Word: mergers
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Dates: during 1950-1959
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...week events in Syria drove other Arab nations into common concern. One group of worried Arab powers centered around Egypt. Syria as a Russian satellite would rob Nasser of his chosen role as the leader of Arab nationalism, and play hob with all the talk of a Syria-Egypt merger and with the joint Syrian-Egyptian army command under Egypt's General Amer...
...sounded off against "trying to be friends with everybody." Also for a tougher document: West Germany's famed Pastor Martin Niemöller. At week's end the Central Committee had passed the report along to a subcommittee and was preparing for decisions on 1) a proposed merger with the 36-year-old International Missionary Council, made up of Protestant regional mission associations throughout the world; 2) "racial and ethnic tensions"; 3) new member churches...
...only are pre-1950 asset acquisitions immunized by law," said Bicks, "but, equally important, enforcement practicalities may move against stock or asset acquisitions consummated since then. The likelihood may well be that not too long after a merger has been consummated the assets of the merged companies may be so scrambled that effective divestiture may be unfeasible." Even if the trustbusters decide to act immediately, there are other effective blocks to quick action against a company that acquires only part of the stock of a supplier or customer. "Competitive consequences may be much more ambiguous at the time of purchase...
...MERGER TALKS are going on between Beverly Hills' Litton Industries, Inc., fast-growing maker of electronic equipment (TIME, April 29), and Underwood Corp. (1956 operating loss: $3,571,420), which recently talked merger with National Cash Register...
...Black. By 1929 Weirton Steel Co. was among the world's biggest independent tinplate producers, but Weir was "tired of sawing wood in West Virginia." He put through a merger with Detroit's Great Lakes Steel Corp. and subsidiaries of Cleveland's M. A. Hanna Co. to form the $120 million National Steel Corp...