Word: renew
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Wolfson's next coup was gaining control in 1949 of Capitol Transit, the Washington, B.C., bus system, for $2.2 million and selling it seven years later for $13.5 million-after Congress investigated sharp fare increases, deteriorating service and alleged financial improprieties, and then refused to renew his franchise. He bought control of Merritt-Chapman & Scott, a respected construction firm, and in half a dozen years had raised its net worth from $8 million to $132 million. He also used the firm to absorb companies that made everything from ships (the aircraft carrier Kitty Hawk) to movies (The Babe Ruth...
Paul McPartland, editor-in-chief of The Heights, said yesterday the 14-person editorial board of the student paper voted last week to renew the lease, adding, "we were bitter--we feel that we were right...
...college had threatened not to renew the lease because of the ads, which administrators considered inappropriate for a Catholic student body...
...music industry as Kern (better known as "Rich on Rock") announced his decision today to quit the world of Rock 'n Roll. Yes folks, that forerunner of the New Wave of music criticism has decided not to renew his recording contract with Crimbo Records, Inc. Secluded in his country retreat, the "Dean of Rock" has refused to talk with the press, except me. And he has asked me to convey this very special message to all of his fans (especially those at Wellesley and WHRB): "Much Later." (He puts things so well...
Both he and Edward W. Powers, associate general counsel for employee relations, said the union and the University hoped to renew negotiations last week, on what they described as "a very delicate situation...