Word: mergers
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Dates: during 1970-1979
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Since the Faculty will decide on the Harvard-Radcliffe merger this Spring, Mrs. Bunting said she felt it was important not to antagonize them with a meeting on Dunster...
Cliffies-in a step toward the total merger of Harvard and Radcliffe scheduled for 1970-will join Harvard for Commencement Exercises in Harvard Yard this year...
...Probably the feeling now is that merger is coming along, so it's all right to do," Mrs. Bunting said yesterday...
Clout and Cash. Du Pont is virtually free of long-term debt, and has the clout and cash to acquire practically anything-its assets amount to $3.3 billion -but the Justice Department would almost certainly oppose any sizable expansion by merger. At the same time, Du Font's ability to grow from within is checked by its management philosophy. Because the company does not believe in competing with customers, it rules out any major "forward integration" into finished goods like textiles. "Backward integration" into oil and the raw materials that it converts into chemicals has not seemed profitable enough...
...still has its 16% interest in Goodrich, but all it has to show so far for that is a sizable paper loss. Legal fees and other campaign costs drained away another $3 million. A strike at Northwest's Lone Star Steel Co. and continuing problems-short hauls, frustrated merger plans-at its Chicago & North Western Railway have also helped to cripple profits. In the first nine months of the year, pretax earnings fell to $11.6 million-a 72% decline...