British Syndicate To Acquire Control Of White Star Line
New York April 23.—(AP)—The famous White Star fleet of trans-Atlantic liners, including one of the world’s largest ships, the Majestic, probably will pass to the control of British interests, who have submitted an offer for the line to the International Mercantile Marine corporation. The transaction, it is understood. will involve approximately $35,000,000 and will eventually place the White Star ships under the operation of the Cunard Line, although the Furness-Withy interests also were reported to be bidders.
Directors of the Marine Corporation considered the offer today, but J. H. Thomas, vice president, announced after the meeting that there were no developments which called for comment.
