Word: block
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Dates: during 1950-1959
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...member of an old Russian Bolshevik family (purged by Stalin), live quietly in a tiny apartment in the Warsaw suburb of Praga, have no social life. A 26-year-old son, an engineer, lives in the same house. Gomulka's sole recreation: walking his dog around the block...
HOWARD HUGHES has been buying up 20th Century-Fox stock, reportedly owns biggest individual block of stock, 300,000 out of 2,644,486 outstanding. Wall Street speculated that he may be trying to get control of the company since his investment is now bigger than the holdings of the next biggest stockholders, former Fox Production Head Darryl Zanuck (about 130,000 shares), Textileman Lester Martin (about 70,000), Fox President Spyros P. Skouras (about...
Merger Series. Under the law, before any stock can be sold in the U.S., the sellers must first file with SEC a prospectus disclosing the full facts; thus SEC has a chance to disapprove the registration and block the stock sale. Great Sweet Grass President Samuel Ciglen (who resigned after the hearings were scheduled) and his associates, according to testimony, had apparently taken advantage of a loophole in the law to sell stock. No registration-and no disclosure-is required if stock is issued solely to complete a merger. Thus, according to SEC, Ciglen and his friends had organized...
Even admirers of Lott were distressed about his endorsement of the newly founded November Front, with its obscure aims and oddly mixed membership, including career army officers, opportunistic politicos, labor leaders, left-leaners and outright Communists. The front's avowed purpose is to block any attempt by opponents of the Kubitschek administration to overthrow the government. But Kubitschek & Co., far from rejoicing in the front's support, regard it with a wary...
...were rising to a new crescendo. In the first 230,000-acre sale four weeks ago, 23 oil companies paid $27.5 million for leases, plus a 12½% royalty on every barrel of oil produced. A fortnight ago the Navajos got $3.2 million for a second 82,200-acre block of land. Last week a third and final 158,505 acres went on sale, brought $2.9 million and pushed the total Navajo take to $33.6 million...