Word: ladenburg
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Dates: during 1940-1949
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Outlanders In. Formed by New York's Ladenburg Thalmann & Co., and Lazard Frères & Co. (Phelps Dodge's Louis Gates, and David Rockefeller, youngest son of John D. Rockefeller Jr., came in later), American Anglo had an option to buy a one-third interest in any projects launched by able Bob Hersov. The Americans had put up $5,000,000, had agreed to ante up more as the need arose...
Last week Wall Street's Ladenburg, Thalmann & Co. and Lazard Freres & Co. announced the formation of the American Anglo-Transvaal Corp., a privately-financed company to promote mining and industry in South Africa. (No stock in the new company will be offered to the public for the time being.) The London firms of Lazard Brothers & Co. and J. Henry Schroder were invited to share in the original $9 million subscription of American Anglo-Transvaal, and accepted...
...boiled over when the Little Flower said that one of Mr. Morgan's unpaid assistants, Mrs. Preston Davie, must go. Eugenie Mary Ladenburg Davie, rich, beauteous, energetic, is no ordinary woman. A onetime leader of the Landon Volunteers, active in the G.O.P., she is vice president of the American Women's Voluntary Services, Inc. Enlisting in Mr. Morgan's department as head of a wartime food-conservation program, big May Davie soon made feathers...
...present stockholders, biggest of whom is Transamerica, most of whom are small-money Westerners who admire old A. P. Among them they will absorb more than half the issue. To assure widespread distribution, nobody can buy more than $50,000 worth (without special permission). Heading the syndicate are Ladenburg, Thalmann & Co., John J. Bergen & Co., Ltd. and Cyrus Eaton's Otis & Co. of Cleveland, a widespread-distributionist from way back. Among the 80 underwriters, conspicuously few are Wall Street firms...