Word: kendalle
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"Think Young" urged the Pepsi-Cola ad-and Herman W. Lay began thinking. Not about downing a soft drink but about acceding to a hard-to-resist proposal from Pepsi (estimated 1964 sales: $240 million) to merge with his Frito-Lay, Inc., which last year sold $184 million worth of...
Last week the two companies that have fattened on the American craving for fizz and chips decided to nibble on that $4.5 billion market together. Unless stockholders or the Justice Department disapprove, Pepsi will swap $213 million worth of its shares for all of Frito-Lay. Herman Lay will be...
Cambridge businesses suffered another defeat Thursday in their fight to prevent the City from acquiring land in Kendall Square under urban renewal laws for the National Aeronautics and Space Administration's $61 million electronics laboratory.
The businessmen now face two legal alternatives, according to John J. Brennan Jr., the group's leader. They can either refile their suit in the Massachusetts courts once the Kendall Square renewal project has been officially approved, or they can immediately enter a suit in the federal courts. "Right now...
Tentative plans call for picketing along Federal St. in front of the main offices of the Kendall Corporation and United Shoe Machinery, firms which trade with South Africa. The First National Bank, target of the sit-in, recently financed a floating loan to the South Africa government.