Word: merger
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Dates: during 1950-1959
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Such plans only confirmed Middle East speculation that Syrian nationalists had thought up the merger in their anxiety to head off a Communist drive for control of their country, and had accepted virtual annexation by Egypt as the only way out. Said Iraq's irascible old Nuri asSaid: "You don't have union when one of the countries is erased." Nasser's terms-pow er to impose a single party and choose its leader, to extirpate other parties-were clearly designed to allow Nasser to crack down on Syrian Communists as hard...
Egypt is poverty-stricken; Syria is fairly prosperous, with a living standard higher than Egypt's, sounder currency and a more viable economy. But curiously, the initiative for merger came from Syria. The reasons lie in the tangled skeins of Syrian politics. Three weeks ago Syria's pro-Nasser nationalists became seriously alarmed at Communist gains, especially inside the Syrian army. Pro-Russian Defense Minister Khaled el Azm was talking of forming his own political party, and was given a good chance of supplanting the ailing Kuwatly as President...
Kuwatly's nationalists, who had always favored federation, suddenly realized that federation would still leave the way clear for Khaled el Azm to become President of Syria, began pressing Nasser for an outright merger. Nasser, who not only shared their misgivings but saw a chance to regain the Arab world leadership lost by his ignominious Sinai defeat at the hands of Israel, set one big condition. He demanded that the Syrians agree to dissolve all parties in the merger, and accept a single Nasserite National Union such as he has formed in Egypt. Kuwatly and other nationalists agreed...
...MISSILE MERGER will bring together Reaction Motors, Inc. and Thiokol Chemical Corp., two of industry's fastest-rising pioneers. In $7,200,000 stock exchange, Thiokol, which specializes in solid-fuel engines for Nike-Hercules, La Crosse and Lockheed X-17 missiles, will absorb Reaction, a leader in liquid-fueled engines...
Getty denied that the proposed swaps were designed to open the way for a Getty Oil-Tidewater merger, or that he intended to combine these two with Skelly Oil. Getty argues that he already controls all three, so there is no need for merger. But oilmen were still skeptical. They said that Getty has long yearned to unite the three, but only in recent years has he become powerful enough in all of them...