Word: cashing
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Dates: during 1940-1949
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Robert A. Levine '50 was standing in front of the cage waiting to cash a check when he was distracted by the smoke bomb. "By the time I turned around, all I could see was the back of the man running down the book aisle," Levine said...
...armored truck delivered the cash shortly before 11 o'clock, and as soon as the messengers left the premises, the holdup men swung into action...
...stockholder of Mission, Skelly brought two federal court suits to block the merger. He charged that Getty and other Pacific Western stockholders would get $93 million in cash for their stock (Getty's share: $79 million) while Mission stockholders would only get Sunray common stock, six shares for one of Mission. Sunray stock, said Skelly, would be of "questionable value" when the merger put $125 million of debts and senior securities ahead of the common stock. Getty's reply was that, measured by current market prices of the two stocks, Mission stockholders would get far more...
Split-Up. Common stockholders of Bethlehem Steel Corp. voted to split their 5,000,000 shares 3 for 1. But Chairman Eugene G. Grace dispelled any hopes of a special cash dividend out of Beth Steel's high earnings: they were being salted away, he said, to "maintain a sound financial structure" and to meet maintenance charges of $90,000,000 a year...
...remain a telephone king very long; he is well aware that such companies are easy targets for expropriation. But the deal helped him get part of his fortune out of Sweden. After he had done that, he could sell his holdings in the merged company, and use the cash to expand his less vulnerable Mexican ventures...