Word: outright
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Dates: during 1950-1959
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...sales of its 261-store chain slump from $176.2 million in 1952 to $158.6 million last year. Shareholders could do little to change management's conservative policies because the controlling stock-a 47% block-was held firmly by shy Chairman Rush Harrison Kress, 80. He owned 5% outright and traditionally was permitted to vote the 42% owned by the Samuel H. Kress Foundation, which has spent more than $100 million for art, medicine and education...
Dulles pointed out that the President's letter to Bulganin did not explicitly call for a foreign ministers' "meeting." But measured against that letter's tone and spirit, Dulles' outright "No, it isn't essential" seemed a step toward the summit, a step dictated by the haunting need to avoid seeming "rigid" in the eyes of neutrals, allies and the soft-line camp at home. Since the Russians had already conceded that the U.S. insistence on advance preparations is "correct," Dulles' concession seemed to leave no barrier to ambassador-level discussions of an agenda...
...create a subsidiary, transfer assets to it, then distribute the stock to United stockholders; or 2) sell a partial interest in the subsidiary to a buyer willing to invest at least $1,000,000 and distribute the rest of the subsidiary to United stockholders; or 3) sell outright enough assets for a purchaser to import the required 9,000,000 stems a year. United may not hold an interest in the purchaser, nor may Standard Fruit & Steamship, its major rival, which now has 18% of the U.S. market...
Kuwatly's nationalists, who had always favored federation, suddenly realized that federation would still leave the way clear for Khaled el Azm to become President of Syria, began pressing Nasser for an outright merger. Nasser, who not only shared their misgivings but saw a chance to regain the Arab world leadership lost by his ignominious Sinai defeat at the hands of Israel, set one big condition. He demanded that the Syrians agree to dissolve all parties in the merger, and accept a single Nasserite National Union such as he has formed in Egypt. Kuwatly and other nationalists agreed...
...global level, the policy has worked well. Stripped of almost everything but its name after World War II, when the Communists nationalized its Rumanian oilfields, Petrofina swapped its license to refine in France with British Petroleum for a guaranteed supply of crude, revitalized affiliates, merged, swapped and bought outright until it has now expanded into 63 affiliates in 23 countries, selling some...