T. Boone Pickens

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T. Boone Pickens

An American oilman and business man. He founded an oil company, Mesa Petroleum, in 1956, and built it into one of the largest independent oil companies in the world. In the 1980s, Mesa was deeply involved in mergers and acquisitions, buying and attempting to buy companies much larger than it was. Pickens developed a reputation as a greenmailer, one who buys stock in a company and forces the company to buy it back at a large premium to avoid a hostile takeover. In 1997, he established BP Capital Management, which manages hedge funds. He is also a noted patron of his alma mater, Oklahoma State University. He was born in 1928.
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References in periodicals archive ?
In an interview last week with Tom Brokaw, T. Boone Pickens, Jr., well-known energy expert and financier.
Author, T. Boone Pickens, Jr. Houghton Mifflin Company (March 1987)
One of the more ardent supporters of this theory has been T. Boone Pickens, Jr., who declared (1987) that the biggest problem of all is the CEO's lack of ownership and (1988) that such an absence of financial risk is inconsistent with the free-enterprise system.
T. Boone Pickens, Jr., Boone (Boston: Houghton Mifflin Co., 1987).