World Business: Marriages of Necessity

In its economic struggle, Britain's Labor Government for months has been urging various competing companies to unite in bigger and more efficient combines. It has met with considerable success. Some recent nuptials:

ΒΆ Leyland Motor Corp., the Commonwealth's largest producer of heavy trucks, last week made an apparently successful $70-million bid to buy the Rover Co., whose Land Rover sales have been hit by Japanese competition. With 70,000 employees and $840-million-a-year revenue from 10% of the passenger-car and 25% of the commercial-vehicle markets, Leyland-Rover would become Britain's No. 3 automak er, after British Motor Corp. and Ford. Though the marriage seems...

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