Word: saint
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...weeks the walls of Paris and the sides of its ancient buses had been plastered with huge red posters bearing the reassuring message: "Saint-Gobain . . . a trustworthy trademark." Day after day, France's most aristocratic company, which was set up in 1665 by Louis XIV to make the glass for Versailles, blared its virtues in unheard-of fashion for French corporations-double-truck newspaper ads, regular radio and television appearances. Since Christmas, France has experienced what in the business world is something like the student-worker upheaval of last May and June. Compagnie de Saint-Gobain, Europe...
Frontal Attack. Superficially, BSN's attempt looked absurd. Saint-Gobain produces 22% of the world's plate glass, has extensive interests in chemicals, nuclear energy, cardboard and paper. The company has annual sales of glass and other products totaling $1 billion, almost five times BSN's. But Saint-Gobain's current reputation glitters less than its history. Under the presidency of Count Arnaud de Vogüé, 64, the company lagged behind BSN in adopting the float-glass process that revolutionized glassmaking a decade ago. On the other hand, BSN, which was formed when two firms...
Rebuffed in merger feelers toward Saint-Gobain, BSN quietly bought 10% of its competitor's 11.5 million shares. Then, in December, Riboud sprang his frontal attack. Backed by three big banking houses, BSN offered to exchange convertible debentures with a face value of $46 for Saint-Gobain common stock, then selling for $29. Such tactics, common in the U.S. and Great Britain, had never before been tried in France. Much to BSN's surprise, Saint-Gobain did not take long to fight back strongly...
...Minister" in jest, but Frenchmen have begun to agree. Debre is losing favor with De Gaulle because he is lukewarm toward the President's plans for decentralizing government. Education Minister Edgar Faure has lost stature as a result of continuing student unrest; last week rioters from the Lycee Saint Louis in Paris temporarily seized the Sorbonne, and at the new University of Vincennes agitators had to be driven out by police using tear...
...ideas with which he fired his fellow enrages. Dismayed by society, they demanded nothing short of a complete overthrow of the system. Now Cohn-Bendit, banished from France after his abortive attempt at revolution, has combined forces with his brother Gabriel, who is a professor of German at Saint-Nazaire university, to provide "an echo of the great dialogue that was begun in the forum of the Latin Quarter...