Word: segundo
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Dates: during 1960-1969
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...based University Computing Co., which attempted to acquire Western Union with a tender offer for a controlling 10% of W.U. stock. The offer sent the stock from $35 a share to $44.88 and prompted other prospective buyers to step up their efforts. Last week Computer Sciences Corp. of El Segundo, Calif., which is about one-sixth as big as Western Union, made a better bid. After marathon negotiations in New York and Washington between Chairman-President Russell W. McFall of Western Union and Founder-Chairman Fletcher Jones of Computer Sciences, the two men agreed to recommend a merger to shareholders...
...management goes, the combination will involve no noticeable changes. Atwood will remain at his El Segundo, Calif., headquarters as president and chief executive officer of North American Rockwell. The Rockwells, Sr. and Jr., will be based in Pittsburgh as chairman and vice chairman. And, what with North American's $1.2 million Sabreliners and Rockwell's $575,000 Jet Commanders, distance should be no problem...
...impasse with the banks, Douglas Sr. has launched a series of merger discussions. Among companies invited to discuss a possible deal are the McDonnell Co. of St. Louis, North American Aviation of El Segundo, Calif., and General Dynamics Corp. of New York City. Admittedly interested in Douglas are New York's Martin Marietta Corp., Venture Capitalist Laurance Rockefeller, the Signal Oil & Gas Co. of Los Angeles, and Fairchild Hiller Corp. of Hagerstown, Md. Signal last week offered Douglas $100 million for 5,000,000 shares of a new issue of 6% preferred stock. Converted to Douglas common stock...
...Segundo, Calif...
Bird Dogs on Point. As perishable commodities go, there are few things more coveted than a good quarterback. Southern Cal's John McKay spotted Pete Beathard as a junior at El Segundo High School, hardly let him out of his sight for two years. Northwestern's Myers got VIP tours of all but three Big Ten campuses, plus Miami and the University of Florida. Midshipman Roger Staubach is a prize product of perhaps the most extensive recruiting service in college football. "We don't dodge it," says Rip Miller, Navy's assistant athletic director. "We recruit...