Maxwell Communications Corporation
|Fate||Went into administration|
|Key people||Robert Maxwell (Chairman)|
The Company was established in 1964 when Hazell Sun merged with Purnell & Sons to form the British Printing Corporation. In 1967 it acquired a majority stake in Haymarket Group from Michael Heseltine. During the 1970s the Company was involved in many disputes with trade unions. In 1978 such a dispute led to The Times and Sunday Times not being published for 10 months.
In July 1981 Robert Maxwell launched a dawn raid on the Company acquiring a stake of 29%; the following year he secured full control of it. He changed the name of the Company to British Printing & Communications Corporation in March 1982 and to Maxwell Communications Corporation in October 1987.
The Company went into administration in 1991 following the death of Robert Maxwell. Its properties were sold to various media companies.
- National archives
- Haymarket: Timeline
- Peter Robinson, Chairman and CEO, Obituary, The Times, 15 November 2007.
- "Maxwell Lifts Macmillan Takeover Bid to $86.80 a Share", New York Times, 16 September 1988.
- "Airline Guide being sold to Maxwell", New York Times, 31 October 1988.
- "Bankruptcy Explanation By Maxwell", New York Times, 18 December 1991.
|This article about a company of the UK is a stub. You can help Wikipedia by expanding it.|