Word: holdout
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Dates: during 1950-1959
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...last crucial holdout was John W. ("Bet-a-Million") Gates and his American Steel & Wire Co. When Gates refused his final offer, Gary asked Morgan to come into the room. Morgan, his eyes blazing with resolution, his nose with acne rosacea, pounded a table: "I am going to leave this building in ten minutes. If by that time you have not accepted our offer, the matter will be closed." Gates scratched his head awhile, and then gave up. Gary described Morgan's reaction. " 'Now,' he said, 'let's go home.' We went...