Word: merger
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Dates: during 1920-1929
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...TIME, Aug. 26). The hands into which they passed were those of George Kenan Morrow and his brother Frederick. Since the Morrows were known to be interested in a number of food products, Wall Street began to talk of a new food products combination, perhaps rivaling the recent Morgan merger (Standard Brands). Last week, confirming that guess, four companies ? Toddy Corp. (chocolate malted milk), Edward H. Jacob (canned mushrooms), Kitchen Bouquet (liquid flavoring extracts), Fould Milling (macaroni) ? united in Grocery Store Products Inc., and the name of George Kenan Morrow again figured prominently on the board of directors...
...foundation of this large bank chain is not to be confused with the type of bank merger which goes on in large cities. In the typical example of the latter, a large bank buys up one or more small banks, absorbs them in its corporate structure. The offices of the absorbed banks become branches of one central bank. The operation of such a merged unit is called branch banking. The Twin City organism will practice not branch but chain banking. These two types of banking are not only quite distinct, they are considered by some to be opposed, and there...
...which is just getting its wing-hold commercially. U. S. postal inspectors swooped into its Manhattan offices, ordered officers and employes to bring their account books to a Federal grand jury for study. Other inspectors did the same at Coastal Airways office, because of that line's pending merger with Airvia. Still other inspectors visited Hadley & Co., investment security sellers. Federal warrants were issued for the arrest of one Austin Howard Montgomery (alias Arthur Montgomery, alias Monte Griffo, onetime convict) and Gerald Tiffany (alias Harry Taylor). Trans-Atlantic Flyers Roger Quincy Williams and Lewis A. Yancey brought about...
...symbolic method" which gave General Electric decisive advantage over competitors. No inventor he, the Steinmetz theoretical work found fruition in three thick red volumes, Alternating Current. His popular book is America and the New Epoch, showing why he was pro-German in the War, also how the merger of small companies into a trust was a step toward Socialism. After indulging in Socialist politics, a Western lecture tour, a denial as scientist, of immortality and God's existence, Steinmetz died...
...event that started the dream was a great communications merger in England, the formation of Cables & Wireless Ltd., the stock of which was traded in for the first time last month. Into that merger the British poured four great cable systems (including one government-owned), the government beam wireless system and the great British Marconi Co. The merger has a huge liquid capital. It owns cable and wireless systems which girdle the globe...