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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Oct 21, 1969
Page
8
American Motors Corp announced on Monday it plans to acquire Kaiser Jeep Corp. The purchase would likely push AMC’s annual sales beyond $1 billion due to government contracts. The estimated cost uses the current value of AMC stock and totals about $80 million.
Brig. Gen. Earl F. Cole, deputy chief of staff for personnel in Vietnam, was recalled to Washington as Senate hearings probe irregularities in enlisted men clubs. He reportedly linked to Crum, Higdon, and the alleged Khaki Cosa Nostra network involved in club kickbacks and embezzlements.
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