Word: lynch
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...little like Macy's acquiring Tiffany's. That great department store of U.S. finance, Manhattan's Merrill Lynch, Pierce, Fenner & Smith, last week took over the leading dealer in the highly sophisticated and eminently profitable market for Government securities, Wall Street's C. J. Devine & Co. The world's largest brokerage house thus got a solid hold on the only important part of the finance business in which it had not been represented. Says one Merrill Lynch vice president: "We knew nothing about the Government bond business...
Access to Power. Wall Street's grapevine brought word of their search to the tenth-floor corner office of Merrill Lynch's chairman, Michael W. McCarthy. He and Merrill Lynch's directors made a unique proposal to Devine's partners: Why not buy up a large chunk of Merrill Lynch's undistributed stock and join the company? After a fortnight of secret negotiations, the two houses agreed on Wall Street's biggest deal this year. Thirteen of the Devine partners anted up $8,000,000 and were taken into Merrill Lynch as a division...
Three other Harvard record-holders will join Coasdale on the 1965 squad. They are sophomore Chris Pardee, who has high-jumped 6' 9", junior John Bakkensen, who has twirled the discus 177' 6 1/2", and sophomore Tony Lynch who has been clocked at 0:52.4 in the 440-yard intermediate hurdles...
Ripley defeated teammate Chum Steele, the Crimson's number four player 7-5, 6-2 in the singles final. Steele had eliminated Yale's top player, Dennis Lynch, to reach the finals...
Allen beat Lynch in the 440-intermediates last month, but the Crimson sophomore has improved since then and now rates the second choice in the event behind Penn's Ken Reynard. A big boost for the Crimson will come if rejuvenated senior Jack Spitzberg can rack up some hurdle points...