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Word: mergers (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...barons of organized labor met for their biennial convention-and the tenth anniversary of the A.F.L.-C.I.O. merger-Labor Secretary Willard Wirtz aptly summarized the challenge confronting the unions in the affluent society. Said he: "Never before has the country faced so clearly the choice that it now faces between moving ahead or settling for what we now have, for leaning back, if you will, and patting our stomachs." For all the well-upholstered abdomens in San Francisco's Civic Auditorium, there were signs of change by convention's end last week...

Author: /time Magazine | Title: Labor: Exeunt Kookies | 12/24/1965 | See Source »

Chopped Down. The proposed merger by stock swap, which must be approved by the stockholders and will probably receive more than the normal amount of scrutiny in Washington, is the work of Harold S. Geneen, I. T. & T.'s hard-driving president since 1959. When he took over I. T. & T., Geneen boasted to a group of Wall Street analysts that the then ailing giant would become "one of the most important companies of the next decade...

Author: /time Magazine | Title: Communications: New Colossus | 12/17/1965 | See Source »

...merger should bring big benefits to both companies. I. T. & T. gets the bulk of its income from its activities as a major world supplier of telephone and electronic equipment and services and as a big producer in Europe of TV sets, refrigerators and record players. The new combine would end that heavy dependence on overseas income. ABC would become an "autonomous" subsidiary headed by President Leonard H. Goldenson, 60, would get from the merger the needed financial resources with which to build stronger programs...

Author: /time Magazine | Title: Communications: New Colossus | 12/17/1965 | See Source »

Delighted Simon. The merger would also end any chance of a takeover by ABC's largest stockholder, Norton Simon, the West Coast industrialist. Simon, in fact, seems delighted. One reason: he already has a $17 million paper profit on the 9.9% of ABC common stock held by his Hunt Foods and Mc-Call Corp...

Author: /time Magazine | Title: Communications: New Colossus | 12/17/1965 | See Source »

...merger is a major move toward the updating of Spain's banking structure, which has been one of Europe's most conservative and most internally powerful. In 1964, major Spanish banks held control of 1,008 enterprises that represent 49% of all the capital of Spanish corporations. This heavy control was long exercised in a conservative way, but more liberal lending policies are now helping Spain's newer industries. Since 1962, long-term private investment has risen from $150 million to more than $300 million yearly...

Author: /time Magazine | Title: Spain: Money for Manana | 11/26/1965 | See Source »

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