Word: beaming
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...fiscal health, cigarette makers have long been hedging their futures by tracking down merger opportunities. Lately, the trail has led to the package store. Liggett & Myers last year took over the U.S. importer of J & B Scotch whisky. American Tobacco bought nearly all of Chicago's James B. Beam Distilling Co. last fall, and will soon purchase control of the Buckingham Corp., importer of Cutty Sark Scotch. When its turn came, P. Lorillard Co. decided to try a little tippling...
...worth of books, most of them containing reprints from the magazine. At present, Playboy's staff is moving into larger quarters in Chicago's venerable Palmolive Building, leased for 63 years for $2,700,000. Thanks to eager press-agents, the building's famed beacon, whose beam can be seen 500 miles away, has been renamed the Bunny Beacon...
...late 50s, to ward profitable acquisitions as a hedge against poor cigarette sales prospects. Last May, American took over Sun shine Biscuits, Inc., the nation's second largest biscuit maker, in a $113 million stock swap. Last month it bought 96% control of Chicago's James B. Beam Distilling Co. for some $110 million. Two weeks ago, it agreed to buy 52.66% control of Buckingham Corp., which distributes Cutty Sark Scotch in this country, from Schenley for some $50 million. Last week Walker announced plans to buy prosperous Royal Crown Cola Co. in American's biggest deal...
...Tigers will, most likely, paste Harvard like they paste everyone else. But there is a thin beam of hope. Not only has Princeton lost a game (to second-ranked Louisville, 72-63), but the Tigers had to struggle to tip Yale last Saturday...
...boys involved, write and edit a magazine of strenuous anti-U.S. protest but no visible proceeds called Fallout. The boys are intelligent fools and natural allies. Editor Perkins has the wiry agony of a tortured coat hanger. Benjamin, the writing half of the team, casts the glowless beam of an abandoned lighthouse...