Word: eppley
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Dates: during 1950-1959
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...brick Fontenelle Hotel last week, the nation's No. 2 hotel chain concluded the second biggest deal in U.S. hotel history. Using a dime-store pen, Sheraton Corp.'s President Ernest Henderson and Vice President Robert L. Moore signed an agreement to buy the 22-hotel Eppley chain, largest and oldest personally owned hotel group in the U.S. Its 22 properties in six states range from Pittsburgh's 1,500-room William Penn to the 123-room Tallcorn in Marshalltown, Iowa. Price: $30 million. (In the biggest deal, Conrad Hilton paid $78 million for the Statler chain...
Last week's deal was eight years in the making. Bachelor Eugene C. Eppley, 72, a big stockholder in both Hilton and Sheraton chains, had long been anxious to retire. Sheraton's purchase, said Henderson, will "substantially narrow the gap" between his chain and Hilton's. With new hotels abuilding in Philadelphia and Dallas, the Sheraton empire now boasts 54 hotels, 25 more than the Hilton chain, although Hilton has 1,700 more rooms and grosses some $40 million more a year. All the Eppley hotels are in new territory for Sheraton, and all but three were...
Married. Constance Russell Winant 53, wealthy widow of John G. Winant onetime ambassador to the Court of St. James's, and breeder of blue-blooded show terriers; and retired Navy Captain Marion Eppley, 69, wartime staff officer with Fleet Admiral Chester Nimitz and president of the Eppley Laboratory (precision measuring instruments) in Newport, R.I.; both for the second time (his first: the late Ethelberta Russell Eppley, sister of the bride); in Manhattan...