Word: raider
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Montgomery Ward Chairman John Barr last week reported the cost of the proxy fight to repel Raider Louis Wolfson. The bill: $692,250. The cost of the fight, plus a change in the method of computing the corporation's tax caused by a tax law change, cut the company's net for the first six months to $11,771,690, a 5% drop under 1954, despite a $22 million rise in sales. But Barr also had some good news. The company plans to open 100 new catalogue-order offices by the end of next year, the first sizable...
...kill off companies to pocket their assets. But to a good many other businessmen the take-over trend is all to the good. They argue that it is sparking a resurgence of stockholder interest in management, forcing management everywhere to work harder, improve operations, raise dividends. Said one raider; "We are conducting a counterrevolution to the inevitable excesses of the managerial revolution." Among the new counterrevolutionaries...
...reported what had happened in Page One stories, and a grand jury indicted Police Chief Gugel for interfering with Photographer Bailey's civil rights. Another grand jury indicted Gugel for "nonfeasance of duty," i.e., failing to suppress gambling and prostitution. The same jury also indicted Detective Thiem, the raider, on charges of breaking the law himself by having an interest in a brothel, and said he staged the raid on the Playtorium to retaliate for earlier raids on houses he was protecting...
...true. *The first Nautilus, built by Robert Fulton in 1800, was named after the paper nautilus, a mollusk that was mistakenly thought to cruise the surface of the sea with fleshy sails, and to submerge at will. Most famed Nautilus (named after Fulton's) was the prodigious sea raider commanded by Captain Nemo in Jules Verne's Twenty Thousand Leagues Under the Sea. † Natural uranium from which some of the nonfissionable U-238 has been removed, leaving a larger proportion of fissionable 0-235. *The story of Rickover's campaign to develop the nuclear submarine...
...center, Lahar will probably start stocky sophomore Bill Fackelman, but he will play only until regular Walt Nestvogel can size up the Crimson eleven. Nestvogel, a senior, calls defensive signals from the Raider center spot. He is a converted fullback and starred as a linebacker last season on defense...