Word: aetna
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Aboard the craft will be two satellites, each weighing about 1,400 lbs., built by Hughes Aircraft Co. and owned by Telesat Canada, a partly public, partly private Canadian firm, and Satellite Business Systems, formed as a joint venture by IBM, Aetna Life & Casualty Co. and Comsat. Each of the two companies will pay NASA about $9 million to launch its "bird." Once in orbit, the satellites will form links in what is rapidly be coming a vast and complex corporate telecommunications highway 22,300 miles above the surface of the earth...
...gift, from the Aetna Life & Casualty Foundation. Inc.. is the third $1 million donation the center has received in its one-year history. The money will establish a professorship of public policy and corporate management within the center...
...Aetna chairman John H Filer will present the money tonight when he speaks at the K-School...
...Aetna contributed another $100,000 to the center in January when of was formally established Faculty from Harvard's business law and government schools will participate in the center...
...position improved and its stock underpriced, Congoleum decided to invest in itself. In early 1980, the conglomerate, with several blue-chip insurance companies, bought up all its outstanding publicly held stock for $450 million and went private. Prudential now has 29% of the company, with smaller pieces held by Aetna, Travelers and Connecticut General. In addition, Eddy G. Nicholson, chief operating officer of Congoleum, and Byron C. Radaker, its chairman, are shareholders...