Saul Steinberg, Founder of Leasco Dies

Saul P. Steinberg, Founder of Leasco Data Processing  Corporation one of the pioneers of the third party leasing business has died at 73. Steinberg was a leading figure of the deal-making era of the late 70s/ early 80s, when the Leasco stock price soared, first buying Reliance Insurance and later making well-publicized, but unsuccessful, takeover runs at  Chemical Bank and Disney.

Leasco was a member of the Computer Dealers Association which merged with the Computer Lessors Association to form the CDLA. The CDLA merged with the ASCDI in 2000.

Below is a link to a recent article in the NY Times about Steinberg.

http://nyti.ms/SMNj96