Word: mergers
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Dates: during 1930-1939
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First practical consequence of the Twentieth Century-Fox merger of last summer, Metropolitan includes an aria from The Barber of Seville, The Road to Mandalay and Glory Road in plain clothes, excerpts from Faust and Carmen, all sung by its affable, grape-nosed star with grace, good humor and superb enthusiasm. No better indication of the civilized qualities of the picture could be given than its adroit conclusion. Tibbett, harassed by the strain of running an opera company whose "angel" has deserted it, comes out to sing the prolog to Pagliacci. He does so in grand style to ringing applause...
Actual hostilities began in June 1932, when George Wilson, then Virginia-Carolina president, tried to arrange a merger with a fertilizing subsidiary of Armour & Co. Mr. Kemp was then not even a director, but as a stockholder and as a member of Bryan & Kemp, Richmond brokers, he took an interest in Virginia-Carolina's welfare. Objecting to the fact that the merger gave Armour a 61% interest in the new company, he rallied stock-holders against the consolidation, blocked it. Soon Mr. Wilson resigned, was succeeded by Vice President George Holderness. But the anti-Kemp, promerger faction remained unsatisfied...
...merger of two typically New England Enterprises, United-Carr began its corporate life in 1929, when its gadgets piled up profits of $568,000. Today the company operates plants in England, Canada, Australia and Luxembourg, where its subsidiary is called Societe Anonyme des Etablissements Ri-Ri. Profits showed a drop for three years after the merger but turned upward after 1932. Last year United-Carr reported earnings of nearly $500,000. And by last summer the company felt prosperous enough to borrow...
...Chairman-President Tom Mercer Girdler of Republic Steel drove the last rivet in his long-delayed merger with Corrigan, McKinney (TIME, Sept. 10, 1934). After stockholders of both companies ratified the proposal at simultaneous meetings in Cleveland and Jersey City, N. J., Tom Girdler announced that he and his fellow steelmen were "fairly optimistic" for the first time since...
Officers of both clubs met yesterday afternoon in Phillips Brooks House to talk over plans for this session. They decided that, since both organizations are founded on anti-war and anti-fascist principles, it is not only useless to remain separate, but that such a merger would greatly strengthen them in their fight against...