When he was younger, Manny Pearlman planned to have his own investment firm. Now, at the advanced age of 28, he has one: Manhattan's Gemini Partners. And, as the newest and perhaps youngest player in the takeover game, he could have more companies in his pocket, soon. Last week Pearlman, acting on behalf of a group of investors, launched his first tender offer, a bid worth $240 million for Arkansas Best Corp. (1987 revenues: $732 million), a firm engaged in trucking as well as furniture and tire manufacturing.
A graduate of Duke and Harvard Business School, Pearlman worked two years for...
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