Word: mergerer
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...York City. He took to the streets early, was busted almost at once for shoplifting, later for delivering drugs. Luciano was a tough teenage hoodlum on the Lower East Side when his gang targeted a skinny Jewish kid whose bold defiance won their respect. The encounter led to a merger of Jewish and Italian gangs and a lifelong friendship. When Luciano rebuilt the mob, Meyer Lansky was the architect. A ruthless natural ability enabled them to rise through the ranks of their chosen profession. Sometimes they simply eliminated the ranks. When they downsized colleagues, it was permanent...
...When that failed, he raised money from some wealthy Yale pals and joined Colonial Air Transport, which won the first U.S. airmail contract, between New York City and Boston. That same crowd liked to play in the Caribbean (excellent choice), where he created Pan American Airways Inc. from a merger of three groups. Trippe began service with a flight from Key West, Fla., to Havana, Cuba...
...president of the Congress of Industrial Organizations, Reuther negotiated a historic merger with the American Federation of Labor, headed by George Meany. Reuther then headed up the AFL-CIO's Industrial Union Department, but 13 years later, sharp differences over policy and programs led to the U.A.W.'s withdrawal from the organization--it would stay out until reaffiliating...
...component, Paramount, and then taken out by another media company, Viacom. Geneen's successor at ITT was pressured by investors to break the company into pieces. By the time Geneen died last November, all that was left of ITT Corp. was a hotel company, which would disappear into a merger two months later...
...General Electric Co. is eight years old, the product of the merger of the Edison General Electric Co.-Thomas Edison's firm and the Thomson-Houston Co. It is a forced marriage: Edison was an inventing genius but no match for J.P. Morgan in finance. Edison would quit soon after...