Word: emmanuele
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Editors from Radcliffe, Simmons, Boston University, M. I. T., Northeastern, and Harvard committed their papers to the activities of the group, while Boston College will also cooperate. Wellesley and Tufts will send representatives to the next meeting of the association, and several smaller colleges such as Emmanuel and Regis may do the same...
...Wall Street's Victor Emmanuel...
...last week none of these was so pleased as stocky, razor-brained Victor Emmanuel, 42, president of Aviation Corp. which owns 71% of Vultee common stock. The many subsidiaries of Emmanuel's AVCO already make aircraft engines and propellers; it has big investment in New York Shipbuilding, American Airlines, Pan American Airways; soon AVCO will control Consolidated as well. So that little
Vultee could swing the deal, Emmanuel promised that 1) AVCO would buy an additional 150,000 shares of Vultee for $1,500,000, 2) his own Emmanuel & Co. (investment bankers) would help sell $6,000,000 in new Vultee preferred stock. The other $3,445,000 will come from Vultee's till...
...Emmanuel cannot let the AVCO-Vultee-Consolidated setup remain so complicated forever. He plans a full merger of the two planemakers, but it may take months. The result would be a huge concern flexible enough to make anything from flivver planes to transoceanic skyliners, strong and ramified enough not to fear terrific post-war competition. Emmanuel bids fair to become the biggest single figure in U.S. aviation...