Word: morristown
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...mistake to break up Hughes. Says Dingman: "It would make no sense. Like a symphony, if you sold off the violin section, it would not perform as well." At that point, the talks shifted to a possible Allied-Signal merger. At meetings in La Jolla, Calif., and Morristown, N.J., the deal came together...
...still arrive at Leigh Memorial Hospital in Norfolk by Monday morning. Says Hodges: "I'm impressed by the fact that someone cares and is offering a helping hand." Concurs Harry Kass of Brooklyn, 23, who last April flew on an AT&T company plane from San Francisco to Morristown, N.J., following treatment for bone-marrow cancer: "It enabled me to avoid crowds on a commercial flight when my immune system was weakened by drugs...
...supply-side theory have compiled a growing list of studies purporting to show that deficits do not raise interest rates. One was done by Manuel Johnson, an Assistant Treasury Secretary. Two other outspoken advocates of the supply-side view are Alan Reynolds, an economic consultant with Polyconomics in Morristown, N.J., and Paul Craig Roberts, a former Assistant Treasury Secretary in the Reagan Administration who is now a professor at Georgetown University. Supply-siders contend that the main factor propping up interest rates is the Federal Reserve's tight money policy. They argue that it was the Reserve Board that...
...reclusive, aristocratic chairman of Alleghany, who inherited the helm from his late father in 1967. Though the company's headquarters are in New York City, Kirby operates out of his father's wood-paneled gold-carpeted office in a 175-year-old white clapboard house in Morristown, N J The family owns 43% of Alleghany stock, and Kirby once called IDS the "crown jewel of [our] business affairs. He may resist parting with that jewel at anything less than a royal price...
...dirtiest, sloppiest, most wasteful takeover battles in U.S. corporate history. At its height, the contest was an unseemly spectacle of "cannibals gorging on one another," in the apt metaphor of Television Commentator Bill Moyers. Last week it ended with a whimper. In meetings at Southfield, Mich., and Morristown, N.J., shareholders of Bendix Corp. and Allied Corp. formally approved the merger of their companies. There was scarcely any dissent, but there was some sober reminiscing. Allied Chairman Edward L. Hennessy Jr., 54, said of the torturous maneuvering leading to the $2.3 billion deal: "It was a pretty sorry spectacle that gave...