Leisure: There Is Nothing Like a Game

Having won nine National Basketball Association championships in the past ten years, the Boston Celtics are naturally the prime target of any team in the league. Now the Celtics have finally been taken—but not by an N.B.A. rival. The taker is P. Ballantine & Sons, the big Newark-based brewer (estimated 1967 sales: $90 million). Ballantine paid a Manhattan real estate investment company some $4,000,000 for the team.

In today's rush to diversify, nothing attracts corporations more than recreation. Recent takeovers have included those by Chicago's Victor Comptometer of the company that makes Daisy BB guns, by Cleveland's "Automatic" Sprinkler Corp....