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Over the Wire

Curtiss Wright, Atlas Merge

NEW YORK--The merger of the $60,000,000 Curtiss Wright Corporation and the Atlas Corporation, largest investment company in the world and valued at $105,000,000 was announced tonight.

Described as "unique in the history of finance" by Floyd B. Odlum, President of Atlas, the merger will increase the capital of the airplane company by approximately $36,000,000.

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