Word: mergers
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Dates: during 1950-1959
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...Became President of the United Arab Republic (Feb. 1, 1958), following the merger of Syria and Egypt (Feb. 1, 1958). His Egyptian majority...
...FOOD MERGER is in works between fast-growing Corn Products Refining Co. and Best Foods, Inc. to create grocery processor second only to General Foods Corp. (annual sales: $1 billion). Corn Products (Mazola salad oil, Karo syrups) grossed $495 million last year, while Best Foods (Nucoa margarine, Hellmann's mayonnaise) grossed $114 million...
Businessmen are often confused by the contradictory actions of the U.S. trustbusters. Last week they had even more reason for confusion. The Federal Trade Commission ruled last month that a merger would not tend automatically to create a monopoly even though it gave 45.6% of the household steel-wool market to one company, Brillo Manufacturing Co. But last week the Justice Department sued to break a deal that would give 21% of the detergent market to Lever Bros...
...union of their two countries, which do not even share a common border, were the most natural thing in the world. The U.A.R.'s propagandists denounced the rival Hashemite Arab Federation of Iraq and Jordan* as a "sham" that would soon collapse, while theirs was a merger of peoples bound by history, blood and religion. Impulsive Syrians, who voted almost unanimously for Gamal Abdel Nasser as the first President of the new republic, thought of him as an Arab and only incidentally as an Egyptian. But after five months, Syria (pop. 4,000,000) has become a province...
...owner of the morning Express and afternoon News, combined the two Saturday papers into one fat morning Express-News. Few newspapers are hiring; few are even replacing newsmen who quit. As a result, only 50 of some 600 International News Service newsmen, photographers and technicians dropped after the merger of INS with United Press to form United Press International (TIME, June 2) have found new jobs...