Word: merger
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Dates: during 1950-1959
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...MERGER will give Gulf Oil Corp., second U.S. international oil producer (first: Jersey Standard), control of Tulsa's Warren Petroleum Corp., one of the biggest U.S. producers and marketers of natural-gas products (total assets: $141.5 million). Warren stockholders will get eight shares of Gulf for ten Warren shares...
CALIFORNIA BANK MERGER combining San Francisco's venerable Crocker First National and Anglo California National banks will give the pair total deposits of $1.28 billion. Crocker-Anglo will be California's fourth biggest (after Bank of America, Security-First National and American Trust...
...would be quite unrealistic to bring about the unification of Germany through a mechanical merger . . . at the expense of the social achievements of the working people of the German democratic republic."-We are not going to expose the East German Communists to the embarrass ment of free elections. We know they would lose...
...AIRLINE MERGER between Eastern and Colonial Airlines is finally set to go through. After blocking the move because Eastern put the cart before the horse by acquiring control of Colonial before getting CAB permission, a Board examiner has ruled that Eastern no longer controls Colonial, recommends that the two lines be allowed to merge...
...CARPET MERGER being arranged between Mohawk Carpet Mills and Alexander Smith will result in the biggest U.S. carpet firm, topping both Bigelow-Sanford and James Lees. To cut costs and boost sagging sales, the two companies will form Masco Industries on a stock exchange of four shares of Masco for each share of Mohawk, one share of Alexander Smith for each share of Masco. Combined sales: $94 million v. $68 million for Bigelow-Sanford, $62 million for James Lees...