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Pickens chooses a new target

Until now, T. Boone Pickens has limited his corporate raiding to the oil patch. But suddenly the investor, based in Amarillo, Texas, is taking a bit of advice from his best-selling autobiography, Boone: "It's important to show a new look periodically." Last week it was revealed that Pickens has set his sights on a surprising target: Boeing, the world's largest maker of commercial jets and a producer of military craft ranging from helicopters to cruise missiles. Pickens' investment group, Mesa Limited Partnership, is believed to have bought only about $15 million worth of Boeing's stock, or just .2% of the company's...

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