Word: mergers
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...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...
...Carter rejected the recommendation. Instead, he gave the route to Dallas-based Braniff Airways in what some critics thought was a blatant political bid for support of his energy program by Texas Congressmen. In short, though Pan Am's position is substantially strengthened by its majority holding, its merger with National is not yet guaranteed...