Word: mergers
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Dates: during 1970-1979
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...past three years. The SEC accused Continental Connector's management of issuing two proxy statements falsely stating that an audit, which included the Dunes, had been made in accordance with generally accepted accounting principles. As one result, the owners of the Golden Nugget casino have called off merger talks with Continental Connector...
...second largest steel producer, behind U.S. Steel. It is also Japan's largest corporation, with annual sales of $3.1 billion. Together the two companies last year produced 31.5 million tons of crude steel, or 36% of Japan's total. In a period of resurgent Japanese nationalism, the merger has symbolic as well as business significance: Yawata and Fuji were parts of a single firm, also called Nippon Steel, until U.S. occupation authorities split them up after World...
...Yawata-Fuji merger, which markedly strengthens Japan's basic industry, comes at a propitious time. The government will soon inaugurate a new economic plan that calls for an annual growth rate of 10.6% and a doubling of the per capita income to $2,778 by 1975. Since the impossible is commonplace in the Japanese economy, critics are already calling the plan too conservative...
...good deal of N.S.M. letter stock (an issue not registered with the SEC and thus not readily marketable). Kidder, Peabody put out a 17-page report forecasting "significant growth" for N.S.M. and got 4,000 shares from the company just nine days later for helping to arrange a merger. By last December, the writing was on the wall if not yet in the annual report. But Wall Street was still impressed; Bear, Stearns & Co. quarreled with an article in Barron's, which noted that without the profits of its acquisitions, N.S.M. would have had none...
...merger with Radcliffe, 45 per cent said "yes," 35 per cent "no." Most yes comments pointed out that the schools are practically merged anyway. "Why not make an honest woman of Radcliffe," one said. Some scattered negative comments...