| > I would pay for that and it could be an ongoing story is spidey.|
It happened in a plot which showed he already has plenty of experience in deal with white-haired old rich guys. In Spectacular Spider-Man...uh...#209-10(?) and the 1994 annual, his organisation was taken over by Justin Hammer, who sent out several different iterations of super-powered death squads to kill him, the Foreigner ended up destroying his entire organisation and going solo. I'm not sure if he's even appeared anywhere since.
As for "how would these two fare in a fight?", while if it came down to it, it'd work out as a martial arts skill/agility vs brute strength (and bombs) fight, why would a guy as smart as the Foreigner be playing to his foe's strength like that, when he could just snipe him from a distance?