Word: buying
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Dates: during 1960-1969
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Louis franchise (one prospective pur chaser: Stan Musial) will also have to buy the arena, at Jim Norris' price...
...nightclub (Billy Rose's Diamond Horseshoe). He ran the Aquacade at the 1939-40 World's Fair. He became a syndicated columnist, peddling a unique amalgam of show-biz snappy sayings and schmalz. He collected art the way other people collect neckties-he once tried to buy the Metropolitan Museum of Art's Rodin collection-and he gorged on the stock market as if it were so much bagels...
...collapsible steering column that will help protect drivers from be ing impaled in a collision, and inde pendent front and rear brakes, each capable of stopping the car if the other fails. American Motors, which already provides dual brakes as a standard item, plans to buy the collapsible columns from G.M. and install them in all its 1967 cars. Ford and Chrysler will carry their own versions of the column in their 1967 models...
...Collier as a consultant in 1957, next moved into another basic-education marketing area: home study. For $3,194,000 he bought a 96% share of the LaSalle Extension University of Chicago, a correspondence school, expanded its courses, and more than quadrupled sales by 1965. He went on to buy the Free Press of Glencoe, Inc., 111., and Science Materials, Inc.; he also invested in Famous Artists Schools of Westport, Esquire Inc., and in the book-publishing firm of Grosset & Dunlap. In 1962, for less than $1,000,000, he bought Brentano's, the 16-store chain of bookstores...
...controlling interest in South Bend's long-troubled auto and appliance company. Being used was a method that company collectors have come to prefer to the old-fashioned proxy fight. Called the tender offer, the technique involves a public bid by an individual, group or company to buy a specified number of shares of another company's stock at a specified price, which is set high enough to woo sellers. It is quicker, harder to block, and often much cheaper than trying to oust the management of a company by soliciting proxies from shareholders...