Nation

Sheldon Coleman said he has been fired as president and chief executive of Coleman Co., Wichita, Kan., the maker of Coleman lanterns and other outdoor products. The company was founded by his grandfather. Coleman said Wall Street takeover strategist Ronald O. Perelman, who bought the company six weeks ago, terminated him during a meeting Monday in Houston. Coleman said Perelman’s newly formed acquisition company, Lantern Acquisition Corp., hadn’t appointed anyone to succeed him.