Sep 20

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  3. immediate edge review commented on Sep 28

    … [Trackback]

    […] Here you can find 24102 more Information to that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  4. beasiswa metro tv commented on Nov 14

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  5. cc dumps commented on Nov 22

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  6. td bank login commented on Nov 29

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  7. scotiabank online commented on Nov 30

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  8. bmo login commented on Dec 05

    … [Trackback]

    […] Here you will find 57623 more Information to that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  9. 메이저놀이터 commented on Dec 25

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  10. fake watches commented on Dec 29

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  11. full size love dolls commented on Dec 31

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

  12. lace front wigs commented on Jan 24

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2012/12/08/requiem-for-a-raider/ […]

HowIInvestMyMoney