Word: mergers
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Dates: during 1950-1959
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...company.* The new giant has $500 million in assets. 36,000 employees, 43 plants in the U.S. and 16 in foreign countries, and is selling $500 million worth of products a year. (Olin Oil & Gas Co., a separate company controlled by the Olin family, is not involved in the merger...
PACKARD AND STUDEBAKER are talking about a merger to compete better against the Big Three...
...MERGER of three big California banks is being completed to form the 16th biggest U.S. bank (assets: $1.4 billion). Three-way deal is between Los Angeles' California Bank, San Francisco's Crocker First National Bank and Bank of California, which are joining forces to compete better against the giant Bank of America...
Neal Hastie '52, Graduate Secretary of PBH, suggested the merger over a month ago. Miss Emily B. Lacey, Dean of Residence at Radcliffe, and Clementine K. Kuhlman '55, president of Student Government, have been working with Hastie on the plans...
...Cincinnati Enquirer and lost out when the Enquirer's employees bought the paper instead (TIME, June 16, 1952), the Times-Star has been in a neck-and-neck battle with its evening competitor, the Scripps-Howard Post. Newsmen guessed that the battle might end in a merger of the two papers, leaving the afternoon field with only one daily. But on his first day at his new job, Publisher Ingalls made it clear that the Times-Star intends to fight the competition rather than buy it. Said he: "We have no present intention of making any sale, merger...