Word: mergers
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Dates: during 1950-1959
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Responding to the threat of merger, alumni pledged over $200,000 in six months to bolster the Institute's resources. M.I.T.'s fighting spirit was obvious when "Tech Night" at the Pops opened with an improvised song to the tune of John Brown's Body, which asserted that "you can't make crimson out of cardinal and gray...
...road its 66-year-old agreement with Union Pacific to bring transcontinental passenger trains into Chicago from Omaha. While most railroads turned in impressive earnings records last year, the North Western did not even make its $5 preferred dividend. Heineman wants to jack up the management, eventually arrange a merger of North Western and the Chicago, Milwaukee, St. Paul & Pacific Railroad, save perhaps $30 million yearly by the consolidation...
Politically acute Indians had no difficulty in interpreting Nehru's words. What would happen, they now thought, was that Nehru would announce that the big merger plan was too vast for hasty decision, and under cover of this smoke screen would defer indefinitely all plans for the reorganization of states, including those which had set off the riots...
...AIRLINE MERGER between Eastern and Colonial Airlines will finally go through after nearly two years of legal battles. Under the $12 million deal, Eastern will get 13 planes, some 2,700 miles of new routes to Montreal and Bermuda...
Last year Cherington was a consultant to the New Haven on its proposed merger with the Boston and Maine, but he left because of sickness...