Obituary

Michael Price, Who Saw Value in Companies’ Struggles, Dies at 70

  • Boasted top mutual fund returns in the 1980s and 1990s
  • He pushed for the merger of Chase and Chemical banks in 1995
Michael PricePhotographer: Ramin Talaie/Bloomberg
Lock
This article is for subscribers only.

Michael F. Price, a renowned value investor known for pushing for change at underperforming companies, has died. He was 70.

He died peacefully in his sleep on Monday after a lengthy illness, according to Timothy E. Ladin, general counsel and vice president of Price’s New York firm, MFP Investors LLC.