Word: mergers
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Dates: during 1960-1969
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...pact, he is now the commissioner of both leagues, at a salary of $85,000 per year. Davis will probably return to coaching. He got the job in the first place, says an A.F.L. spokesman, "mainly to be sure that we didn't lose our shirts in the merger deal...
...Sellout!" Naturally, not everybody is overjoyed at the merger-notably David ("Sonny") Werblin, owner of the A.F.L.'s New York Jets, who is furious at having to pay the indemnity (his share: $2,000,000) to his cross-town N.F.L. rivals, the Giants. "Sellout!" screamed Werblin, who has sold 43,000 season tickets...
...telegrapher, rose to head the Frisco line and become the most sought-after executive in the industry. He was recruited for the Burlington with a bigger job in mind: the railroad's stock is 97% owned by the Northern Pacific and the Great Northern and, in a merger that the ICC unexpectedly turned down last month, he was slated to become operating head of the three roads. With the merger outlook now cloudy, he is concentrating on bettering the Burlington. Among the measures so far: >The Burlington bought a turboprop executive plane, flies potential customers to inspect...
...merger comes off, Bassine will have quite a chore. Korvette's furniture division sags with losses; its supermarkets barely break even, though Ferkauf says they are now "trending upwards." Privately, Ferkauf concedes that his empire was built too fast on a shaky foundation. The business was also damaged by its taking on some expensive airs. It tried simultaneously to upgrade its merchandise, add costly services, dress up its stores, and make expensive pushes into such distant cities as Detroit, Chicago and Baltimore. As a result, it hit wall-to-wall competition from established stores and supermarkets...
...articulate Harvard freshman, but she qualify her "yeccchhh" by noting that she apply objected to the crowds. A senior is also upset by the idea of crowds, but used that as far as Harvard men were concerned. "I never notice them anyway." But most others looked forward to the merger. A girl in Comstock said "I like it because it gives us equality," while an off-campus junior signed, "Oh I'm so glad...