Word: cos
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...Geneen's success in playing the merger game. In all, the skipper of the Genie IV has reeled in 44 companies, ranging across fields as diverse as auto rentals, mutual-fund management and airport parking. The biggest catch of all-ITT's proposed merger with American Broadcasting Cos.-has so far eluded...
...swallowed up 44 smaller firms; they stretch across such diverse fields as auto rental (Avis), mutual-fund management (Hamilton), consumer finance (Aetna), book publishing (Bobbs-Merrill) and even airport parking. Though blocked so far by Justice Department antitrust litigation in his most ambitious effort-to acquire American Broadcasting Cos. -Geneen is still stalking new corporate game...
...Cos Cob, Conn...
Presiding over the merger marriage of the International Telephone & Telegraph Corp. and the American Broadcasting Cos. into a $2 billion corporation, the Federal Communications Commission approved the union seven weeks ago and allowed a formal exchange of stock. But one day before the merger was effective, the Justice Department behaved like a guest who rises to stop a wedding ceremony when the minister asks for final objections. Justice's antitrust lawyers demanded a postponement and reconsideration of the move because of the possibility of "competitive dangers." Last week, after more hot debate, the commission...
...idea which wasn't completely natural to your thinking, the draft boards would probably notice an inconsistency and your claim would be jeopardized." Draft counselors ask the disturbing questions which draft boards are liable to ask. Indeed, the AFSC has held mock draft board hearings to prepare COs' for the type of cross-examination which they can expect...