Word: antitrusters
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Dates: during 1960-1969
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...they will approve the move when they hear my case," he said. Not a chance. Kansas City was up in arms. Missouri Senator Stuart Symington was screaming for "justice," and there was talk of a congressional investigation that could spell doom for baseball's special exemption from federal antitrust laws. Besides, the other owners had long regarded Charlie Finley and his antics with ill-concealed dislike...
...Hoiles paid just over $1,250,000 for the paper's assets-a price that should clear the Citizen's debts, pay benefits to the 163 employees, fully refund the stockholders' money, and leave a little over to prosecute the Citizen's still-continuing civil antitrust suit against Hoiles claiming $7,800,000 treble damages as a result of his determined competition...
...producer and Middle Brother Lee the businessman; "J.J." touched both sides of the business, playing backer to Florenz Ziegfeld, producing more than 500 shows, and sending Eddie Cantor, Al Jolson, Marilyn Miller and Bert Lahr on their way to stardom. Until 1956, when the U.S. Government settled an antitrust suit, the Shuberts controlled half of all U.S. legitimate theaters; the business (24 theaters in Manhattan and four other cities) is still worth an estimated $50 million, and two days before J.J.'s death, the Government moved to get $15,705,387 in death taxes from Lee's estate...
...more of his records Leahy retains, on the principle that even insignificant slips of paper may be important to a top man. A piece of out-of-town hotel stationery, for instance, may establish the president's presence in one city at a time when Justice Department antitrust lawyers accuse him of being someplace else in a price-fixing conspiracy. Leahy's teams shy from letting corporate committees decide what should be thrown out. "In committee," says Founder Emmett Leahy, 53, "a company can always come up with reasons why useless papers should be retained...
...color TV tubes by building a plant to supply half of Zenith's tubes. Joe Wright has an unlikely background for an executive. Son of a Montana dentist, he worked through law school as an aide to Montana Senator Burton K. Wheeler in the 1930s, later became an antitrust lawyer for the Federal Trade Commission, where he tangled with many businessmen-including U.S. Steel Counsel Roger Blough, who lost to Wright in a steel-pricing case. Changing sides in 1952, Wright was hired as Zenith's counsel with the job of cracking RCA's control over some...