Word: mergers
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Dates: during 1950-1959
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...taxes. In Manhattan one of the hottest security cases in years was unfolding behind grand jury doors with the confession of Communist Spies Jack and Myra Soble and their accomplice, Jacob Albam. In Pennsylvania Bethlehem Steel Corp. lawyers worked and planned against the multimillion-dollar possibility that their proposed merger with the Youngstown Sheet & Tube Co. might be adjudged a threat to a free economy. And in Tallahassee, Fla. a White Citizens' Council member spat disgustedly as he spoke of the same "nigger lovin' s.o.b." against whom Southern Congressmen for weeks had been preparing an oratorical assault...
Miss Olsen declined to say whether or not she would favor merger of Harvard and Radcliffe organizations, but merely indicated that "there are good cases on either side which will have to be considered carefully...
Although Norman W. Smith, Jr. '58, president of the Harvard Young Republicans, favored merger with Radcliffe, the Radcliffe group's head, Ellen FitzPatrick '59, said she would prefer that separate organizations be maintained...
THREE-WAY MERGER will put Weyerhaeuser Timber Co., biggest U.S. lumber producer (but second to diversified Crown-Zellerbach in overall business) into the finished-container field for first time. In face of sagging U.S. lumber sales, Weyerhaeuser will absorb Chicago's Eddy Paper Corp. and New Jersey's Kieckhefer Container Co. in $200 million stock swap, emerge as fully integrated lumber-pulp-container producer, with annual earnings of about $65 million...
...ANTI-MERGER BILL is expected to pass Congress and be signed into law by President Eisenhower, despite opposition by N.A.M. and U.S. Chamber of Commerce. Some minor amendments may be made, but final version will still say that Government must have 60 days' advance notice of any merger that would produce combined company worth $10 million or more...