The easy air of an old-fashioned family reunion surrounded the 58th floor of a Wall Street skyscraper last week. There, stockholders of Atlas Corp., at the first annual meeting ever held in Manhattan,† ate ham sandwiches from a nearby buffet.
Chairman Floyd Odium waved gaily at familiar faces. Everybody relaxed under Odium's charm and talked of the Big Deal, Atlas' purported merger with Kaiser-Frazer, which had kept Wall Street and Los Angeles abuzz for three months. Now they expected to hear all about it from the master financier.
But the more Odium told them, the less they were sure they...