The Marrying Sam of the corporate merger business is a Boston pawnbroker's Harvard-educated son named Abraham Malcolm Sonnabend. In the past four years Sonnabend has mated a score or more moneymaking companies with money losers, using the losers' losses as a tax offset against the moneymakers. In so doing, Sonnabend, who learned to wheel and deal as a Boston and Miami real estate operator, has gained control of a hotel, manufacturing and retail empire with 1957 sales of $179 million. Top earners: Hotel Corp. of America with operating revenues of $63 million, Botany Mills with sales of $96 million, Consolidated...
MANAGEMENT: Marriage Broker Sonnabend
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