Word: assets
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Dates: during 1950-1959
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What worried businessmen most was that trustbusters might attempt to divorce old and happy corporate liaisons, whether set up by stock purchase (as in the Du Pont case) or by the acquisition of other assets, for fear that they could produce a monopoly. Bicks soothed their fears. Though Section 7 of the Clayton Anti-Trust Act as amended in 1950 covers all asset acquisitions (it previously covered stock only), the amendments state clearly that "nothing contained in this action shall be held to affect or impair any right heretofore legally acquired." Therefore, he reasoned, a great many...
...only are pre-1950 asset acquisitions immunized by law," said Bicks, "but, equally important, enforcement practicalities may move against stock or asset acquisitions consummated since then. The likelihood may well be that not too long after a merger has been consummated the assets of the merged companies may be so scrambled that effective divestiture may be unfeasible." Even if the trustbusters decide to act immediately, there are other effective blocks to quick action against a company that acquires only part of the stock of a supplier or customer. "Competitive consequences may be much more ambiguous at the time of purchase...
Nicola's most important asset is a patch of land he can trade for a passage to Canada. He has one nubile daughter named Michela, another one named Sira, who is a mute. On St. Francis' night, when the egg white and the cardoon are on the window sills, a village woman empties a chamber pot on two peasants. This has the odd effect of stirring their passions, and they waylay Michela with rape in mind. The rape is not accomplished, but Michela becomes as mutely mad as her sister; what is more she is really in love...
...point of Andre Roussin's Frenchy little farce, and the reason the play ran for four years in Paris and three in London, was that even on a desert island it is possible for a man to be "civilized"-i.e., share the wealth, even when his only asset is a wife. In the play the heroine made the merry most of her polyandrous predicament, but poor Ava gets less bed than bored. Her husband (Stewart Granger) is interested in other things, and her would-be-wooer (David Niven) appears too vague to know what he wants. The only other...
...unblushing defense of India's annexation of most of Kashmir, 59-year-old Krishna Menon severely damaged India's cherished reputation for morality in international affairs. But he won an asset he had previously^ lacked - popularity with his countrymen. The Indian press promptly dubbed him "The Hero of Kashmir," and movies of his dramatic collapse played to packed houses all over India. In his subsequent campaign for a seat in the House of the People-his first try for elective office in India-Menon won a handsome majority. By last week Indian politicians who once publicly scorned Menon...