Word: hoopman
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...plan their own tactics without consulting outside advisers. Mobil lost out to Du Pont in the contest for Conoco by coming in with a low bid. Its initial $5.1 billion offer for Marathon in October was also immediately denounced as "grossly inadequate" by the company's president, Harold Hoopman. Said a leading investment banker: "If Mobil had bid $126 a share from day one, instead of $85 a share, they would have cut out U.S. Steel from the beginning...
Marathon's executives were clearly worried that absorption by Mobil would destroy their company's identity, a fear U.S. Steel sought to allay. Said Marathon President Harold D. ("Hoop") Hoopman, 61, after the agreement was announced: "We've been assured by U.S. Steel that Marathon will remain a vigorous competitive force in the oil industry...
Under the terms of the deal, Marathon's management would be retained, and the company's headquarters would remain in Findlay (pop. 36,000), where they have been almost since Marathon was founded in 1887 by 14 local oilmen. Hoopman got a hero's welcome when his Lockheed JetStar touched down last week after the deal was concluded. Findlayites swarmed around him on the tarmac, shouting, "Hoop, Hoop, hurrah!" Said one Wall Street analyst: "People did not want big oil in their town...
...visitors were tall and rangy and able to smother any ambitious Crimson hoopman who tried to work the ball in close to the Yale basket. As a result, Harvard had to confine itself to pot shots from far out on the floor or hurried one-handers from bad angles. Harvard took 78 shots to Yale's 68 during the course of the evening but was never able to get the Blues on the run and force them into committing fouls. Four chances from the foul line were all that the Crimson had to show for the entire game, while...
...outfield the loss of Gene Lovett, Torby MacDonald and Les Pitchford (who has dropped out of school) will seriously weaken the squad. As a result hoopman Ed Buckley may be called upon to take over in the pastures when he rejoins the Stahlmen. Other potential fielders are Lee Hartstone and "Pooch" Haley...
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