NASH and Hudson are secretly dickering to merge. The deal, involving assets of $320 million, would be the biggest auto merger since Chrysler bought Dodge in 1928. Reason for the move: the two independents think that it would help them cut costs and strengthen their sales organizations to meet intense competition expected from autos' Big Three in 1954-55. One possible bar to the merger: among Hudson's biggest stockholders is Queen Juliana of The Netherlands, who with other Dutch shareholders was able to block a purchase eight years ago by Detroit's Fisher Bros.
COLUMBIA Broadcasting System is showing off a new compatible...
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