Word: taussig
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Dates: during 1960-1969
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...most difficult decision for attackers is how much above the going market price to offer for stock they covet. In a study of 50 contested tender offers, Columbia University Professors Samuel L. Hayes III and Russell A. Taussig recently found that the average premium was 16%, though lower-priced stocks ($10 to $20) often required an extra sweetener...
Strategy for Defense. Though resisting tender offers is difficult, Hayes and Taussig figure that the odds nevertheless favor the defense by a 2.86-to-l margin. Defenses are many. Racine Hydraulics & Machinery fought off a takeover bid by Bucyrus-Erie Co. not long ago by writing and telephoning some 3,000 stockholders, joining a hastily formed committee of Racine citizens in buying up its own shares in the market. Sharon Steel Corp. boosted its annual dividend from 60? to 80? a share to help fend off a tender offer by Honolulu Industrialist George W. Murphy. Julius Garfinckel & Co., the Washington...
...study done under the guidance of Johns Hopkins' famed Pediatrician Helen B. Taussig, report the Kentucky doctors, showed that no fewer than 327 (out of 7,000) U.S. hospitals claimed in 1961 to have all the facilities-including a heart-lung machine-for doing open-heart surgery. In that year, 37 of the hospitals reported that their equipment had never been used: not a single open-heart operation. In 97 hospitals where there had been operations, the total was fewer than ten; in 117 there had been from ten to 50. In only 56 medical centers were open-heart...
Died. Dr. Alfred Blalock, 65, leading U.S. heart surgeon who teamed with his chief pediatrician, Helen Taussig, in 1944 to perform the first Blalock-Taussig "blue baby" operation, which has since restored to health an estimated 10,000 children born with congenital heart defects; of cancer; in Baltimore's Johns Hopkins Hospital, where he was surgeon-in-chief from 1941 to last July. Until Blalock's operation, "blue babies" (so called because of their blue lips and finger tips) were considered incurable, suffered from such acute lack of oxygen in their bloodstreams that they either died shortly after...
...Harvard alumni received medals. Others were Detlev W. Bronk, S.D. '53; Aaron Copland, D. Mus. '60; Walt Disney '28 (hon.), M.A. (hon.) '38; T. S. Eliot '10; Walter Lippman '10; Ralph McGill, LL. D. '60; Reinhold Niebuhr, S.T.D. '44; Carl Sandburg, Litt. D. '40; Dr. Helen B. Taussig S.D. '59; and Dr. Paul Dudley White...