Word: buying
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Dates: during 1950-1959
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...buy arms, the rebels had money to spare. Collections in the U.S. came to $25,000 a month. Rich Havana sympathizers donated as much as $50,000 each, and the dues from the Havana underground yielded another $25,000 monthly. Contributions and nonredeemable "bond issues" in Venezuela raised $200.000. Companies operating in eastern Cuba began paying "taxes" to the rebels. As a hedge against the future. Sugar Baron Julio Lobo, one of Cuba's richest men, kicked...
...careful and exultant note of the picture the U.S. press presented. "A Warm Wind from Moscow," paeaned the Moscow Literary Gazette,*quoting Mikoyan's "peace-loving utterances" and noting "the passionate desire of the Americans to be rid of the exasperating cold war." The U.S. press did not buy Salesman Mikoyan's wares, but in the name of objectivity it made them look pretty good...
...West Germany's Alfried Krupp (TIME Cover, Aug. 19, 1957) of his pledge to the Allies to sell the coal and steel companies in his industrial empire. Last week, instead of selling, Alfried Krupp got permission from the High Authority of the European Coal and Steel Community to buy another steelmaker. The firm: Bochumer Verein, Germany's biggest producer of special steel. The purchase would give Krupp the biggest steelmaking capacity (4,000,000 tons) in Europe...
...designed to break up the huge combine that supplied Hitler with much of his arms. Krupp won extensions from the original March 1958 deadline by pleading he could not find a buyer for the Rheinhausen works, center of his coal and steel holdings. Permission for Rheinhausen to buy the new company made it almost certain that Krupp will not have to keep his promise to dispose of his coal and steel holdings this year. Said a Krupp spokesman: "The promise was given under compulsion...
...Ambassador to the Court of St. James's and controlling owner of the New York Herald Tribune, for $12 million, and by disposing of several other properties, Field raised the $18 million cash that Jack Knight asked for his 75% controlling interest in the News. Ultimately the buy will cost Field another $6,000,000. as minority stockholders, with some 120.000 shares, respond to his offer to buy them out at $50 a share-5 points over the market price. For this he gets an afternoon circulation of 547,796 and a paper which under Knight has turned...