Mergers: From Food to Films
"I suppose," says Nathan Cummings, "that there isn't a week that goes by that I don't look at somebody's business." Cummings, who will turn 70 this fall, is a Canada-born, Chicago-based connoisseur of fine art and fine companies. His Consolidated Foods Corp. (TIME, June 24) has made corporate acquisitions and become a food-industry behemoth, with sales last fiscal year of $830 million. Last week Cummings announced the result of his latest look into somebody else's business. Consolidated agreed on a merger in which, for $140 million in stock, it will acquire United Artists Corp.
Long...
Email, Password or Region is incorrect
A required form parameter was missing.
The System is currently down. Please try again in a few minutes.
Email Address is invalid
Password is blank
Most Popular »
- Your Turn, Canada: A Second-By-Second Look at Jeremy Lin Lighting Up Toronto
- Love Ever After: A Valentine’s Day Special
- Linsanity Heads East, Linfects China and Taiwan
- Can Jeremy Lin End The MSG/Time Warner Cable War?
- After Whitney Houston, Musicians Say: I'm Afraid
- Move Over, Pajama Jeans: Dress-Pant Sweatpants Have Arrived
- Music: White Lies and The White Stripes
- Top 10 Famous Love Letters
- Roving the Red Planet
- Rick Santorum Wants to Fight 'The Dangers Of Contraception'
- Beirut: Where Valentine's Day Belongs to Another Kind of Saint
- Europe's Deep Freeze: Why Climate Change Is Not (Entirely) to Blame
- Under Armour's Big Step Up
- Archaeology in Jerusalem: Digging Up Trouble
- The Power of Make-Believe
- Russian Kids in America: When The Adopted Can't Adapt
- What Happens When We Die?
- How Not to Raise a Bully: The Early Roots of Empathy
- Burning Desire For Freedom
- Friends With Benefits




