Word: ponts
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Made largely of tough lightweight plastics -Kevlar fiber struts, Mylar sheathing, a Lucite windscreen, all from the project's sponsor, Du Pont-Challenger weighs only 217 lbs., excluding Ptacek, who had managed to diet down...
...Pont springs a surprise $7 billion offer for resource-rich Conoco...
While most Americans were enjoying fun and fireworks on the Fourth of July weekend, teams of executives from Conoco Inc. and Du Pont and Co. had forsaken friends and family to work almost round the clock on the biggest merger in U.S. corporate history. Du Pont, the largest U.S. producer of chemicals, had secretly offered to buy Conoco, the ninth biggest American oil company. After five hectic days of staff work, the deal seemed set. On Sunday night of the July Fourth weekend, Du Pont Chairman Edward Jefferson flew from his headquarters in Wilmington, Del., aboard a King Air twin...
DIED. Edward Ball, 93, for 46 years the shrewd, autocratic chief trustee of the $2 billion Alfred I. du Pont Trust, one of the nation's largest financial empires; of complications from an abdominal aneurysm; in New Orleans. A school dropout at 13, Ball was working as a salesman on the West Coast when Alfred du Pont, having married Ball's sister in 1921, hired him to run a Du Pont-owned tomato-canning plant. After Du Font's death in 1935, Ball took over the management of his estate, enlarging it to include...
...comply with a request from Congress to reveal the details of its agreement with Hoechst, a position that will no doubt continue to create distrust and may result in a formal subpoena, staffers on the Science and Technology Committee say. Harvard does not anticipate formal investigation of the Du Pont grant, but the same Congressional sources indicate that they will scrutinize the information available before deciding whether the public deserves to know more. "Unless we hear some good reason, there seems to be no benefit in this type of interference," Lamont-Havers says, complaining that Congress has already "mixed apples...