Seems like old times at Shearson

March 1993
U.S. News & World Report;3/22/93, Vol. 114 Issue 11, p16
Announces that last week Primerica Corp., the New York financial-services company 59-year-old Sandy Weill heads, agreed to buy the retail brokerage operations of Shearson Lehman Brothers from American Express Co. Weill built Shearson in the 1970s and 1980s into the second-largest brokerage; Background on Weill's career; American Express's big plans to improve profitability; Weill's recent attempt to merge Shearson with Primerica's existing brokerage, Smith Barney, Harris Upham & Co.


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