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The Mill-Pack people would have backed out of that merger like a bear out of an active bee-tree.... You know what the situation really was, don't you?" She shook her head. "I know Mill-Pack wanted to get control of the Premix Company, and Lane refused to go in with them. I don't fully understand his reasons, though."
I might add, for what it's worth, that this Stephen Gresham you mentioned is Mill-Pack's attorney, negotiator, and general Mr. Fixit; he has been trying to put over this merger for Mill-Pack." "I'll bear that in mind, too," Rand said. "Naturally, all this is not being shouted from the housetops," Tipton continued. "Fact is, it's a minor infraction of ethics for me to mention it to you."
So sweet, in fact, that one of the really big fellows, National Milling & Packaging, has been going to rather extreme lengths to effect a merger. Mill-Pack, par 100, is quoted at around 145, and Premix, par 50, is at 75 now, and Mill-Pack is offering a two-for-one-share exchange, which would be a little less than four-for-one in value.
They got Stephen Gresham to negotiate it for them, and he was just on the point of reporting it to be an impossibility when Fred Dunmore came to him with a proposition. Dunmore said he thought he could persuade or force Mr. Fleming to consent, and he wanted a contract guaranteeing him a vice-presidency with Mill-Pack, at forty thousand a year, if and when the merger was accomplished.
"They weren't important; they were mainly verbal, and unrelated to actuality," Rand said. "The important thing is that he did refuse, and Mill-Pack wanted that merger so badly that it could be tasted in every ounce of food they sold.
Both of you had a motive in this Mill-Pack merger that couldn't have been negotiated while Fleming lived. One or the other of you may be guilty; on the other hand, both of you may be innocent." "Then who...?" Varcek had evidently bet his roll on Dunmore. "There is no one else who could have done it." "The garage doors were open, if I recall," Rand pointed out.
"Now we have Dunmore with this .36 Colt, loaded with powder, caps and bullets from the ammunition supply in the gunroom, waiting for a chance to use it. And also, he has this Mill-Pack contract in his safe deposit box at the bank. That takes care of the weapon and the motive; only the opportunity is needed, and that came on the 22nd of December, when Mr.
And, finally, my connection with this business brought that merger to my attention, and I picked up a hundred shares of Premix at 73-1/4, and now I have two hundred shares of Mill-Pack, worth about twenty-nine thousand, which I can report for my income tax as capital gains. I'd say I could afford to treat myself to a few old pistols for my collection." "Well!" She raised both eyebrows over that.
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