Word: takeing
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Dates: during 1950-1959
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Britain's postwar prosperity has spawned a new breed of high-flying financiers: the take-over men. As they took over one company after another, the stocks often soared dizzily, and they raked in fat profits. The British government paid little attention to the raiders until the stocks controlled by one of the biggest, H. Jasper & Co., collapsed, and trading of the shares in 15 Jasper companies was stopped. Last week the British government launched a full-scale investigation into where Jasper got his money and how he built his empire...
...currency business in 1936. After serving as a private in the British Army during World War II. Jasper quickly built up a small investment bank, joined forces with another Berlin refugee, a sharp lawyer named Friedrich Grunwald. Operating H. Jasper & Co., the two began to move fast, using the take-over expert's favorite tactic: after acquiring the controlling shares of a company, they would sell off its property, lease it back, use the cash acquired to buy more companies. H. Jasper & Co. gathered up blocks of apartment houses, movie theaters, billiard halls and a tannery, raked in high...
...last summer Jasper & Co.'s empire numbered 14 companies worth $42 million. It was ready for its biggest deal: the take-over of London's powerful real-estate firm, Lintang Investments, which owns the biggest block of apartments (1,200) in Britain. Jasper bought 51% of Lintang's stock from the company, offered to buy all other outstanding, publicly held shares in a $20 million deal. While Lintang was pending, Jasper also offered to buy up the stock, worth about $4,000,000, in Cardiff's Ely Brewery (259 pubs...
...village washerwoman (Sylvie) tells him that she is 62, tired and alone. For uncounted years she has turned out every morning at 5 to kneel washing clothes until dark, stopping only for a little bread and oil. Would the father and the church now mercifully grant her leave to take her own life? Another story is a screen version of Novelist Alberto Moravia's II Pupo. A straitened young couple have had one baby too many. They try to abandon it in a church, but it cries and a priest throws them...
...wife (Lilli Palmer) who hovers about to protect her alimony, always remembering the anniversary of their divorce; she once gave him a hot-water bottle that snored. At 56, age is closing in. He wears a wrist alarm clock; when it goes off, it is time to take his pills...