Word: mergers
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Dates: during 1930-1939
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Last week the name of Cleveland-Cliffs popped up not in connection with a merger report but in a deal in which the principals were certainly not unaware of its merger possibilities. Very quietly a group of Eastern bankers and investment trusts bought, a large block of stock in Cliffs Corp., the holding company superimposed on the iron company. The sellers were supposed to have been Cleveland's rich & pious Mathers, who have dominated the company since it was founded in 1850 by a direct descendant of Puritan Richard Mather.* Only one of the six buyers was identified: Adams...
...church has long been the holy dream of U. S. Methodists who first attempted to make it come true by appointing a commission in 1918. Last week in Evanston, Ill., ten bishops and 40 ministers and laymen agreed upon an irenicon which they publicly hoped would result in a merger of the Methodist Episcopal Church, the Methodist Protestant Church which split off in 1828 because of doctrine and administration, and the Methodist Episcopal Church. South which angrily broke away in 1845 because of slavery...
Since over the next six years it will take a three-fourths majority in each Methodist general conference to get the plan ratified, observers believed that unrealistic, idealistic Northern Liberals could, and probably would, hold up Methodism's mighty merger on the "Jim Crow principle...
...major groups, comparable to the major leagues of baseball. One was Promoter Curley's, with Londos for champion. The other was run by Promoter Paul Bowser, with Ed Don George's predecessor, Henri De Glane, as chief attraction. A year ago, wrestling rumors said that a merger between the two groups was imminent. Last week's bout, however acrimoniously contested, was essentially an indication that the merger had been amicably completed and that Promoter Jack Curley, with simple O'Mahoney as his proxy, had finally become sole proprietor of the Heavyweight Wrestling Championship of the World...
This week in Virginia City merger of four of the most fabulous Comstock mines will be broached-Ophir, Mexican, Andes and Consolidated Virginia. Only "Eastern interest" to admit his connection with the deal was John Jacob Raskob, identified in the local Press as a "New York contractor." With his wife, the onetime Democratic National chairman was at nearby Lake Tahoe...