Word: tiss
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Dates: during 1963-1963
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Probably Inevitable. By mating, the two German companies can offer a complementary product line: Thyssen (pronounced Tiss-en) makes mostly sheets and beams; the strength of Phoenix is in tubes and heavy plate. Merger was probably inevitable anyway: despite the postwar decartelization attempts of the Western Allies, the majority ownership of both companies still rests with the descendants of August Thyssen, who was Germany's Andrew Carnegie...
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