![]() ![]() By 1974, he had been indicted for and acquitted of wire and mail fraud, and involved in a pension-related lawsuit brought against him by the United Auto Workers. This launched his career as an investor when he used the proceeds of that sale to begin speculation in the financial services industry. Simmons purchased the store and parlayed it into a chain of 100 stores, which in 1973 he sold for more than $50 million, to Eckerd Corporation. ![]() Bright sprayed insecticide over and around 60 students, only two of whom were black seminary students. Before Simmons owned it, University Pharmacy was the site of a racially charged sit-in in January 1961, when its owner C.K. In 1960, using $5,000 of his savings, and a $95,000 loan, he bought a small drugstore, University Pharmacy on Hillcrest Avenue, across from the campus of Southern Methodist University. ![]() government as a bank examiner, then for a Dallas-based bank, Republic National Bank. Career Īfter completing graduate school in 1952, Simmons worked for the U.S. Simmons has BA (1951) and MA (1952) degrees in economics from the University of Texas at Austin. His father later became a school superintendent. His parents were Baptists and both worked as teachers. Simmons was born in Golden, Wood County, Texas, the son of Reuben Leon (1894–1954) and Fairess Clark Simmons (1903–1990). As of 2006, he controlled five public companies traded on the New York Stock Exchange: NL Industries Titanium Metals Corporation, the world's largest producer of titanium Valhi, Inc., a multinational company with operations in the chemicals, component products, Waste Control Specialists (waste management), titanium metals industries CompX International, manufacturer of ergonomic products, and Kronos Worldwide, leading producer and marketer of titanium dioxide. He was the owner of Contran Corporation and of Valhi, Inc., (a NYSE traded company about 90% controlled by Contran). Harold Clark Simmons (– December 29, 2013) was an American businessman, investor, and philanthropist whose banking expertise helped him develop the acquisition concept known as the leveraged buyout (LBO) to acquire various corporations. Then lure the rest out one by one to kill them using melee attacks.Owner of Contran Corporation and Valhi, Inc.
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