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| | TIME.com: Moving In on Dassault -- Jun. 20, 1977 -- Page 1 |
 | | Aircraft Manufacturer Marcel Dassault, 85, reputedly the richest man in France, always has been philosophical about the fate of the company he founded. |
 | | The government of President Valéry Giscard d'Estaing announced that it was taking a 34% participation in Avions Marcel Dassault-Breguet Aviation (1976 sales: $1.2 billion) without compensating the company's two owners, Dassault and his 52-year-old son, Serge. |
 | | For the time being, at least, Dassault will remain in charge of his empire, including Jours de France, one of the most profitable of French magazines, Château Dassault (a Saint-Émilion vineyard) and a variety of electronics companies. |
| www.time.com /time/magazine/article/0,9171,915058,00.html (707 words) |
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