Word: mergers
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Dates: during 1960-1969
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...later, after all the crazy speculation, after all the manipulations, those acquisitions must be operated profitably. And it isn't easy to find the management." Conglomerates must cope with the problems of maturity ? the inevitable day when the pace of expansion slackens. Then, without the continuous growth-through-merger that has too often been the basis of their Wall Street appeal, the conglomerates will be come indistinguishable from such traditional multi-industry companies as General Electric. Only then will come the real test of whether they can survive and prosper. The conglomerates may indeed already be the corporate archetype...
McLaren may not have an easy time cutting down the conglomerates. Their growth stems largely from the vagaries of antitrust law?and there is still considerable question about whether the Government has the legal power to stop the trend. Diversification by merger has long been an attractive tactic for industrialists who were anxious to reduce profit-sapping fluctuations in the demand for individual goods and services. It is easier and quicker to diversify by buying a going concern than by starting from scratch. But Government antitrust barriers often stand in the way of combinations within a company's own field...
...year. Radcliffe is presently raising $30 million, $15 million of which will go to improvements on campus, such as Currier House, 200-car parking lot under the Quad, a connecting link between Eliot and Bertram, and others. Considering this sum, and the imminent merger with Harvard, $74,000 seems a small amount to spend on the physical safety--perhaps even the lives--of 1200 Cliffies...
...other joint committees will look into student student representation on the Fainsod Committee--the Faculty's committee on decision-making in the University, the student role in the HarvardRadcliffe merger, and freshman housing...
Sargent Kennedy, secretary to the Corporation, said he would present the petition to the Corporation at its meeting March 3. The Corporation will consider the Harvard-Radcliffe merger at the same meeting...