Word: adele
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...coming Ade Precision Products Corp. (Burbank, Calif.), specialist in aviation hydraulic and de-icing equipment. Actual purchase will be made by Giannini's $140,000,000 Transamerica Corp., which will swap about $1,700,000 worth of its Bank of America stock for 95% of outstanding Adel shares...
When finally bought, Adel will be the third war plant picked up by the Gianninis since mid-September. The other two: San Francisco's Enterprise Engine & Foundry Co. (estimated price: $450,000); Los Angeles' aircraft-parts maker Aerco Corp. (approximate price...
...Reason: like many war babies, the companies were short on working capital and long on excess-profits taxes. But in the Transamerica fold they have millions of working capital at their corporate fingertips, and the tax shield of Transamerica's hefty excess-profits tax exemption. Profits from the Adel plant may triple because the tax rate will be slashed from Adel's 80% to Transamerica...