Word: mergered
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Dates: during 1920-1929
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...some of the eating himself, and purchased the Buffalo, Rochester & Pittsburgh. Next, his hand was suspected in a mysterious purchase of the Ann Arbor by the Wabash- which, as is well known, Air. Loree covets lor his "fifth system." As yet, however, this proposal for another Eastern railway merger is not taken seriously, except as an obstructing move to the recognized "Big Four." For Loree's "fifth system" must apparently include the Lehigh or Lackawanna to gain its indispensable entry into New York. In both of these roads, Mr. George F. Baker and allied interests are deeply interested...
...much more, but it was cut short by the chairman, who tapped his, water glass authoritatively and arose. "Men of the I. C. S.," he announced in clarion tones, "I have the honor and privilege to tell you that our most distinguished alumnus, Mr. Addison Sims of Seattle, the merger king, has endowed our institution so generously that in the future all our courses will be conducted by special delivery...
...domestic business, the railroads continue to occupy the limelight. Mergers abound, and still more are projected. When and if the Interstate Commerce Commission approves the Nickel Plate consolidation now before it (TIME, Aug. 11, 18, Apr. 6, 27), many of these tentative and private rail merger plans will probably be rushed to completion...
...Sweringen brothers are patient men, and apparently their patience is about to be rewarded in the actual realization of their plans for the great Nickel Plate merger. Arguments tor further delay made by minority Chesapeake & Ohio stockholders have been denied by the Interstate Commerce Commission, which has bgun to consider the merger officially. Its approval will remove the last important barrier to effecting the consolidation...
...latter that Thomas C Powell, Erie Vice President and star witness for the merger promoters, apparently aimed his telling testimony, order to prove that the merger would increase competition rather than monopolize, he pointed out that the new Nickel Plate will touch 28 cities of over 75,000 population, whose aggregate population is 17465,000. The similar figures for rival and competing systems are: New York Central, 30 such cities with 17,655,000 total population; B. & U., 1 cities with 17,266,000; and Pennsylvania, 35 cities with 19,876,000. The implication was that the Pennsylvania was already...