In 1957, became a partner in the Cooper, Ostrin, De Varco & Ackerman law firm based in New York City.
[2] Perfect Film and Chemical Corporation was formed in 1962 by Ackerman from parts of his first four acquisitions: United Whelan Corporation, Hudson National, Perfect Photos, and Equality Plastics Inc. Hudson was a mail-order firm and Equality Plastics Inc. was a consumer products distributor.
[3] Ackerman had Curtis sell for $7.3 million its Philadelphia headquarters to a real estate developer, John W. Merriam, and lease half the buildings back to pay off most of the First National loan.
[1] At the time of his death, Martin served on the boards of Zales, Non-Invasive Monitoring Systems, Adience and Calton Home Builders.
[1] On June 14, 1993, Ackerman was named chairman, president and chief executive officer of Standard Brands Paint Co. as part of the plan that brought the company out of Chapter 11 federal bankruptcy protection.
[1] Ackerman died at the age of 61 on August 1, 1993, at Mount Sinai Hospital, Manhattan, from acute sepsis, after an operation.