Word: jonesism
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Dates: during 1970-1979
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Forced to choose, James J. Ling decided last week that he would rather be in the steel business than in airlines and cable manufacturing. At the same time that he reported a 90% plunge in last year's operating profits of Ling-Temco-Vought, his once high-flying conglomerate...
Finding a Buyer. Acquisitive LTV has expanded since 1957 from an obscure electrical contractor into a $3.75 billion-a-year corporation. Its takeover of Jones & Laughlin in 1968 was the largest conglomerate merger in history. After paying a very rich $85 a share -or a total $425 million for control...
The audience seemed to reward eloquence in most of its ovations, applauding both Jones and Loss with enthusiasm.
The report from Cappy Jones's sports information office was bubbling "Yale's hockey team enters the 1969-70 season with two definite goals in mind and in reach." it said. "A winning campaign and a spot in the eight-team ECAC Division 1 post-season playoffs."
But despite the Bulldog's miseries this season, neither Jones' office nor the Yale Daily News has yet despaired of the glowing promise that the Elis showed just one year ago when they shocked Harvard; 5-4. in overtime at New Haven. And not surprisingly, both news agencies feel that...