Word: mergers
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Dates: during 1930-1939
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Fluent had been Owen D. Young's arguments that British Cables & Wireless, Ltd., was a "menace" (TIME, Jan. 20). Cocky had been Newcomb Carlton's assertions that the "menace" was a "bogy." Because I. T. & T. controls Postal and because a merger with Radio would mean less competition, it was expected that Mr. Mackay would agree with Owen D. Young. This he did, but neither to the deflation of the "menace" nor the inflation of the "bogy." Shrewdly he said: "If there were no British merger we would still wish to coördinate cable and radio...
General Electric Co. (No stock interest in General Electric, Ltd. of Great Britain, but large holdings in the Associated Electric Industries, biggest British company in this field. Between these two English companies an eventual merger rumored): $448,802,519 (orders) as against...
...Allied Power & Light resulted from a merger of Hodenpyl, Hardy with Stevens & Wood. Hodenpyl, Hardy held stock in Commonwealth Power, and Stevens & Wood held stock in Penn-Ohio Edison. When the merger was completed. Allied Power & Light functioned as an engineering and supervising counsel for Commonwealth Power and Penn-Ohio Edison. Its inclusion in the unified Commonwealth & Southern system was therefore logical and necessary...
Anglo-American Oil, once a marketing unit of Standard, now passing back to Standard of New Jersey by a proposed merger with its subsidiary, Standard Oil Exporting Corp. Anglo-American is the largest distributor in England...
...Ginger Ale, Inc., although it accounts for only a small percentage of the total U. S. ginger ale output. Dominant in carbonated water is White Rock Mineral Springs Co., with over 90% of the output. Last week Canada Dry officials admitted there have been conversations looking toward a merger with White Rock. On the New York Stock Exchange the shares of both companies fluctuated in a ratio indicating that the rumored exchange of one share of Canada Dry for one and two-thirds of White Rock may be correct...