Word: warded
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STRINGER by WARD JUST 199 pages. Atlantic-Little, Brown...
...could be asked about his book and his character's situation. The reader will find himself wavering between conflicting assessments: the story is really a disturbing piece of surrealism or it is a neat con job. The compromise view-that the book is a bit of both-leaves Ward Just (author of The Congressman Who Loved Flaubert, an excellent collection of several stories published last year) as one of several promising American writers now creeping up on the big novel...
...LEONARD WARD...
...last year has tried unsuccessfully to buy the CNA insurance business and even the Ringling Bros.-Barnum & Bailey circus. Last week Mobil Oil went it one better by announcing plans to make a tender offer for 51% of the stock of Marcor Inc., the parent company of the Montgomery Ward retail chain and Container Corp., a packaging giant...
...perhaps, Marcor Chairman Leo Schoenhofen reacted coolly. In a terse ten-line statement, he said: "Marcor's management is not in a position to reach any judgment regarding the proposal." Marcor was formed in 1968 largely for the purpose of fending off takeover bids. The managements of Montgomery Ward and Container were both fearful of such attempts, so they agreed to merge into a company big enough to be beyond the reach of most takeover types, while keeping the managements separate. The arrangement has worked well: last year, Marcor's sales rose 21% and its profits...