Word: deal
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Dates: during 1950-1959
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...tranki rage struck Japan with typhoon force in the fall of 1956, when the U.S.'s Lederle Laboratories joined Takeda Pharmaceutical in a fifty-fifty deal to set up Lederle Ltd. as an outlet for meprobamate (best known in the U.S. by its original brand name, Miltown). But no patent claim had been filed, and the vacuum was quickly filled by Japan's highly competitive drugmakers-concentrated on a narrow street called Doshomachi in Osaka, around a shrine of Yakusoshin (an ancient god of drugs). By December, Daiichi Seiyaku was on the market with its own brand...
...learned that there was indeed a redhead in Stengle's life; he had met her through another good friend, a blonde. The redhead is a twice-married divorcee who goes under the name of Marguerite Barnes. 36. Stengle turned out to be supporting "Bonnie" Barnes with a good deal more than his arm. He paid most of the rent of her apartment in Philadelphia, helped pay for a Buick convertible, plied her with jewelry, cash and other gifts, including a grandfather clock. When she asked where all the money came from, he blandly explained that he made a princely...
...profit. Since Harris had harvested less cotton than the total that the Government estimated when it assessed the huge penalty, he is eligible for a rebate, says he will apply for one this week. Said he sadly: "It looks to me now like just about a break-even deal, with the rebate. If it had been a normal year, I would have had a nice profit...
This week it closed the third major deal of its move into U.S. oil with the purchase of the oil holdings of Floyd Odium's Atlas Corp., for about $20 million, in a cash and stock swap. This deal runs its oil reserves up to 40 million bbl., gas to 275 billion cu. ft., crude production to 10,000 bbl. a day, and refinery capacity...
Died. Bertrand H. Snell, 87, longtime (1914-38) hardshell Republican representative from upstate New York, bitter foe of the New Deal as House Minority Leader (1931-38); in Potsdam...