High Noon: Showdown time for Bendix

Showdown time for Bendix

The matchup is reminiscent of the classic Old West confrontation between a brash young gunslinger and the grizzled veteran with a dozen notches on his gun. William Agee, 44, the Harvard Business School whiz kid who heads the Bendix Corp., is facing a showdown with Harry Gray, 62, the seasoned hustler who began his career selling Dodge trucks for a Chicago dealership and went on to become a renowned conglomerate builder as chairman of United Technologies Corp. In the newest twist in a complex takeover struggle, United Technologies announced...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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