Word: millions
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Dates: during 1960-1969
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...needs a "diplomatic expert" and has no one else handy to fill the post. His choice of Lodge as his running mate in 1960 had the same reasoning behind it. Robert W. Packard is another of Nixon's Big Businessmen; an electronics tycoon, he must dispose of $300 million in stock before he takes the Assistant Secretary of Defense...
...vertical-take-off and short-takeoff planes. For now, Air West fits neatly into his pattern for profit. It flies from several key cities into Las Vegas, Hughes' headquarters. In Nevada, which Hughes likes because it has no state income tax, he has picked up an estimated $150 million worth of properties, including the Sands, the Desert Inn and huge ranch lands. If, as Hughes predicted in a rare statement, Las Vegas should balloon to the size of Houston, Air West will be flying right alongside...
...anti-Hughes forces were relieved when Mallory Randall Corp., a Brooklyn-based manufacturer of plastic containers, stepped forward with an alternative bid, offering to swap shares worth some $109 million. Then, only seven days before the Hughes offer ran out on Dec. 31, Northwest Airlines made an attractive stock-swap proposal. Air West's routes would tie in perfectly with Northwest's, Henry argued...
...Under new management, Northeast recovered. From 1939 to 1960, Hughes also controlled TWA, which flew low in the later stages of his capricious reign. Financial pressures forced Hughes to surrender his 78.2% ownership of the airline to a trust. He eventually sold his 6,584,937 shares for $546.5 million...
...designed as a floating luxury hotel, modern and comfortable enough to attract free-spending American tourists for the transatlantic run in the warm seasons and Caribbean cruises in the winter. At least, that was the dream of the Cunard Steam-Ship Co. when it ordered the $71 million, 66,000-ton liner in 1964. Last week, as she limped into Southampton after her shakedown voyage to the Canary Islands, the Queen, her company and its dream were all badly shaken...