Word: mergers
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Dates: during 1930-1939
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...Philadelphia, a joint committee of the northern and southern branches of the Presbyterian Church announced a plan of merger, to be voted upon by both in 1935. Retaining essential doctrines and governments of each church, the new ''Presbyterian Church of North America'' would embrace 2,200,000 members...
...bonds hoped that last week's decision will help them when their suits come up in the U. S. Supreme Court. The Commons- ¶Weighed every carefully chosen word uttered by Chancellor of the Exchequer Neville Chamberlain as he consented to allude at last to the long-rumored merger of Cunard and White Star...
...Negotiations," the Chancellor said, "have reached a stage at which the Government feels fully justified in assuming that an effective merger of the North Atlantic fleets of the Cunard and White Star Lines will become an accomplished fact at an early date. It is the intention of the Government in that event shortly to lay before the House proposals for furnishing the necessary financial facilities for completion of the new Cunard liner" -scheduled to exceed the French liner Normandie as "largest and fastest liner in the world" (TIME, Nov. 7, 1932). ¶Adjourned over the holidays...
...National City's loyal employes resigned. Reason: by leaving the employ of the bank before the stock was turned over to them they were entitled to receive back the full amount they had paid in on installment, plus interest. ¶Stockholders of Socony-Vacuum finally satisfied the proposed merger of their Far Eastern oil properties with those of Standard Oil (N. J.) (TIME, Aug. 21). Thus a new overseas empire came into being, stronger than the sum of its parts: whereas Socony-Vacuum had markets in the East but no production, and Standard Oil had production but lacked markets...
...Gene Vidal got his first real job. He made a point of working in every department, learned the business from bottom to the level of assistant general manager. Also he made two fast friends in the company: Publicist Amelia Earhart and General Superintendent Paul ("Dog") Collins. In 1929 a merger shook him and Paul Collins out. But before that happened they had hatched the best idea of their careers-a short airway over a heavily traveled route with frequent schedules and low fares. They sold the idea to Philadelphia Socialites Nicholas and Townsend Ludington who backed them in Ludington Lines...