Word: firm
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Dates: during 1970-1979
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Some business executives buy small computers for their companies and then take them home in the evening to play games, Alex Aaron of Aaron Associates, a software firm, said yesterday...
Stevens filled Mitchell's and Brown's vacated seats with a senior partner in a southern law firm and a president of a small southern college. Rogers claims the appointments are a sign of the success of the corporate campaign. Corporate leaders are increasingly reluctant to be associated with Stevens, he asserts. In fact, Rogers says the major reason Man Hanny accepted the resignations of Finley and Mitchell was not because it feared the loss of over $1 billion in labor pension funds, but rather because it feared its reputation would be tarnished if it were publicly linked with...
...will be the visible sign of what Rogers claims will be increasing pressure on Stevens Director E. Virgil Conway, who doubles as chairman and president of Seaman's Bank. Next on the campaign's hit list is Sidney Weinberg Jr., a partner of Goldman, Sachs, the investment banking firm. When and if he is forced off the Stevens board, the campaign will once again attempt to drive Finley off the boards of Sperry Rand and Borden...
...hotels. It has long been seeking a sizable U.S.beachhead. Buying one is relatively painless because the rising pound (it has climbed in value from $ 1.70 to $2.20 in the past two years) has cut the price of U.S. properties. Though Howard Johnson's management will stay on, the firm is expected to be more aggressive in marketing and expanding, notably on the tight little island where Baskin-Robbins already does a licking good business. Says Imperial Chairman Sir John Pile: "I would expect a Howard Johnson's presence in Britain before too long...
DIED. André Meyer, 81, Paris-born investment banker who dominated Wall Street's aggressive Lazard Frères & Co. for 34 years; of pneumonia; in Lausanne, Switzerland. A star at Lazard's Paris affiliate before fleeing France in 1940, Meyer became senior partner at the firm's Manhattan headquarters in 1944 and turned a cautious house into a corporate merger machine instrumental in the making of such giants as RCA and ITT. A compulsive worker, he amassed a fortune estimated at half a billion dollars, became an adviser to Presidents Kennedy and Johnson and gave millions...