“George Mason’s invitation to Packard to join AMC was lost in Packard’s and Studebaker’s rush to embrace. Mason knew about the negotiations, but gamely showed up at East Grand to make a formal presentation to Nance and Ferry. At its conclusion, Nance promised to take Mason’s offer to his board. But since Mason was not allowed to pitch his case before the directors, his grand dream of uniting all four Independents was clearly dead. The board postponed action on Mason’s proposal and instead discussed what transpired during the two meetings at Lehman Brothers. Not until a month later, at a special May meeting called to wrap up the details of the Studebaker merger, did Packard’s board turn Mason’s invitation down.”
— James A. Ward, The Fall of the Packard Motor Car Company (1995)
RE:SOURCES
- Ward, James A.; 1995. The Fall of the Packard Motor Car Company. Stanford University Press, Stanford, CA: p. 50.
Also see ‘Did the 1956 Packard Executive represent a strategic shift?’
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