Word: bendixes
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...wave of takeovers that has so dominated Big Business for the past year continued last week when another major merger bid was announced and yet another accepted after weeks of careful negotiation. The Bendix Corp., a widely diversified auto components and industrial manufacturing corporation, announced that it will seek to acquire the Martin Marietta Corp., which has holdings in a broad range of fields from chemicals to aerospace, for about $1.5 billion in cash and stock. Meanwhile, Cities Service Co. reluctantly agreed to accept a takeover offer from Occidental Petroleum Corp. If that approximately $4 billion transaction is completed...
MARRIED. William Agee, 44, chairman of Bendix Corp.; and Mary Cunningham, 30, vice president of Joseph E. Seagram & Sons and former vice president of Bendix, who quit that post after rumors credited her promotion to a romance with Agee; both for the second time; in San Francisco. Agee recently converted to Roman Catholicism, and Cunningham won an annulment of her first marriage...
...like Movie Producer Alan Silverman, a meal of scrambled eggs, toast and coffee at the Polo Lounge is also a chance to catch up on industry gossip. Others say the meal adds an important new extension to the workday. Says Seagram Vice President Mary Cunningham, who had breakfast with Bendix Chairman William Agee at the Helmsley Palace in New York shortly before they announced their engagement: "You are always looking for social situations where you can do business, and breakfast increases those times...
ENGAGED. Mary Cunningham, 30, vice president for strategic planning at Joseph E. Seagram & Sons; and William Agee, 44, chairman of the Bendix Corp., and her boss until 1980, when she resigned after talk that he had promoted her because of their friendship...
...woman happy. Even before Little Ricky's birth, for example, Lucy Ricardo stayed home as a housewife. Her urge to take a job and fulfill ambitions of her own was considered one of the wackier aspects of her humor. Lucy's contemporary Peg Riley (in William Bendix's The Life of Riley, 1953-58) stayed home too, despite the constant money worries stemming from Riley's modest wage as a riveter. And the handful of working women in '50s TV were mostly man-hungry spinsters like Eve Arden's schoolteacher in Our Miss Brooks...