Business: Personal File: Dec. 1, 1961

· When he was named chairman of Allied Chemical Corp. (1960 sales: $766 million) two years ago, Harvardman Kerby H. Fisk, 58, had spent most of his career in the Prudential Insurance Co., knew little about chemicals. But Allied's board decided that the cool, analytical Fisk was the man to put some snap back into their company which for a decade had been falling behind Dow and Monsanto. Last week Fisk announced plans to swap $350 million in Allied stock to acquire Union Texas Natural Gas Corp., a major oil and gas producer whose output will guarantee Allied a supply of...

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