Entrepreneurs: Full Circle

Few businessmen have a keener sense of the economic winds than Meshulam Riklis. When the art of acquisition was new in the late 1950s and early 1960s, he was one of the canniest practitioners. In time, he parlayed nerve and some fancy forms of financing into control of a string of businesses in such diverse fields as retailing and men's wear, building products and theaters. Now that conglomerates are running into all sorts of head winds, Riklis' own interest seems to be veering from making mergers to simply managing his $2 billion...

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