Word: forde
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Dates: during 1940-1949
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...three weeks of televised United Nations sessions (sponsored, without commercials, by Ford Motor Co.), some adult viewers have found moments that neither Berle nor baseball could equal...
...Ford Theater (Fri. 9 p.m., CBS-TV). Kind Lady, with Fay Bainter...
Like many U.S. companies with subsidiaries overseas, Ford Motor Co. has had more than its share of headaches from its foreign holdings, less than its share of profits. A complicated corporate setup has not helped. Much of the stock of eleven European and Middle Eastern Ford companies is owned by the Ford Investment Co., Ltd. of Guernsey, in the Channel Islands, a company which in turn is owned by Ford Motor Co., Ltd. of Britain, in which the U.S. company has a 59% interest...
Thus Detroit's Ford Motor Co. has had little direct voice in running the subsidiaries on the Continent, has been unable to control their manufacturing and sales methods, has been paid no profits through the Guernsey company since it was founded...
Last week, Ford of Detroit made a deal with British Ford to buy the Guernsey holding company for $11,919,208. With control in its own hands, Ford intends to rehabilitate the overseas companies, hopes to make some profits for them and itself in the process...