Word: whitney
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...Honeywell International, whose business making advanced electronics for the aviation industry, he thought, made a perfect fit with GE, one of three leading global manufacturers of airplane engines. In October 2000, during a visit to the New York Stock Exchange, he had learned that United Technologies Corp.--whose Pratt & Whitney division is another huge enginemaker--planned to buy Honeywell. Within 45 minutes, on the phone from his car, Welch had lined up his board to make a counter-offer. Two days later he had Honeywell in the bag; it would be the largest ever merger between two industrial companies. Welch...
Though UTC won't comment on the commission's investigations, sources close to the case say it opposed the deal. That makes sense. UTC's Pratt & Whitney division is a competitor of GE's in the global market for large aircraft engines. (With Rolls-Royce of Britain, the companies make up what is, in effect, a three-member oligopoly.) GE's competitors may have thought that by combining GE's engines with Honeywell's advanced electronics, Jack Welch's company would have been able to offer customers an irresistible package--especially since GE, through its aircraft-leasing division, is itself...
...York City museums. "Mies in Berlin," at the Museum of Modern Art, covers the years when he and other European Modernist pioneers, especially Le Corbusier and Walter Gropius, slashed away at the history of architecture until they arrived at Platonic refinements of geometric form. "Mies in America," at the Whitney Museum of American Art, picks up the story after he fled the Nazis, eventually to settle in Chicago as head of what became the Illinois Institute of Technology. From there, through his teaching and his flourishing practice, he spread the doctrine of glass and steel...
...Johnson, now the gray imp of American architecture but then MOMA's architecture curator, devoted important shows to Mies and connected him with wealthy patrons. One was Phyllis Bronfman Lambert, who later became the founding director of the Canadian Centre for Architecture in Toronto and has now organized the Whitney show. In 1954 she persuaded her father, then chairman of the Seagram company, that Mies should design its new corporate headquarters...
...were socially as well as academically privileged, however. They were admitted to the Fox final club without a formal punch process, according to Whitney Beales '68, a friend from...