Word: mergered
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Dates: during 1920-1929
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...does not like business details. He is primarily an engineer. Many a Sikorsky order, many a deal, has been delayed by Inventor Sikorsky's futile enthusiasm for improvement, remodeling. He is almost the last of the big independent designers to succumb to the industry's merger movement...
...this figure, even more extraordinary is Commercial National's ability to contract for such rental after only six months of business life. The bank was founded at the beginning of the present year-a year notable not for the appearance of new banks but for the disappearance (via merger) of long-established banking institutions. Since April 12, 1926, when Chase National absorbed Mechanics & Metals National, there have been 50 bank mergers in New York. In 33 of these mergers the smaller bank has completely lost its identity. Furthermore, new mergers are constantly expected, with the banking trend unquestionably toward...
...reasons why so much money is being poured into the stock market is that there are many new stocks to buy. Privately held, closed corporations are issuing stock, taking the public into partnership. Corporations that have long been publicly -owned are undertaking new financing for expansion purposes. And the merger trend-outstanding movement in current industry-continues as an important element in Industry's insatiable appetite for money. Of last week's new deals of various kinds, the following were of particular interest...
...were headed by George M. Jones, wealthy head of Toledo's Ohio Savings Bank and Trust Co. Also included was C.O. Miniger, head of Toledo's Electric Auto-Lite Co. Both Mr. Miniger and Banker Jones have long been Willys-Overland directors. The sale was accompanied by rumors of merger with Nash and Packard, though Packard has a long anti-merger tradition...
...Wright Aeronautical Co. He knew that Curtiss and Wright were famed aviation names, were also famed aviation companies. He knew also that Clement Melville Keys' Curtiss Aeroplane and Motor Co. had merged with Richard F. Hoyt's Wright Aeronautical Corp. Obvious was the conclusion that his stock represented the merger of the great air companies with the great air names...