Word: ownerships
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Dates: during 1950-1959
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...Government, which lost its five-year antitrust suit to force Du Pont to sell its 22.6% ownership of General Motors Corp. two months ago (TIME, Dec. 13), announced last week that it would appeal the case to the U.S. Supreme Court. Normally, appeals from a lower court pick out errors of law. But in the Du Pont case the Justice Department said it would challenge Chicago Federal Judge Walter J. La Buy's entire interpretation of the evidence in the case. He had ruled that "Du Pont has not had, and does not today have, practical or working control...
...WGBH will begin operating an educational TV station on Channel Two sometime in April indicates a growing trend towards adult telecasting. WGBH is confident that many Bostonians accept the intellectually insulting fare of commercial TV only because of resignation; WGBH-FM has been able to treble metropolitan FM set ownership in the past three years...
Last week General Franco and his advisers, in five black limousines, on which the usual markings of El Caudillo's ownership were concealed, traveled Spain's ragged roads to the Palacio de las Cabezas, manor house of a 100,000-acre ranch run by the Count of Ruiseñada. There, in well-barricaded privacy, Franco sat down to lunch with Pretender Don Juan (who was allowed back into Spain on a passport describing him as Count of Barcelona). It was their first meeting in six years, and Juan's first visit to Spain since the Civil...
...Randolph, in The Honeymooners. This is an expanded version of a series of sketches running on his current program, which stars Jackie as Ralph Kramden, a frantic schemer who, unlike Jackie in real life, is always going nowhere in particular in a great hurry. Jackie Gleason Enterprises will retain ownership (for reruns) of the shows and will produce a weekly half-hour musical revue to precede The Honeymooners. To top off his already brimming cup. Gleason also gets a 15-year contract from CBS. paying $2,000 a week after the Buick show folds. This, he says, is an "exclusivity...
Attorneys for other applicants questioned the legality of Fox's ownership of the Post at Washington hearings before an ICC examiner Monday. They cross-examined the Boston publisher about his right to control Post stock, and the recent financial condition of the paper...