Word: corp
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Dates: during 1960-1969
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...Heartened by reports from the Toronto suburb of Etobicoke, where International Telemeter Corp. is trying toll television (TIME, March 14) in competition with three regular channels from Buffalo and two from Toronto, Chicago's Zenith Radio Corp., in association with RKO General, is asking the FCC for permission to make a similar test in Hartford...
...made a tidy fortune in lumber, Paepcke was the product of good Chicago private schools and more than the normal dose of private tutoring. He earned a Phi Beta Kappa key at Yale, in 1926 struck out for himself in business. By 1945, he had built up the Container Corp. of America into one of the world's most imaginative packaging concerns. But that year he also took a fateful vacation in Colorado...
...have undergone major restyling, now have distinct front fenders, higher bumpers. Russia's Moskvitch and Volga made their U.S. sales debuts, turned out to be solid, high-fendered old-fashioned cars, clearly designed to traverse well-rutted roads. The U.S.'s Amphicar Corp. introduced its German-made, snub-nosed Amphicar, which runs on land or water, sells for under $3,000. Other cars...
When Manhattan Lawyer Roy Cohn turned up as head of an investors' group that took control of the money-losing toy train company, Lionel Corp., last fall, Wall Streeters wondered how he had financed the deal. Last week a Lionel Corp. proxy statement revealed that Cohn, onetime chief counsel of the late Senator Joseph McCarthy's Subcommittee on Investigations, was no babe in the jungles of high finance...
Lightfooting it around the globe, Cohn juggled loans from U.S. and foreign moneylenders, borrowing from one to pay another. With his associates, Cohn last October borrowed $339,000 from the Mastan Corp. in Manhattan at a monthly interest rate of 1½%, and $532,000 from a Hong Kong moneylender, Commercial Investment Co., Ltd. With the help of this money, the Cohn group bought the controlling interest in Lionel. A month later Cohn borrowed $400,000 from Atlantidi, S.A., a Panamanian moneylender, used it to pay off the Mastan Corp. loan. Last month Cohn borrowed an additional $365,000 from...