Word: deale
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Dates: during 1920-1929
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...Ambassador likes France, loves to advise and help Frenchmen, has helped a great deal, often with large cash contributions to French charities and War reconstructions...
Light, power, gas and traction companies operating in 98 New York cities were affected by a business deal last week. But the people in those cities felt no throb in the even running of their utilities...
Last week the deal was closed. New York Central received $41,000,000 cash, a vast and potent sum. The others set about creating a new company to hold Mohawk Valley, New York State Railways and Empire Power...
...Gold Dust Corp. telephoned lawyers of John D. Rockefeller last week. Mr. Rockefeller and his friends owned 95,000 shares of American Linseed Co.'s preferred stock, and President Morrow wanted that preferred stock as a good beginning toward buying full control of American Linseed. Later he would deal with Laird, Bissell & Meeds (investment bankers) and others who owned American Linseed common stock...
When such mergers occur, the financing is usually the easiest part of the work. Much more difficult is whipping two sales organizations together. So difficult is this that some organizations keep original sales forces intact and separate. The Chrysler-(Dodge)-Dillon deal of last fortnight (TIME, June 11) is such a case. But with Gold Dust and American Linseed the problem is relatively simple. Both sell to the same grocers-cleansers and foods. Salesmen need add only a few loose leaves to their portfolios. But there are apt to be fewer salesmen than the two companies now separately employ...