Word: levitts
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Directed by GORDON DAVIDSON Screenplay by DANIEL BERRIGAN and SAUL LEVITT...
...other things operate the hot line between Washington and Moscow, manufacture telephones in Australia, Brazil and Norway, and run the Hamilton mutual funds in the U.S. A consumer who became annoyed with ITT would have a difficult time boycotting it: he could not rent an Avis car, buy a Levitt house, sleep in a Sheraton hotel, park in an APCOA garage, use Scott's fertilizer or seed, eat Wonder Bread or Morton frozen foods. He would have to turn his eyes away from the advertising posters on commuter trains and buses (ITT owns TDI, the company that rents space...
Since the mid-1960s, clusters of split-level houses have risen around Paris, looking much like suburban U.S. housing developments. Many have been built by two U.S. companies, Levitt & Sons and Kaufman & Broad. Now an heir of a famous French family is imitating the Levittown builders with great success. He is Maxime Breguet, 29, son of the founder of Breguet Aviation, which built, among many other planes, the Breguet 14 flown by the Lafayette escadrille in World...
...revelation about the now famous antitrust compromise that allowed it to hold on to Hartford Fire Insurance in return for selling all or part of six other companies. In fact, the Wall Street Journal revealed last week that ITT will not have to sell all of ITT Levitt & Sons. Several weeks after Justice Department officials outlined the terms of the antitrust compromise to the conglomerate's officers, ITT was allowed to buy one of Levitt's fast-growing subsidiaries. The transaction was not reported in any of ITT's financial documents; nor was it publicly reported...
...former Levitt operation, now renamed ITT Community Development Corp., is the builder of Palm Coast, a planned community on Florida's east coast that is optimistically scheduled to have a population of 750,000 by 1984. Justice Department officials contend that the transfer was proper because ITT subsidiaries had put together the land and arranged financing for the project. It was only after Levitt & Sons was bought by ITT in 1967, they say, that Palm Coast became a Levitt operation. Even so, the disclosure that ITT still owns the project means that the complex divestiture agreement it reached with...