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...Montgomery Ward & Co. scotched weeks of Wall Street rumors that it was a ripe-and-ready takeover target by announcing plans for an acquisition of its own. Robert E. Brooker, chairman of the Chicago-based retailing and mail-order giant, said Ward would buy Los Angeles' MSL Industries Inc. for some $90 million in securities as a first step toward building "a substantial manufacturing complex." MSL last year rang up $116 million in sales of industrial fasteners, plastics and other products, earned $6.4 million-which is just the sort of tonic Ward can use. Suffering from tight pressure...

Author: /time Magazine | Title: Mergers: The Acquisition Front | 5/19/1967 | See Source »

Strauss's attack was triggered by VW's request that the government relax tax measures that were instituted to ward off a potential deficit in the national budget. Turning the company's complaint around, Strauss charged that the carmaker has come up with little in the way of innovations that might spur the German economy out of its deflated state...

Author: /time Magazine | Title: Germany: Bugging the Beetles | 5/19/1967 | See Source »

...Then "she" suddenly awakens to the universe outside her door. Alongside the development lives a colony of bedraggled ragpickers who subsist on the refuse of their privileged neighbors. One of them "she" recognizes as her husband's college classmate. "She" befriends him and his blind ward, a little girl whose wild, wandering eyes make her a creature of special desperation. Embarrassed by the fall of his onetime classmate, "he" crushes the few hesitant attempts of the ragpicker and his wife to create a friendship...

Author: /time Magazine | Title: Cinema: Oriental Antonioni | 5/5/1967 | See Source »

...also manages to spend as many as three days a week -- even when the House is in session -- in his home district, which is 65 per cent Negro. Unlike Powell, who generally stays away from his constituents, or Rep. William Dawson of Chicago, who is the archtypal ward leader, Conyers is personally involved in his supporters' social and economic problems. Once a week he holds office hours for his voters on a first-come, first-served basis. When he is away, he has a corps of social workers at work for him. In addition, he has by now travelled...

Author: By John A. Herfort, | Title: John Conyers Jr. | 4/28/1967 | See Source »

...onetime metallurgy professor at the University of Michigan, Frey joined Ford in 1951 to get practical experience. He speaks Russian and French, likes opera, follows archaeology as a hobby, and reads the London Times Literary Supplement as avidly as Ward's Automotive Reports. So professorially engrossed is he in his work that when Boss Henry Ford II tapped him for his new job, Frey forgot to ask whether it meant a pay raise. So far, it hasn...

Author: /time Magazine | Title: Autos: The Thinker (Detroit Style) | 4/21/1967 | See Source »

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