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Campeau reshapes takeovers with Allied Stores purchase
Canadian developer Robert Campeau built a real estate empire and in a record move bought 48 percent of Allied Stores in one day, forming the largest U.S. company takeover by a Canadian. The bid sparked Wall Street debate on new methods while recalling Campeau’s 1990 clash with Royal Trust and the Toronto Dominion era.
MENTIONED IN THIS ARTICLE
Bob Campeau
Campeau
Toronto
Harbour Castle
Sudbury
Allied
Wall Street Journal
Canada
U.S
Royal Trust
Toronto Dominion Bank
Reichmann Brothers
Ontario Securities Commission
Ken White
John Scholes