Word: mergers
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Dates: during 1950-1959
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...confident Germans, not the French, who were bitterly disappointed. Pro-German parties won almost two-thirds of the total vote (and 33 out of the 50 seats in Parliament), but they failed by a tidy margin to carry the 75% majority they need to push through a merger of the Saar and West Germany...
...else but Walter Reuther-father of the bride at the A.F.L.-C.I.O. merger...
...independents, competition from the Big Three is rough; and when American reported this week on its first full fiscal year since the Nash-Hudson merger, the balance sheet showed it. In the year ending Sept. 30, American lost $6,956,425. Stockholders found some cheer in the fact that it was only about half the 1954 losses (and it was well below Studebaker-Packard's $19,301,513 loss for 1955's first nine months). And 88% of American's 1955 losses came in the first six months, before savings made from the consolidation of Nash...
Fruits of Merger. To cut production costs, American moved Hudson assembly lines out of Detroit, consolidated all finished-car assembly at Kenosha Wis It adopted the Big Three's practice of using the same body shells for several lines of cars, consolidated Hudson and Nash field operations and warehousing...
invited George Meany to come over from the A.F.L.-C.I.O. merger meeting (see NATIONAL AFFAIRS) 16 blocks away to tell members, "What Organized Labor Expects of Management." Meany made clear that he expected the hand of friendship. U.S. labor and management, he said, "have much in common and httle, really, that they can take a different attitude about." He listed points of mutual agreement: devotion to the profit system, recognition of management's right to manage, dislike of Government interference, hostility toward Communism...