Word: mergered
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Dates: during 1920-1929
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Industrial dreamers have long enjoyed slumber-visions of a great foodstuff merger. Industrial doers have long pondered specific methods of making such dreams come true. Last week came rumors that the House of Morgan was planning a gigantic food manufacturer's consolidation. Nucleus of this merger was to be Fleischmann Co., of which the Morgan company purchased a large minority interest (400,000 to 500,000 shares) in 1926. Inspiration for working out the merger was provided by the unique Fleischmann daily delivery system. Constituents in the merged company were rumored as Postum, Gold Dust, Corn Products, Campbell Soup...
...concession was reported as won after prolonged struggles with "British interests." Chief such British interest is the British Radio-Cable merger, which owns the Marconi radio system and the most extensive cable system in the world. But with some 1,000,000 out of 1,500,000 South American telephones in U. S. control, and with the newest Behn victory in Peru and Colombia, it would appear that South American communications travel on the Eagle's wings rather than with the Lion's roar...
...quite possible that the conference this summer will result in a merger of the Albanian school with the new University of Albania, being established this year under the direction of Dr. E. J. Erwin of the University of Rome...
Perhaps hardest hit by the merger, however, was the German motor car industry which, with its largest unit (Opel) already a General Motors affiliate, and with one of its most menacing invaders (Ford) now backed by the resources of Germany's largest company, appeared more than ever unable to hold its own against U. S. competition. One outstanding difference between the General Motors-Opel and the Ford-I. G. F. arrangements was that General Motors bought into Opel, whereas I. G. F. bought into Ford. To discuss these international operations in warlike terms, the Ford-I. G. F. purchase...
Kolster Radio Corp. was formed in 1926* as a merger of several wireless companies. It supplies the radio portion of Columbia radio-phonographs. From it the Mackay (Postal Telegraph) companies buy all their communication equipment, and it supplies a minimum of one-third of the wired radio apparatus used by wired Radio, Inc., a subsidiary of North American Co. (utility serving 932 cities with population of 6,250,000). With these potent customers, and also with an excellent Kolster radio set, it is likely that Kolster's 1929 earnings will exceed the 20? per share figure reported...