Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Now You Can Be A Rubber Baron


In Business This Week

NOW YOU CAN BE A RUBBER BARON

WANT TO BUY A RUBBER COMpany? Gates is looking for a buyer for its Gates Rubber subsidiary, the world's largest maker of automotive and industrial belts and hoses. Family-owned Gates, which had revenues of $1.46 billion last year--virtually all of it from Gates Rubber--will hold on to an energy company, some Colorado real estate, and its 10,000-acre A-Bar-A guest ranch in Encampment, Wyo. Now run by Charles Gates, son of the founder, Gates has no third-generation heir apparent. The company is looking for a tax-free stock swap.EDITED BY KEITH H. HAMMONDS


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus