Word: merger
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Dates: during 1930-1939
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Heir Martin proved a good advertising salesman but very small shakes as a publisher. In five years he has lost-one by sale, one by merger, one by forfeit- three of the papers into which millions of Curtis magazine profits were poured. Last week it appeared that Publisher Martin might soon lose his last one, the evening Public Ledger...
Midland's brine deposits have brought stockholders dividends as regularly as Epsom salt brings relief. Last year (ending May 31, 1938) the company netted $3,895,269, approximate average for 1934-38. Never before in a merger, Dow has a good reason for this one: it wants a West Coast branch,* and Great Western offers that as well as exclusive rights to cheap processes of making chloroform, carbon tetrachloride, hexachloroethane...
...stock, President Dow dangled an attractive proposition before Great Western's stockholders. For each preferred share they hold, they will get three-sixteenths of a share of Dow common; for each common share (whose price zoomed from $60 to $132 on news of the merger), one share of Dow common (about $134). The merger will make Great Western a Dow division with Jacob Hagens its manager...
...strain of thoroughbred seed corn, sold through the corn belt by Pioneer Hi-Bred Corn Co. in which Wallace is now a small stockholder. He holds no stock in Wallace's Farmer which after an expensive 1929 merger with its competitor, Iowa Homestead, passed out of the family's hands...
...Missionary Society, spending some $1,500,000 a year on 5,500 missionaries, Bible women and other workers in 17 lands, is the largest U. S. organization of its kind. Last week, not without some pangs and misgivings, it faced the prospect of losing its identity-in the impending merger of the three main branches of U. S. Methodism...