Word: pushed
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Dates: during 1960-1969
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DIVIDEND BAIT was offered Baltimore & Ohio stockholders by the Chesapeake & Ohio Railway to push the tenders it holds for 55% of B. & O. stock to 80%. After winning battle for control against New York Central, C. & O. extended stock-trading offer for 30 days and added a lure: C. & O. guaranteed B. & O. takers the $4 per share annual C. & O. dividend as of Jan. 1, if deal goes through. B. & O. pays only...
...control as a first step toward merger, since he wants to make some changes in the financial structure of the debt-ridden B. & O., notably alter a clause requiring that a $23 million bond issue be paid up if the B. & O. merges. After that, he intends to push for complete merger of the C. & O. and B. & O., which would create a vast railroad net rivaled only by the Pennsylvania in assets ($2.3 billion) and surpassed only by the Santa Fe in track mileage (11,000). Eventually, Tuohy sees a huge, unified rail system in the East. Says...
...disparate has troubled many; such varied political figures as the Senate Majority Leader, Mike Mansfield, Sen. Javits, and Norman Thomas, not to mention Strom Thurmond, have urged extinction of the electoral troglodyte. And even fiercely partisan Kennedy supporters feel qualms about rolling in the New Frontier on a push-cart designed to slow down democratic traffic...
...Push and Pull. Romance faded but inspiration remained. Almost immediately, he began to attract attention. He became the pupil of Hans Hofmann, dean of the uninhibited "push and pull" technique. But no sooner was Rivers safely launched as a promising abstract expressionist than boredom...
...stock for one of Nickel Plate's. To close the 111-mile gap between the end of his tracks at Columbus and the Nickel Plate's at Sandusky, he wants to buy the Sandusky Line from the Pennsylvania Railroad for $27 million. Finally, to push his network into Michigan and west to Omaga, he plans to lease the Wabash Railroad for $7,125,000 annually for six years, eventually merge with it by exchanging 675,000 shares of N. & W. stock for all of the Wabash's 598,186 shares...