Word: mergered
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Dates: during 1920-1929
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Into the eastern railroad situation of the U. S. were injected two large new merger plans last week, carrying promise of consolidation and settlement, carrying also prospect of confusion and conflict...
...Baltimore & Ohio R. R. suggested a merger that would more than double its mileage and valuation. The Chesapeake & Ohio R. R. offered a plan that would link the somewhat scattered Van Sweringen holdings into a unified and expanded trunk system...
...York Central R. R. was rumored to have a merger in process of preparation; the Pennsylvania R. R. offered no plan but glowered at the other three. Details of the suggested mergers presented the reader with a somewhat forbidding assembly of names connected with "&'s," and listed such roads as the 45-mile Montour and the 13-mile Pittsburgh, Chartiers & Youghiogheny. The multiplicity of the branches obscured a clear view of their trunks...
...Bowman-Biltmore hotel system is Manhattan's Biltmore. Pride of the United Hotels Chain is Manhattan's Roosevelt. Soon Biltmore and Roosevelt, already next-door neighbors, may be financial as well as topographical companions. For last week, widely, convincingly rumored, was a Bowman-Biltmore-United Hotel merger that would create a $50,000,000 hotel chain with more than 100 units, with over 20,000 rooms...
Last week came announcement of the long-rumored merger of Guaranty Trust and National Bank of Commerce (TIME, Feb. 11). Probably a skyscraper will soon be erected on the joint site. With Guaranty Trust already fourth largest and National Bank of Commerce ninth largest among U. S. banks, the merger-bank will pass National City and Chase National, will stand as largest U. S. bank, as first U. S. bank with assets approximating two billions. From the standpoint of capital and surplus the merger-bank will be also world's largest. From the standpoint of deposits and total assets, London...