Word: linkup
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...approving them. The Manufacturers Hanover move, like other mergers of the time, was cleared with three regulatory agencies, the Federal Reserve, the Comptroller of the Currency and the Federal Deposit Insurance Corp. The three agencies, following Congressional dictates set down in the bank merger act of 1960, approved any linkup in which community benefit seemed to outweigh the diminishing of competition. But in 1963, reviewing the case of a Philadelphia merger, the Supreme Court ruled that, regardless of economic benefit, a bank merger could still be a legal violation of the Clayton Antitrust...
...Atlantic carrying an unmanned Agena rocket as its payload. Astronauts Walter Schirra and Tom Stafford watched the action on TV as they waited for their own scheduled liftoff, 1 hr. 41 min. later, in Gemini 6, the capsule in which they would make the first attempt at rendezvous and linkup in space. Then, six minutes later, the Agena target vehicle mysteriously disintegrated. The whole mission was scrubbed, and from Houston to the Cape, U.S. spacemen began to search their telemetered data for some sign of what had gone wrong...
...approve its own merger. Once the Pennsy agrees to sell the stock, the way would be cleared for the Norfolk & Western-Nickel Plate merger to take its place alongside the already approved linkage of the Chesapeake & Ohio-Baltimore & Ohio roads. If the ICC then approved the Pennsy and Central linkup, the Eastern U.S. would have three superroads that would carry 90% of its traffic...
...Live Cheaper. Probably the most meaningful change is the mellowing of attitudes toward mergers, which railroaders hope may eventually save them up to $1 billion a year. In the past two years the Government has approved two major mergers-the Chesapeake & Ohio and Baltimore & Ohio linkup, as well as the tie between Atlantic Coast Line and Seaboard Air Line Railroad. The ICC is considering 20 other proposed mergers, of which six are big. The Justice Department has raised serious objection to only one, the link-up between the nation's two largest railroads, the Pennsylvania and the New York...
...Common Market companies have to grow to Common Market size." Seeking Footholds. President de Gaulle encourages French firms to join, and helped unite glassmaking Saint-Gobain with Pechiney, one of France's largest chemical companies. Because of De Gaulle's policy, many French businessmen expect the eventual linkup of the two big privately owned French automakers, Citroën and Peugeot...