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Mar 31, 1998

Changing course

Seek out companies with rapidly evolving strategy and find savvy IROs going with the flow

A funny thing happened to Bob Gallant on his way to work one day last January. Just several days into his new job as investor relations director at Hercules Inc, the Wilmington, Delaware-based chemicals giant, Gallant walked into a fierce bidding war between his bosses and Switzerland's Ciba Specialty Chemicals over Allied Colloids Group PLC of Bradford, England. Hercules had been slimming down in the past few years, selling non-core operations such as its solid-fuel systems and graphite powder

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