Word: mergers
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Dates: during 1960-1969
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...suitor, Northwest Industries. The rubber company's public relations and legal fight against Northwest's four-month-old takeover bid has been waged so well that, even though it is not yet over, it is looked upon as a classic corporate counteroffensive against an unwanted but aggressive merger partner...
...Heineman, Goodrich in March paid about $2.7 million in stock to buy Motor Freight Corp., a Terre Haute-based trucking company that competes with Northwest on some rail routes. Goodrich then petitioned the Interstate Commerce Commission, urging it to rule that Northwest would need ICC approval for a merger...
...hated to sink this much money into a garage at this stage of the game," Mrs. Bunting said. "If the merger comes it may be more essential to put money into women's education or somewhere else," she said...
...announced that Director Thomas P. F. Hoving had agreed to merge the Museum of Primitive Art into the Met. Subject to ratification by both sets of trustees, the collection will be housed in a new wing to be built into the south end of the museum. To Rockefeller, the merger fulfilled an ambition that he had cherished since the 1930s. Then, as a youthful trustee of the Met, he had tried to interest its director in starting such a collection on the ground that its esthetic beauty was as great as that of more classical sculpture...
...much as $2,400 to fill a $15,000 job. Rather than pay such bounties, Loral Corp., a Scarsdale, N.Y., electronics firm, offers a color television set to any employee recommending an engineer who remains with the company for at least three months. Marcor, Inc., formed by the merger of Montgomery Ward and Container Corp. of America, awards $100 merchandise credits to employees who help recruit new data processors and secretaries...