Business & Finance: Mergers, Acquisitions

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PIERRE WERTHEIMER Rabbits, horses, perfumes. from Manhattan to San Francisco, from. Toronto to Mexico. He returned to France the following year, became a member of the firm. A distributing company was formed, in Manhattan. Bourjois grew to be the third largest manufacturer of perfumes in the world. Pierre Wertheimer, within the last few years, has given more and more interest to breeding race horses at his 14th century barony in the Gironde district, to hunting at his lodge 100 miles from Paris. Cinema. With $1,600 saved from the cloak & suit business William Fox bought his first theatre in 1904. Last week he called himself the world's largest operator of cinema houses. He cited figures. He had just added a new group of 40 independent theatres in and near Manhattan, with annual profits of $5,000,000, seating capacity of 280,000. Acquisition of this new group, called Fox Metropolitan Playhouses Inc.. may bring Fox gross business in 1929 to a total of $135,000,000, Fox sealing capacity to 700,000. To fortify further his position as "biggest" William Fox gave out figures for 1930. By then, 1,000,000 persons will be ushered to seats nightly in Fox theatres. By then, 20 new theatres, for which land has been already chosen, will be erected. Whiskey. The Fisher brothers of Detroit are everywhere at once. Last week rumor put their money in Canadian whiskey, in a merger which will form the world's largest distilling company. U. S. capital, perhaps Fisher, is heavily invested in Hiram Walker-Gooderham & Worts Ltd., which controls more than half of Canada's whiskey. Last week dickerings went on between Walker and two other large Canadian whiskey producers. Consolidated Distilleries Ltd., Brewers & Distillers Ltd. Sir Edward Mackay Edgar, British banker, recent guest in Canada and the U. S., was believed to have been the intermediary.

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