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Englewood Resident, Perelman Deal-Maker Donald Drapkin Dies

Donald Drapkin
Donald Drapkin Photo Credit: LinkedIn

ENGLEWOOD, N.J. -- Englewood resident and famed deal-maker Donald Drapkin died due to brain injuries sustained in a ski accident earlier this month, according to multiple reports. He was 67.

Drapkin made a name for himself by brokering mega-deals for billionaire Ronald Perelman including the acquisition of Marvel Comics, AlliedBarton and Revlon, NJ.com reported.

Perelman and Drapkin had a falling out in 2007 due to unpaid compensation. Drapkin was later awarded $16 million for breach of contract, NJ.com said.

Drapkin went on to co-found the hedge fund Casablanca, which at one point controlled the country's largest iron ore miner, Cliffs Natural Resources Inc., The Wall Street Journal said.

Click here to read the NJ.com article .

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