Word: mergers
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Dates: during 1960-1969
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Last week two big French organizations took just the sort of merger step that De Gaulle has been advocating. Pont-à-Mousson, France's second biggest private industrial company, with estimated 1965 sales of $1 billion, and the Compagnie Financière de Suez, one of the Continent's fastest growing investment trusts, with assets of some $200 million, decided to get together. Under a provisional agreement, Suez will assume a 20% stake in Pont-à-Mousson; in exchange, Pont-à-Mousson will get between 10% and 15% of Suez, the exact share yet to be negotiated...
...additional $70 more next year, their rooms are smaller, their dorms are noisier--in general, their living conditions are much poorer. With the rise in rates, this inequity will become even more pronounced. Two paths ought to be considered to remedy this. The first is some sort of financial merger with Harvard University, which is obviously no longer a men's college in the same sense that the other Ivy League schools...
...such a merger is currently impossible, then efforts should be made within Radcliffe itself to improve living conditions. Last year some suggestions were offered by students in a questionnaire about the fourth house. These included: many more single rooms: quiet places to study; better lighting; food machines and typing rooms in all dormitories: more flexibility by buildings and grounds about room arrangements and repairs. In addition, perhaps arrangements could be made for bells and wait-one to be paid jobs, since there will be practically no other way to reduce living costs at Radcliffe...
...United Presbyterians' proposed "Confession of 1967," which, they claim, reduces the Bible to a vehicle of God's Word rather than the Word itself. They are equally wary of ecumenism, on the ground that churches should be united by a fellowship of faith rather than by organizational merger. Even more abhorrent are the radical ideas of the "death of God" thinkers which, they say, seek to make God acceptable to man rather than try to bring man back to God. "We are not ready to be His pallbearers yet," snaps Dr. Merrill Chapin Tenney, dean of the graduate...
Church of the Future. Apman thinks that a majority of his parishioners will follow him into the merger, since they, like millions of other U.S. Protestants, are generally indifferent to the old theological quarrels of their churches. In many communities, Lutherans have no qualms about attending Methodist, Presbyterian or Episcopal services when a church of their own is not available. Moreover, Apman is already thinking ahead to a possible union of the eleven other churches in the Newport area into three larger, united congregations, each with a team of four ministers who could specialize in youth work, counseling, administration...