Word: corp
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Dates: during 1960-1969
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...last to die was the frail, fire-tortured Stephen Baltz. After more than 24 hours of half-life, of fighting to smile for his father, the boy closed his eyes and, said a doctor, "went to sleep." His father William, an Admiral Corp. vice president who had flown in from Chicago, told newsmen: "Stevie tried awfully hard because my son was such a wonderful boy -not because he was my son but because he was Stevie." Softly, he added: "We thought he would have been a tremendous and outstanding man, but we were not privileged to see him grow into...
...evangelist of the auto industry, President George Romney of American Motors Corp., announced last week that he was "lighting the candle" for his second crusade. (His first: the compact car.) The new crusade, he declared at a New York press conference, is a "progress-sharing plan to aid the neglected consumer." As of Dec. 1 through March, customers who buy American Motors cars will get rebates of U.S. Savings Bonds if sales increase enough over the year-ago levels...
...plants have directly created 10,000 new jobs, indirectly another 10,000. Nearly one-quarter of the plants belong to West German firms, which, faced with a labor shortage at home, have turned to Ireland for a bountiful supply of workers. Besides Borden, twelve other U.S. firms, including Brunswick Corp., Standard Pressed Steel (electronic components) and Hallmark, have set up plants in Ireland. Nearly all the products from Irish plants are admitted duty-free to Great Britain, receive preferential treatment from Commonwealth nations...
FIRST-ROUND VICTORY in the proxy war for control of the Alleghany Corp., the holding company that controls the New York Central and Investors Diversified Services, went to Murchison interests. Court ordered Alleghany Chairman Allan Kirby (TIME, Dec. 12) to turn over list of stockholders to Brothers Clint Jr. and John Murchison to solicit support for taking over the company...
...word rolled out like a dirge in a Philadelphia court last week as lawyer after lawyer rose to voice the history-making plea for his clients. They were 19 major electrical manufacturers, including General Electric Co. and Westinghouse Electric Corp., charged by the Government with conspiring to rig bids and fix prices in the sale of $7 billion in electrical equipment (TIME, Dec. 5). In the largest criminal case in the history of the antitrust laws, most of the companies were allowed to plead nolo contendere (no contest) in certain cases, provided they pleaded guilty in seven major cases...