Word: murchison
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Dates: during 1960-1969
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...entries in five days. Radio Nord's charge for a primetime, 60-second spot: $40. The Bonjour is owned by a wheeler-dealer Texan, Dallas Tycoon Robert F. Thompson, whose other interests include seven U.S. radio stations, five U.S. TV stations, and a sometime partnership with Millionaire Clint Murchison Jr. Radio Nord's programs are taped in downtown Stockholm and delivered regularly to the Bonjour by motor launch, along with the plugs from eager sponsors. The whole deal has proved so successful that Thompson is already considering putting pirate ships off Goteborg and in the Mediterranean, off France...
...long-smoldering feud between Texas' Murchison brothers and the management of one of the nation's biggest holding companies flamed last week. To the 23,000 stockholders of Alleghany Corp., which controls both the New York Central Railroad and Investors Diversified Services (the biggest U.S. mutual fund group), went 17-page proxy solicitations from Clint Murchison Jr. and his brother John, in an open bid for control of Alleghany. The Murchisons charged that Alleghany Chairman Allan P. Kirby has let Alleghany's investment policy stagnate (except for an unsuccessful stock-buying race with the Chesapeake & Ohio Railway...
Though their famous father, Texas Oil Millionaire Clint Murchison Sr., has been ailing in Texas, many thought that they saw the old man's skillful hand behind his sons' maneuverings for control of Al leghany. The Murchisons and their back ers have already bought 868,667 shares of Alleghany, plus preferred shares and warrants that could bring their total to 2,168,811 shares, thus giving them a slight edge over the Kirby camp, which at last count controlled a potential 1,944,687 shares. With a Texas flair for gambling, the Murchisons are clearly going for double...
...come at the Alleghany Corp. annual meeting in May in the battle for the $5.5 billion holding company that controls the New York Central and Investors Diversified Services. Eleventh hour truce talks failed between Alleghany Chairman Allan P. Kirby (TIME, Dec. 12) and Brothers Clint W. Jr. and John Murchison. Both sides have already started soliciting proxies...
FIRST-ROUND VICTORY in the proxy war for control of the Alleghany Corp., the holding company that controls the New York Central and Investors Diversified Services, went to Murchison interests. Court ordered Alleghany Chairman Allan Kirby (TIME, Dec. 12) to turn over list of stockholders to Brothers Clint Jr. and John Murchison to solicit support for taking over the company...