Business & Finance: Mergers: Jul. 16, 1928

Tendency to merge, consolidate, combine, acquire, reorganize, was last week illustrated by:

Crackers, Cookies. National Biscuit Co., world's largest biscuit makers, announced that plans were virtually completed for it to acquire control of Christie, Brown & Co., Ltd., biggest makers of crackers, cookies, cakes and puddings in Canada. Basis of the deal: one share of National Biscuit common stock for two shares of Christie, Brown common.

Hats. Cavanagh-Dobbs, Inc. (fine hats) purchased Sunfast Hats, Inc., of Danbury, Conn., with the idea of adding lower-priced hats to its family.

Bonds. C. F. Childs & Co., oldest U. S. house specializing in government bonds, with offices...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!