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I was tempted. I think in the end I would have declined. I'm not a heavy industry
type person, and GE was very deep into military contracts and heavy industry. I think there
is a culture in General Electric that can be characterized, perhaps a little cruelly, if it's made
of iron and painted grey and bolted to the floor, it's a product for GE. The background from
which I came was anything but that.
Right. Were there any other acquisition offers from anyone else other than GE to buy the
stock of CBS?
None that I recall. At this time, there were some that I tried to initiate --
-- unsuccessfully. What?
I flirted -- or I didn't flirt -- I had some direct conversations with IBM, and there
was real interest at IBM at that time. But their lawyers felt that the Department of Justice
would probably block it and we didn't press it beyond that point.
Was this also in the fifties?
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