Word: mergers
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Dates: during 1930-1939
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...have testified to, that he was now trying to tell the truth as he understood it. In April Mr. Campbell had said that on Jan. 2 he told President Eugene Gifford Grace of Bethlehem that Youngstown was free to negotiate with Bethlehem because a pending Youngstown-Inland Steel Co. merger had been called off. As a matter of fact, the Youngstown-Inland merger was not officially abandoned until...
...shares of Youngstown stock. Though the offer was promptly refused, as Mr. Eaton must have known that it would be, this was an adroit counter- attack on the part of the Eaton forces who have gone into court to prevent consummation of the Youngstown-Bethlehem Steel Corp. merger voted by Youngstown stockholders on April 11. White-haired, 76-year-old James Anson Campbell, Youngstown chairman and leader of the Youngstown pro merger party, had testified that Mr. Eaton, in questioning the legality of the merger, was preventing Youngstown from proceeding with the construction of a new mill. Thereupon Harry Crawford...
...Marion motor factory, designed the (long-since defunct) American car, built Stutz Motor Car Co. (with Henry Campbell) out of a motor parts company he founded in 1910, selling out in 1919. He and Campbell founded H. C. S. Co., last year rumored to be planning a merger with Commercial...
Died. Leroy A. Manchester, chief counsel (with Newton Diehl Baker) for Youngstown Sheet & Tube Co. in the projected Youngstown-Bethlehem steel merger ; despondent over litigation against the merger (TIME, March 24 et seq.) and the strain of negotiations; by his own hand; at Youngstown, Ohio. Court was declared adjourned until July 8 "for good and sufficient reasons." Declared David G. Jenkins, trial judge: "A valuable piece in the chess game [has been] removed from the board. So far as the law suit is concerned and cold as it may seem to say it, the contest must...
...Clayton Act proceedings against Nickel Plate for its control of Wheeling. This is purely a technical maneuver of astute Wabash Chairman William Henry Williams. Though Pennsylvania controls his road, Mr. Williams is generally considered to be acting independently in his merger moves. Both he and the Taplins would assemble precisely the same system: Lehigh, Wabash, Wheeling & Lake Erie, Western Maryland, Pittsburgh & West Virginia. Such a system would be most distasteful to the Van Sweringens and the B. & O., most agreeable to the Pennsylvania...