Word: loeb
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Dates: during 1960-1969
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...years have risen 64% , to $630 million, gas wars and short supplies of Pure-produced crude have cut earnings to a disappointingly steady $30 million. Plenty of wooers have tried the hill but slipped on Pure's fussy terms: Atlantic Refining, Petrofina, Hercules Powder, a syndicate comprised of Loeb, Rhoades, Allied Chemical and Consolidation Coal, and a group that includes DuPont family members. Last week someone finally seemed to be reaching the hilltop. Pure's board voted to carry on merger negotiations with California's Union...
Pure found Union's proposal the most attractive of all. Union suggested an exchange of stock rather than out right purchase; the move would free Pure's 48,000 stockholders - among them, the unsuccessful Loeb, Rhoades -from paying capital-gains taxes on a sale. Unlike Atlantic, which also offered a stock swap, Union appears willing to retain Pure as a separate division with its old brand names and management...
Erwin N. Griswold, Dean of the Faculty of Law, will conduct the service. Speakers will include Paul A. Freund, Carl M. Loeb University Professor, Austin W. Scott '37, Dane Professor of Law emeritus, and John H. Mansfield '51, professor...
...vote was postponed a week to give Charles N. Ascheim '65, a leading opponent of the proposal, time to ask Robert H. Chapman, director of the Loeb, if an elected executive committee would be acceptable...
Under the proposed constitution, the five-man executive committee would choose all plays for production in the Loeb. George Hamlin, associate director of the Loeb, Chapman, and the president of the HDC would meet with the committee, but none of those three would vote...