Word: mergers
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Dates: during 1920-1929
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...deep bond of sympathy between brilliant Mme. Dupuy and gallant M. Coty, what with perfumes and charm, is not to be gaped at. Last week Paris was not agape, but agog with rumors of a combination of the journalistic interests of Dupuy and Coty in an enormous merger...
...Manufacturers' Trust merger was announced the day following the Bank of the Manhattan Co. International Acceptance merger...
...British steel industry came last week a series of mergers, from which may result the formation of a British steel cartel to meet foreign competition in world markets. First came a triple merger involving three British steel makers (Vickers, Vickers-Armstrong, and Cammell, Laird & Co.) who united all their interests, except their armament works, in a company to be called the English Steel Corp., Ltd. Capital: about $100,000,000. Then came another merger-the union of Dorman Long, Ltd. with Bolckow Vaughan & Co., Ltd. Capital also about $100,000,000. An export agreement has been concluded and an effort...
What Wall Street delicately terms a "combination of interests," what on other thoroughfares would more bluntly be called a merger, last week transpired between the International Acceptance Bank and the Bank of the Manhattan Co., both of Manhattan. The distinction between interest combination and merger lies in the fact that the two banks will not merge physical properties, but that their stockholders will arrange an interchange of securities. Later there will be formed an investment bank, to be known as International Manhattan Co., so that, like many another bank, the new combination will have an affiliated financing organization whose operations...
Radio-Victor. The little dog in Victor Talking Machine Co.'s trademark last week heard the Voice of a new Master. For, in confirmation of months of rumor, there was announced the merger of Victor Talking Machine with Radio Corp. of America. The day before the merger was definitely announced, Radio stock rose 42 points, Victor 19¼. Gross income of Radio for 1927 was $65,082,074; gross sales of Victor were $46,886,842, thus making the business of the merged companies about $112,000,000 annually. Plans provide for a complete merger of the two companies...