Word: ownership
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Dates: during 1980-1989
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...didn't think we would last for six weeks. But there weren't any other jobs around, so they stuck with us." The company, which builds storage tanks and provides field services for Amoco, DuPont, Union Carbide and other clients, has more than tripled its sales under the ownership of the two women, from $1 million in 1984 to $3.5 million...
Giving up most of their shares in the Gucci company are the sons of Aldo, 83, the sole surviving son of the founder. A nephew of Aldo's, Maurizio Gucci, is still claiming 50% ownership in the firm, but his three cousins are contesting him in Italian court on the ground that he inherited his shares by forging his father's signature...
Murray officers and employees contend that foreign ownership might harm the familial character of the company, which is still partly owned by descendants of Founder C.W. Hannon. In protest, workers have gathered more than 5,000 signatures, erected GO MURRAY billboards and even staged a pep rally starring Country Singer Larry Gatlin. The firm's board has rejected Electrolux's offers of $48 and $52 a share, but Wall Street investors think Electrolux is prepared to offer even more. Anticipating another bid, they sent Murray's stock to a high of $64 last week...
Under the ownership of Ranhir Sahni, a former airline pilot, American Diversified squandered the assets of the S and L on ventures ranging from synthetic-fuel schemes to a national paging system. North America Savings was founded in 1983 by a dentist, Duayne Christensen, who made real-estate investments on behalf of relatives and his girlfriend. Christensen was killed in January 1987 when the car he was driving slammed into a bridge abutment a few hours before the regulators seized...
City Councillor William H. Walsh, the most vocal Independent critic of restrictive zoning measures, proposed rezoning the entire city with "incentives and inducements to commercial developers to build low and moderate ownership and rental opportunities throughout the city" at Monday night's Council meeting...