Mergers and Acquisitions Classic

Author: Gail D'George
Publisher:
Publish Date: 2000-01-01
Features: This is the story of a once aggressive young man who was expelled from university, who later became a business tycoon after working in the garbage collection industry. The book takes readers behind the legendary journey of Wayne, and through his business strategies, management style, and flexible business acumen, reveals the secrets behind his success as one of today's richest and most influential business leaders.
35 years ago, before the sun even rose, Wayne, who had been expelled from university, had already begun his daily work along his garbage collection route. Today, he is worth billions, commanding the sports, entertainment, and waste collection industries, where a single word from him can make a stock climb for 98 consecutive days. In just 7 years, Wayne acquired and merged, transforming a cramped corner of the Blockbuster chain into a $4 billion entertainment group with 3,700 stores worldwide, with a new store opening every 17 hours.
Despite his waste collection business always being entangled with the mafia and his company being plagued by insider trading, he still broke the personal rule of not owning two professional sports teams. He started with a salary of just one dollar a year and left as a millionaire worth $600 million, employing the most people.