Word: mergers
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Dates: during 1950-1959
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STUDEBAKER-PACKARD merger with Oliver Corp. will bring S-P into the farm-equipment business. S-P proposes to buy Oliver for $83 million, giving Oliver stockholders 7/10 of a share of Studebaker-Packard for every share of Oliver, plus $15 per share in cash...
...MERGER TALKS are going on between Rock Island and Milwaukee railroads. Merger of the two Chicago-based carriers would result in substantial savings in operating costs, form a road with 18,000 miles of track, largest in U.S., and total assets of more than $1 billion...
...chief politician, Akram Hourani, who urged the merger with Nasser, is now exiled to a harmless desk job in Cairo...
...twelve-member merger commission first came forth with a document stating the new church's aim as "to cherish and spread the universal truths taught by Jesus and the other great teachers of humanity in every age and tradition, and prophetically expressed in the Judaeo-Christian tradition as love to God and love to man." To the delegates meeting in joint session this sounded too specifically Christian, and they voted it down. The amended version read: "To cherish and spread the universal truths taught by the great prophets and teachers of humanity in every age and tradition, immemorially summarized...
...merger went through as planned, will go into effect in May 1961 if ratified by the local churches before next May. But just before the 1,000-odd delegates packed up to go home, a third version was voted. Jesus was still out, but "in the Judaeo-Christian heritage" (instead of "in their essence...