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...nation's leading sporting goods producer, Wilson-1966 sales: more than $990 million-is also a major meat packer and producer of chemicals and Pharmaceuticals with a strong management team. Still, there was little Haynie could do to stop Ling-even after he realized the extent of the Texan's designs on his company. In a matter of days, before Haynie could summon his board of directors, Ling-Temco-Vought had corralled a sizable chunk of Wilson's stock by offering holders $62.50 per share, 25% over the Dec. 20 New York Stock Exchange closing...

Author: /time Magazine | Title: U.S. Business: In a Single Stroke | 3/17/1967 | See Source »

...raise money for the Wilson acquisition, he went to London-with a chip on his shoulder. Sure that he would be scorned as an American-and a Texan, at that-he told representatives of N. M. Rothschild's famed financial house: "I insist that the track record of Ling-Temco-Vought demands respect. Judge this corporation on that record, and I couldn't care less whether I'm personally liked." Rothschild's got the point. Together with Wall Street's Lehman Bros., the British financiers raised the money for Ling to swing the Wilson deal...

Author: /time Magazine | Title: U.S. Business: In a Single Stroke | 3/17/1967 | See Source »

...study made by British Columbia's fish and game department; the rest are accidental, and 80% of the accidents are "the result of sheer carelessness." A common case is the hunter who drops his loaded rifle to the ground, and bang! - scratch one hunter. Last fall a nervous Texan tried to club a wounded opossum to death with the butt of his rifle and shot himself in the stomach on the first swing. In October, a Colorado hunter tried to demonstrate a fast draw for the benefit of his buddies, only to discover that his trigger finger was faster...

Author: /time Magazine | Title: Hunting: The Blood Sport | 12/30/1966 | See Source »

...recession that "would wipe out the gains of the past ten years." House Minority Leader Gerald Ford believes that it would be a "tragic mistake." Democratic Senators Vance Hartke of Indiana, George Smathers of Florida and William Proxmire. of Wisconsin all oppose it. The President's influential fellow Texan, Chairman Wright Patman of the House Banking Committee, flatly insists that a tax hike would plunge the U.S. into a depression...

Author: /time Magazine | Title: The Economy: Foggy Days | 12/16/1966 | See Source »

Invitations have not gone out yet; the date has not even been set. But Lamar Hunt, 34, fully expects to be invited. It was seven years ago that Texan Hunt, a onetime third-string end at Southern Methodist, tried to buy a National Foot ball League franchise, got turned down-and decided to start a rival league. The American Football League is now a success, and Hunt needs just one thing to make his revenge complete: to sit with 100,000 other fans in Los Angeles' Memorial Coliseum sometime next month and watch his Kansas City Chiefs beat...

Author: /time Magazine | Title: Pro Football: That Kansas City Beef | 12/9/1966 | See Source »

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