Word: mergers
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Dates: during 1970-1979
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Rising fast in the hierarchy, Meany was chosen president of the AFL in 1952. He promptly engineered a merger between his craft unions and the industrial unions of the CIO, producing a national labor movement with the muscle to back up its demands. Yet he remained more practical than ideological, a champion of "the American way of life"-thrift, sobriety, patriotism and perseverance. Meany remained an unrepentant hawk; he had battled Communist labor unions in Western Europe after World War II, and he supported the Viet...
...report also suggests that burdened as it is with the high costs of meeting Government regulation and its own indebtedness, Chrysler is not a realistic candidate for merger. As lacocca protested earlier last week, "Nobody's asked...
...network in the industry with pop hits like Mork & Mindy, last week sprang a surprise bid to acquire Macmillan, Inc., the old-line publishing conglomerate that brought out Richard Bach's 1970 bestseller about a mythical seagull. In doing so, the big broadcaster (1978 revenues: $1.8 billion) upset merger talks that had been going on between Macmillan and Mattel, Inc., the California-based toymaker that grew big on sales of Barbie dolls but which is still less than one-third ABC's size. ABC's offer of $335 million for a controlling 55% of Macmillan...
...aggressive Lazard Frères & Co. for 34 years; of pneumonia; in Lausanne, Switzerland. A star at Lazard's Paris affiliate before fleeing France in 1940, Meyer became senior partner at the firm's Manhattan headquarters in 1944 and turned a cautious house into a corporate merger machine instrumental in the making of such giants as RCA and ITT. A compulsive worker, he amassed a fortune estimated at half a billion dollars, became an adviser to Presidents Kennedy and Johnson and gave millions to New York's Metropolitan Museum...
...most of his 17 years in the Senate, Kennedy has led the Democratic Party and what is left of American liberalism. In pursuing landmark progressive legislation such as the 18-year-old vote, national health insurance, gun control and merger regulation, among a galaxy of others, he has demonstrated the intellectual, political and oratorical skills that will make him an effective president, as well as a dedication unsurpassed in the Senate...