Word: merger
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Dates: during 1950-1959
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This division of function--or "merger" at it is sometimes referred to--has developed exceedingly well, with the two groups cooperating with usual felicity...
...hands last week in an obscure place on India's southeast coast called Pondicherry. One of four small enclaves (see map) which are all that remain of the once substantial French empire in India, Pondicherry (pop. 222,000) vibrated with the crises of anti-French demonstrators shouting for merger with India...
...MERGER between Massachusetts' Regal Shoe Co. (109 retail stores) and St. Louis' Brown Shoe Co. (TIME, June 1), which had been held up by the competing General Shoe Corp., will finally come off. Until recently, both Brown and General Shoe, two of the biggest U.S. shoemakers, held enough Regal stock to prevent either one from merging with the retail chain. But now Brown has made a deal with General that gives Brown 83% of the stock...
...merger will not change the Post's editorial policies or its basic format. While it has taken on some Times-Herald features, including a weekly column by Maryland McCormick, the colonel's wife (TIME, March 8), it has already dropped from the new combined paper such features as Columnist Westbrook Pegler and sensational, slapdash Labor Columnist Victor Riesel. Graham expects relatively clear sailing ahead. Said he: "(Buying the TH) was the culmination of Eugene Meyer's effort for the Post for over 20 years...
AMERICAN Woolen Co. will ask its stockholders to approve a merger with Bachmann Uxbridge Worsted Corp. As a combined operation, troubled American Woolen (1953 sales, $73,494,160; net loss, $9,476,981) and Bachmann Uxbridge (1953 sales, $52,609,000; profit, $272,000) would be by far the biggest woolen manufacturer in the country. Textron, Inc., which wants American Woolen to merge with it, and claims to own almost 4% of American Woolen's stock, plans to fight the merger...