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"We really ought to diversify and buy George's company. George is a very fine fellow."
"We really ought to diversify and buy George's company. George is a very fine fellow."

"We really ought to diversify and buy George's company. George is a very fine fellow."

Artist (American, 1900 - 1974)
Date1954
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 7 3/4 × 8 11/16 in. (19.7 × 22 cm) Sheet: 7 3/4 × 8 11/16 in. (19.7 × 22 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.2184
"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"
"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"
Alan Dunn
1954
"You told her, Gus - Don't bore Sylvia and eat your potatoes! Naomi, I ought to warn you there's ice cream - wine, dear, Naomi and George have no wine - I must apologize about the plumbing - I do wish the neighbors wouldn't go to the john while I'm giving a dinner - more limas, dear? - Limas, Sylvia? - Gus, more limas? - Duffy, do go on about Perry and what were his rubbers doing in the ice box -."
"You told her, Gus - Don't bore Sylvia and eat your potatoes! Naomi, I ought to warn you there's ice cream - wine, dear, Naomi and George have no wine - I must apologize about the plumbing - I do wish the neighbors wouldn't go to the john while I'm giving a dinner - more limas, dear? - Limas, Sylvia? - Gus, more limas? - Duffy, do go on about Perry and what were his rubbers doing in the ice box -."
Alan Dunn
1948
"By George, you've got to hand it to him. This really wraps it up!"
"By George, you've got to hand it to him. This really wraps it up!"
Alan Dunn
1953
No caption (sign in auto show room "You Ought to Buy Now")
No caption (sign in auto show room "You Ought to Buy Now")
Alan Dunn
1958
“That’s all very well, old fellow, but have you ever thought where you will be if deflation comes?
“That’s all very well, old fellow, but have you ever thought where you will be if deflation comes?
Alan Dunn
1944
"I don't remember Verona very well. I guess I didn't buy anything there."
"I don't remember Verona very well. I guess I didn't buy anything there."
Alan Dunn
1969
"I got it straight from my hairdresser who has a customer whose husband knows a man who works for the very company in Canada- "
"I got it straight from my hairdresser who has a customer whose husband knows a man who works for the very company in Canada- "
Alan Dunn
1956
"Very well, Madam, buy an all-metal if you wish, but I still picture you in a four-poster."
"Very well, Madam, buy an all-metal if you wish, but I still picture you in a four-poster."
Alan Dunn
1930
"Men, we're all a part of the greatest amphibious operation in history, and, believe me, this is a scene we here topside will never forget. I wish you fellows could see it - the sky dark with planes, our planes, and the water dotted to the horizon with craft of every description..."
"Men, we're all a part of the greatest amphibious operation in history, and, believe me, this is a scene we here topside will never forget. I wish you fellows could see it - the sky dark with planes, our planes, and the water dotted to the horizon with craft of every description..."
Alan Dunn
1944
"Just to make things even-Stephen, we ought to invite Eisenhower and Leonard Hall."
"Just to make things even-Stephen, we ought to invite Eisenhower and Leonard Hall."
Alan Dunn
1955
"May I suggest Senator, that perhaps we should offer the whole five and a half billion dollars to Mr. Stalin to buy off Communism itself?"
"May I suggest Senator, that perhaps we should offer the whole five and a half billion dollars to Mr. Stalin to buy off Communism itself?"
Alan Dunn
1948
"After tracing through this maze of holding companies, we find that Conglomerate is owned by none other than Conglomerate itself!"
"After tracing through this maze of holding companies, we find that Conglomerate is owned by none other than Conglomerate itself!"
Alan Dunn
1963