Word: woolworths
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Dates: during 1970-1979
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...Boston Clamshell headquarters Friday afternoon, they distributed gas masks. But it didn't seem immediate, not in a third-floor Central Square walk-up office next to a rundown Woolworth...
...Knox Art Gallery from 1955 to 1973; of a heart attack; in Buffalo. By boldly purchasing works by such contemporary painters as Jackson Pollock, Willem de Kooning, Jasper Johns and Arshile Gorky before they were widely bought by larger, more affluent museums, Smith and the museum's angel, Woolworth Heir Seymour H. Knox, assembled a collection of abstract expressionist art that is virtually unsurpassed...
DIED. Barbara Mutton, 66, oft-wed Woolworth heiress whose personal misfortunes earned her the nickname "poor little rich girl"; of a heart attack; in Los Angeles. Her seven husbands included Laotian, Lithuanian and Russian princes, a Prussian count and Actor Cary Grant. A granddaughter of the founder of the 5 and 10? store chain. Hutton inherited some $25 million at age twelve, but was long plagued by illnesses that ranged from kidney disease to cataracts, and spent her last years a recluse, often bedridden and weighing only...
Though the offer would come to $35 a share for stock that had been selling in the $23 to $26 range, Woolworth angrily rejected it. Chairman Edward Gibbons called the bid "grossly inadequate" and said that it raised "moral and ethical questions of the most serious nature." Woolworth has brushed up its stodgy image by posting record sales of $6.1 billion and earnings of $130 million in the last fiscal year, and it is roughly four times larger than Brascan. To help finance the takeover, Brascan would have to borrow $700 million from the Canadian Imperial Bank of Commerce, which...
...Edward and Peter Bronfman, cousins of the Seagram whisky chiefs, said that it wanted to increase its stake in Brascan from 5% to 50%. But then Brascan announced its new adventure, and an Edper spokesman said that his company's offer would be put off "until the Woolworth deal falls through...