Word: itt
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Dates: during 1960-1969
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...hitting the European capital market through a Luxembourg holding company came into vogue among U.S. companies. Mobil Oil, the first to be enticed, organized Mobil Oil Holdings, S.A., and in June 1965 floated a $28 million bond issue to finance foreign operations. Uniroyal, Bankers Trust, Du Pont, Alcoa, Honeywell, ITT, and Standard Oil (Indiana), among others, followed Mobil's lead...
...plans to return. Among these are Goodyear Tire & Rubber Co. and Lever Bros. Others, enticed by a four-year tax holiday and easy repatriation of profits, are showing interest. The Freeport Sulphur Co. is prospecting for copper and stands ready to invest $75 million if sufficient ore is found. ITT has signed a $6,000,000 contract to build a satellite relay station near Djakarta...
...each of 5,500,000 Sheraton shares outstanding. Making the $193 million bid was Harold S. Geneen (TIME cover, Sept. 8), chairman-president of the vast conglomerate International Telephone & Telegraph Corp. Sheraton and its 129 U.S. hotels and motels, together with 25 overseas, should fit nicely into ITT's "consumer services" group, which already includes Avis, Airport Parking Co. and 16 Holiday Inn franchises. For the time being, at least, Geneen will let Henderson and Boonisar run his 45th acquisition...
...firsthand idea of how booming was his new business; at 1 a.m., with the suite's beds spoken for, not a hotel room was to be had in Boston. "To hell with it," snapped the new innkeeper, who then flew back to his New York apartment aboard an ITT Gulfstream...
...sized nation. Among the top ones to whom Boyden points: Presidents Virgil Boyd of Chrysler, Arthur Larkin Jr. of General Foods, Stuart Silloway of Investors Diversified Services, John L. Gushman of Anchor Hocking Glass; Chairman A. King McCord of Westinghouse Air Brake; Presidents and Chairmen Harold S. Geneen of ITT, Robert O. Fickes of Philco-Ford...