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The mutual fund industry has been skyrocketing and money managers like Franklin Mutual Series Fund President, Michael Price, are working with record sums of investment capital. All this money, combined with greater aggressiveness, has helped establish a new breed of money managers—Michael Price foremost among them—as the terrors of corporate boardrooms. Today Price controls over 25 billion dollars. His strategy? Use his investors’ money to buy a huge stake in an underperforming company and push management to step up performance in a hurry. His goal? Make the stock price soar. (29 minutes)



 
    

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Copyright date: ©1998



Part of the Series : Managing Corporate Change
     


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