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...Chip...

Author: By Julia T. Reed, | Title: GSAS Changes Fellowships Policy | 3/10/1971 | See Source »

...paper's employees offered to buy the stock at $35 a share, and Scripps was willing. But four minority stockholders sued to prevent the sale, claiming the price was too low. Then Scripps announced last month an impending sale to the Blue Chip Stamps Co. of California. That move stimulated a bid of $40 a share from American Financial Corp., a Cincinnati-based holding company. Delighted at the prospect of turning over the paper to a local company, Scripps switched signals and said it would sell to American Financial...

Author: /time Magazine | Title: The Press: Sale (?) in Cincinnati | 3/8/1971 | See Source »

...deference to the clout Bevan and Hodge wielded at Penn Central, a major customer of Chemical, the bank loaned Penphil more than $1.8 million over seven years. Until last June, the investment group paid the prime interest rate, which is generally reserved for the most credit-worthy blue-chip companies. Nor was Penphil required to leave a compensating balance-usually 20% of the loan- practice that is normal for almost all corporate borrowers. Charged the report: "Stock purchased with the Penphil loans was used as collateral to secure the loans themselves...

Author: /time Magazine | Title: RAILROADS: Gravy Train | 2/22/1971 | See Source »

...only one of the Harvard persons in the campaign hierarchy. Arrold Waters '71 is the head fund raiser, while Alan Gerlach '71 is chief statistician. "Gerlach's one of the few persons I wouldn't challenge to a political nonsense contest," DiCara said Monday, extending a rare compliment. Chip Moore '72 will also have a big role this summer. Cindy Johnston, who will do a poll for DiCara, is a Wellesley student. But DiCara claims to have less aristocratic types working at the important grassroots level...

Author: By Bennett H. Beach, | Title: The Larry DiCara Story Or "How to Become Mayor of Boston" | 2/20/1971 | See Source »

While the New York Stock Exchange was whirling toward a record volume last week, an equally hectic scene of wheeling and dealing was going on at a Manhattan hotel. There, representatives from the 26 teams of the National Football League were bidding for blue-chip college players in an annual conflict known as the professional-football draft. Once a relatively simple affair, the draft has become an increasingly complex struggle involving months of research, computer readouts, secret deals and more triple reverses than are ever seen on the gridiron...

Author: /time Magazine | Title: Sport: Battle for the Bodies | 2/8/1971 | See Source »

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