Alger ‘Duke’ Chapman, Who Sold Shearson to Weill, Dies at 81
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Alger “Duke” Chapman Jr., who led Shearson Hammill & Co. through its merger into Sanford Weill’s Hayden Stone Inc. in 1974, a milestone in the growth of finance industry mega-companies, has died. He was 81.
He died on Feb. 18 at St. Vincent Medical Center in Little Rock, Arkansas, where he had retired, said his son, Sam. The cause was congestive heart failure.