MANAGEMENT: Sound & Fury

Three famed industrial managers last week made headlines.

Confusion by Hudson. At a stockholders' meeting of Hudson Motor Car Co., the story finally came out of how Detroit's body-building Fisher brothers, retired from General Motors, had shopped around for an automobile company. The deal not only came out; it came to grief.

Hudson President Abraham Edward Barit read stockholders the Fisher offer: $8,500,000 (approximate book value) for 400,000 shares of Hudson's unissued stock. Pointing out that this was approximately $21.66 a share compared to the current market price of $28. President Barit declared...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!