Word: mergers
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Dates: during 1950-1959
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...MERGER-BUSTING POLICY will be pushed by FTC to stop what it considers to be growing concentration in some industries. As a start, FTC ordered Crown Zellerbach, No. 2 U.S. papermaker (after International Paper), to sell St. Helens Pulp & Paper Co., which it bought in 1953. This was first time FTC invoked amendment to Clayton Antitrust Act that forbids merger which may create monopoly in just a single line of commerce. (The "line" in this case is the coarse-paper market in eleven Western states.) Crown Zellerbach will appeal to courts...
...houses, for the first time since 1947. And as freight-car loadings fell 16% at year's end, railroads were in such a fever to cut rising costs and bolster sagging profits that the Pennsylvania and the New York Central, giants of the industry, talked longingly of merger...
Greek Cypriots still refuse to recognize any spokesman except Makarios, and most well informed Britons concede privately that his return sooner or later is inevitable. A solution Britain would consider: independence for Cyprus, retention of NATO bases on the island, but no merger with Greece. One of the biggest sticking points is Turkey's increasingly stubborn insistence on partition or the status quo as the only ways to safeguard Cyprus' outnumbered Turkish community. But if good will and determination could find a way, Sir Hugh Foot seemed the man to find...
Cushman Opposes Merger...
...merger would result if a plan formulated and approved unanimously by the Harvard Opera Guild executive committee is accepted by the Harvard Dramatic Club and the Harvard Gilbert and Sullivan Players. It is understood that some executives of both organizations have approved the proposal in theory...