Word: mergers
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Dates: during 1930-1939
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...resigned vice president of Paramount Pictures (TiME, Aug. 3); to be executive vice president in charge of production of RKO Radio Pictures, Inc. which plans to merge studio facilities with RKO Pathe, Inc. As vice president of RKO Pathe, Mr. Selznick will be in charge of consummating the merger...
...flag has not yet been made of bunting; it consists of ink and paper, constitutes not a merger but a pooling, a combination-the greatest in U. S. history. Involved in the deal are the Dollars, Kenneth Dawson, Paul Chapman, the Fleishhackers, P. A. S. & Son Franklin, Kermit Roosevelt, and a name famed on the seas but hitherto negligible in serious shipping, Vincent William Astor...
...largest man present, rotund George McClelland Reynolds of Chicago. Iowa-born 66 years ago, he is in his Sist year of banking. With his brother Arthur he built up the Continental Illinois Bank & Trust to fourth largest in the U. S., biggest outside New York. Famed as merger masters, the Brothers Reynolds accomplished their last coup in 1929 when their bank absorbed Illinois Merchants Trust Co., onetime stronghold of Ernest Hamill and John J. Mitchell...
Three weeks ago Steamship Row heard of a big Italian shipping merger more closely knit than the British and German pooling agreements. Officials of two trans-atlantic Italian lines refused to comment. Giuseppe Cosulich in New York said he had heard nothing about it. Rome despatches last week confirmed the rumors. A new company, Italian Lines, was formed with capital of 800,000,000 lire. Banca Commerciale took a 42% interest, Credito Maritime 40%; the remaining 18% was divided between the shipping companies...
...Youngstown, Ohio, City Trust & Savings Bank and Dollar Savings & Trust Co. announced permanent closing. Under the same management as the Dollar, First National closed pending a merger with Commercial National and Mahoning National...