Three Who Watch, Wait and Strike

Trio of Gamblers Sends Shudders Through Executive Corridors

T. Boone Pickens is only the best known of today's corporate raiders. Dozens of others stride through the corridors of the financial world, examining balance sheets, calculating the value of assets and looking for attractive takeover targets. They are usually loners out to make their own millions, although sometimes they join forces or end up on opposite sides. Last week's battle for Phillips Petroleum involved not only Pickens but three other leading takeover masters:

The Prowler. Carl Icahn, 48, looks for all the world like a typical, affluent suburbanite. He lives with his wife Liba in Westchester County, near New York...

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