Another rumor, this one from the November 23, 1959 edition of Automtive News:
S-P Eyes Oliver
Studebaker-Packard is holding discussions which may lead to the biggest acquisiition of the firms diversifiction program - the purchase of the Oliver Corp's farm-equipment business.
The boards of S-P and Oliver met last week to hear reports on the negotiations and approved continued "exploratory conversations."
The deal reportedly would see S-P exchanging common stock and cash for four Oliver plants in the farm equipment business.
Well, we know this didn't go anywhere, but interesting to see what Stude was thinking at the time.
S-P Eyes Oliver
Studebaker-Packard is holding discussions which may lead to the biggest acquisiition of the firms diversifiction program - the purchase of the Oliver Corp's farm-equipment business.
The boards of S-P and Oliver met last week to hear reports on the negotiations and approved continued "exploratory conversations."
The deal reportedly would see S-P exchanging common stock and cash for four Oliver plants in the farm equipment business.
Well, we know this didn't go anywhere, but interesting to see what Stude was thinking at the time.
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