Word: mergered
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Dates: during 1920-1929
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...California company is considered only the prelude to enormous Coast oil activities. On Feb. 26 the stockholders of the Pacific Oil Co. will meet to consider proposals on reducing that concern's capital stock of $92,000,000 to $1,750,000. The directors will also suggest a merger with the Standard Oil Co. of California into a new company which will acquire the assets of both. Stock of the new company will be exchanged share for share for stock of the Pacific...
...system will have the longest trackage in the world-13,585 miles, 5,546 in the Frisco and 8,039 in the Rock Island-overrunning by more than 1,000 miles the 12,447 miles of the Southern Pacific System. The combined assets will total $875,000,000. The merger also will put the two banking houses on a peerage as really great railroad bankers with J. P. Morgan & Co. and Kuhn, Loeb & Co. But the Interstate Commerce Commission must approve such a merger.* The Frisco has two principal lines, which cross at right angles. One starts at St. Louis...
Vigorously opposed to such a merger are certain minority stockholders of the Chesapeake & Ohio repsented by Colonel Henry W. Anderson, a lawyer resourceful in arguments, who thus summed up: "The interests behind this plan want to get the Nickel Plate and the Erie, through the Chesapeake & Ohio, into both [the Pennsylvania...
Roused to fury, dapper Newton Diehl Baker, onetime Secretary of War, now a Cleveland lawyer and chief counsel for the merger proponents, snapped to his feet as soon as proceedings permitted, keen eyes sparkling, clipping words contrary to his usually calm setting forth of arguments as purely intellectual concepts, refuted charges and implications, recalled that "Desdemona's handkerchief in hands other than her own became a wanton's gift to her paramour in the eyes of her suspicious lord...
...giant food-products consolidation originated as a merger between the Rieck-McJunkin Co. of Pittsburgh and the Hydrol Co. of Chicago-each the largest ice cream distributor in its section. At the present time the consolidation has acquired 17 subsidiary companies. Of these, Sheffield Farms is the most important. One of the largest U. S. distributors of milk and other dairy products, it operates, mostly in New York City 1,959 retail and 32 wholesale routes involving the handling of 900,000 quarts of milk daily. Other holdings of Sheffield Farms include five large farms for the production of certified...