Merger Mania Casts Shadow Over U S Industry
The merger minded conglomerates once SKd by stock markets face antitrust scrutiny under Nixon aides. McLaren and Mills pledge tax reform and lawsuits while conglomerates defend diversification. Industry leaders warn the trend could reshape the economy, with thousands of independents vanishing amid rising debt fueled deals and bank holding company growth.
MENTIONED IN THIS ARTICLE
Sterling Green
Associated Press
Wfter
Washington
Nixon
Richard McLaren
Sirin
Ingal
Lucles
United Fruit
Dillingham Corp
United American Harwood
AME Corp
Zapata-Norness
Big-name firms merge into giant corporations wave
Washington AP notes hundreds of major companies joining larger firms in a sweeping merger wave. Continental Baking Co now part of International Telephone and Telegraph. Paramount Pictures acquired by Gulf & Western. Wilson Sporting Goods to Ling-Temco Vought along with Wilson & Co. Braniff Airways tied to American Tobacco. Royal Typewriter to Lithon. William J. Levitt & Sons bought by ITT with Sheraton and Rayonner assets.
MENTIONED IN THIS ARTICLE
Fotardy
Swinehart
Federal Trade Commission
U.S
FTC
Bureau of Economics
Willard ¥. Mueller
Congress
Nicholas Salgo
Bangor Punta
Washington
Continental Baking Co
Wonder Aready
International ‘Telephone & ‘Telegraph. Co. Arts
Paramount Pictures
Gulf & Western Corp
P Lovillard Co
Tobacco
Loew's ‘Theatres
Tne
Wilson Sporting Goods Co
Ling-Temea Vought Corp
LTV
Wilson & Co
Braniff Informational Airways
Sunshine Bisewill
American Tobacco Corp
Royal Typewriter Co
Lithon Industries
William J. Levitt & Sons, Inc
ITT
Shersalon Corp. of America
Rayonner, Inc
Schenley Industries, Inc
Glen Alden Corp
Also Mentioned on This Page
Theodore Roosevelt
McLaren
Wilbur D. Mills
Ark
House
Ways and Means Committee
Mills
Hiz
Assi
Atty
Gen
International Telephone & Telegraph
JET
Ling-Temenj
Vought
LIV
Textron, Inc
Litton Industries
Hig
Rade
T Hat
Promi
General Motors
ATE
Emelomerates
Arstest
Paul C. Cabot
State] Street Investment Corp
Boston
Jim Fiske
Jay Gould
Florida
Wility Holding Company
Conglomerate
James Joseph
Jimmy” Ling
Ling
W.T. Grimm & Co
Chicago Financial Consulting
Wa and Means Committee
Wimm
Lee Swinehart
G&w
Pan Am
Sinclair Oil
Allis-Chalmers
Armour
United Fruit Co
Inglomep
Electric Department
Water, Gas & Electric Departments
Unite States
Danville
Virginia
Teudio
Pontiac Bonneville
Ward
B&al
Fuquay Pontiac, Inc
Union St
Danville, Virginia
Dial
Biog
Ergers
Callahan
Watson St
Stokesland — No. Main
Franklin Turnpike
Wooding Ave
Five Forks
Member
Federal Deposit Insurance Corporation
Downtown
Ballou
Riverside
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!