Distributions Pursuant to Orders Enforcing the Antitrust LawsU.S. Government Printing Office, 1959 - 399 pages |
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acquired amendment antitrust laws automobile basis BICKS bill Board capital gains CHAIRMAN chemical Chevrolet Christiana Clayton Act coated fabrics competition competitors Congress contract DALLSTREAM decree Delaware Department of Justice distributing corporation district court divested stock divestiture dividend divisions Donaldson Brown du Pont family Duco earnings and profits effect eral Motors Ethyl Fabrikoid Finance Committee finishes Fisher Body Frigidaire GREENEWALT Holding Company Act income Internal Revenue Code investment Irenee du Pont Judge LaBuy Kettering Lammot du Pont legislation LENZ letter LINDSAY manufacture ment Motors Corporation Motors stock neoprene nonrecognition of gain ordinary income percent Pierre Pont Company Pont stock Pont stockholders Pont's Pratt President proposal Pyralin Raskob relief requirements Securities sell Senator FREAR Senator GORE Senator KERR Senator WILLIAMS shareholders shares Sherman Act Sloan substantial supplier Supreme Court testified tetraethyl lead tion United States Rubber
Popular passages
Page 97 - Commission shall acquire the whole or any part of the assets of another corporation engaged also in commerce, where in any line of commerce...
Page 63 - Broadly stated, the bill, in its treatment of unlawful restraints and monopolies, seeks to prohibit and make unlawful certain trade practices which, as a rule, singly and in themselves, are not covered by the act of July 2, 1890 or other existing anti-trust acts, and thus, by making these practices illegal, to arrest the creation of trusts, conspiracies, and monopolies in their incipiency and before consummation.
Page 39 - This section shall not apply to corporations purchasing such stock solely for investment and not using the same by voting or otherwise to bring about, or in attempting to bring about, the substantial lessening of competition. Nor shall anything contained in this section prevent a corporation engaged in commerce from causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or extensions...
Page 2 - ... at least 80 percent of the total combined voting power of all classes of stock entitled to vote, and at least 80 percent of the total number of shares of all other classes of stock (except nonvoting stock which is limited and preferred as to dividends...
Page 63 - such stock by the voting or granting of proxies or otherwise, may be...
Page 2 - controlled corporation') which it controls Immediately before the distribution, (B) the transaction was not used principally as a device for the distribution of the earnings and profits of the distributing corporation or the controlled corporation or both...
Page 3 - The order of the Securities and Exchange Commission must be one requiring or approving action which the Commission finds to be necessary or appropriate to effect a simplification or geographical integration of a particular public utility holding company system.
Page 1 - Whether or not the distribution is pro rata with respect to all of the shareholders of the distributing corporation.
Page 54 - That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital of another corporation engaged also in commerce, where the effect of such acquisition may be to substantially lessen competition...
Page 33 - ... may be to substantially lessen competition between the corporation whose stock is so acquired and the corporation making the acquisition, or to restrain such commerce in any section or community, or tend to create a monopoly of any line of commerce.