Word: kaiser
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...them are great-great-great-grandchildren of King Christian IX of Denmark, and four of them are his great-great-grandchildren as well. Every one could have called Kaiser Wilhelm or Czar Nicholas cousin, but more than one started life as miss or mister. Any good monarchist or earnest Anglophile could identify the lot as the youth and flower of Britain's royal family, assembled for a rare group photograph over the holidays at Windsor. From the left: James, Sarah, George, Helen, Charles, David, Andrew, Marina, Anne, Edward...
...Heritage Golf Classic at Hilton Head, S.C. The course was designed by Architect Pete Dye in constant consultation with Nicklaus, who, at 29, has been playing some of the best golf of his career. In three outings on the tour this fall, he won the Sahara Invitational and the Kaiser International tournament and finished second in the Hawaiian Open. He figured to be unbeatable on his own layout...
...sale, which must be approved by both companies' boards and by AMC's shareholders, immediately raised the question of who was swallowing whom. American will pay about $86 million in cash, notes and stock for Kaiser Jeep Corp. The deal will make Kaiser Industries the largest single shareholder in AMC, with 22% ownership and two seats on the 14-man board. But there was no evidence that Kaiser intends to add the auto company to its empire of steel, cement, aluminum and chemical companies (total assets: $624 million). The suspicion in Detroit was that two old friends, Edgar...
...seven years; they finally agreed when the price was right. The two companies are partners in a new auto plant in Iran; they are also affiliated in Argentina, where AMC uses Jeep engines, and in Mexico, where Jeep buys its engines from American. American will take over Kaiser's auto plants in 34 countries, acquire a new line for its 2,400 dealers at home, and likely gain much-needed recruits among Jeep's 1,600 dealers, some of whom will switch to AMC. American also inherits Jeep's substantial Government business, which amounted...
...costs by $20 million annually to cut the breakeven point from 343,000 to 250,000 cars a year, and last year turned a profit of $3,300,000 on sales of 260,000 cars. Chapin and Luneburg expect to reach $4,000,000 this year. The acquisition of Kaiser Jeep also makes American Motors a billion-dollar corporation once again, a status it has not enjoyed since...