Business: The Chessie's Merger Master


THE Chessie kitten, the sleepy mascot that has long graced the Chesapeake & Ohio Railway's letterheads and napkins, last week was sporting a Cheshire-cat grin. In one of the biggest, bitterest railroad stock duels in history, the Chessie bested the New York Central for control of the Baltimore & Ohio. The president of the C. & O., sharp-faced, birdlike (5 ft. 6 in., 125 lbs.) Walter Tuohy, 59, announced last week that 61% of the 3,100,000 shares of B. & O. stock are now in the Chessie's paws. For Tuohy, a railroadman with the farsightedness of the falcon...

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