Word: cyrus
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Dates: during 1960-1969
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...invitation of Nikita Khrushchev, who apparently wanted an American he could be nice to, Cleveland Industrialist Cyrus Eaton, 76, recently awarded a Lenin Peace Prize, flew to Paris with his invalid wife, but got there only as K. was about to depart at Orly Airport. Eaton told K. the story of George Washington, the cherry tree and telling no lies. Later, Eaton was asked if he regarded Dwight Eisenhower as a liar in the spy plane ruckus. "No," replied Canadian-born Millionaire Eaton, "but we pulled some serious fibs. We need to return to the principles of George Washington...
...through its plan, the C. & O., which is controlled by Cyrus Eaton, Premier Khrushchev's favorite U.S. capitalist, offered to exchange one share of its common stock for each share of B. & O. preferred stock and one share of C. & O. common for each 1½ shares of B. & O. common. The new road would have the prospect of fat profits. Last year, under President Walter J. Tuohy, the C. & O. earned $45.7 million on revenues of $347.6 million, while the B. & O. earned $14.8 million. As a rich dowry, the B. & O. would bring its 42.2% stock interest...
Fool or Knave? Early last week somebody leaked the story of Strauss's maneuvering to the New York Times's Correspondent Cyrus L. Sulzberger. The infuriated Spanish press charged that Sulzberger's source was NATO Secretary-General Paul-Henri Spaak, "a Socialist and an old enemy of the Spanish regime," and that the whole thing was a Jewish-Masonic plot. With undisguised delight, Russia's Tass bayed that "the two most reactionary states in Europe" had concluded "a backstage deal ... to obstruct the relaxation of international tensions...
...CYRUS EATON STOCK DEAL to consolidate Eaton's Portsmouth Corp., an investment company, with Detroit Steel Corp. (No. 15 in U.S.) is being negotiated. If stockholders and SEC approve deal, Eaton, 76 (TIME, Jan. 19, 1959), will become chairman of Detroit Steel...