Word: millions
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Dates: during 1960-1969
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...only two academic entries on an otherwise corporation list, are among the top 100 because both institutions are involved in expensive applied research in such fields as Over-the-horizon radar, electromagnetic applications and military uses for the laser beam. M.I.T.'s contracts last year totaled $94.9 million, while Hopkins' amounted to $71.1 million...
...time of his death after a heart attack last week in the small Belgian town of Marche-en-Famenne during a European holiday, Ahmansjon, 61, was the sole ruler of a savings-and-loan, banking and insurance combine that had earned him a personal fortune worth at least $300 million...
Ahmanson interests seem sure to grow inexorably broader-and taller. Next month, on a 3.9-acre Wilshire Boulevard site, work will start on a Home-financed, Edward Durell Stone-designed office-building complex featuring a 40-story tower. Scheduled for completion in 1970 at a cost of $75 million, the project is called, naturally enough, Ahmanson Center...
...deal, involving at least $580 million in Control Data securities, must be approved by shareholders of both companies-and that could prove to be a major hurdle. The reason is that Loew's, apart from whatever additional stock it may pick up through its tender offer, is already Commercial Credit's biggest stockholder, having bought almost 10% of the company's shares on the open market during the past year. And Loew's President Laurence Tisch, assailing the proposed get-together with Control Data as a "shotgun wedding," was plainly in no mood to surrender...
...proposed merger would hold special advantages for Control Data. One of the fastest-growing computer concerns, it registered earnings during fiscal 1967 of $8.4 million on revenues of $245 million, and is running far ahead of that pace so far in 1968. President William C. Norris has had to scramble for the cash to keep the expansion going. Commercial Credit's resources should help Norris increase computer sales abroad, also provide the financing his company needs to strengthen its position in the competitive -and lucrative-leasing field...