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- The White Star Line was a wholly owned subsidiary of the International Mercantile Marine Company (IMMC) from 1902 until 19271. In 1927, the company was purchased by the Royal Mail group for £7 million2. In 1947, Cunard acquired White Star’s 38% share in the company and on 31 December 1949 the company had dropped the White Star name and was renamed Cunard Line3. White Star merged with its chief rival, Cunard Line, in 1934 and operated as Cunard-White Star Line until Cunard purchased White Star's share in the joint company in 19504. Cunard then operated as a single company until 2005 and is now part of Carnival Corporation & plc4.Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The White Star Line, the Oceanic Steam Navigation Company was, from 1902 until 1927, a wholly owned subsidiary of the International Mercantile Marine Company (IMMC).titanichistoricalsociety.org/international-mercantile-…In 1927 the company was purchased by the Royal Mail group for £7 million. It was an ill-timed purchase and the group, headed by Lord Kylsant, had insufficient funds to expand and maintain the fleet.www.titanic.memorial/content/page/whitestarline/In 1947, Cunard acquired White Star’s 38% share in the company and on 31 December 1949 the company had dropped the White Star name and was renamed Cunard Line.en.wikipedia.org/wiki/Cunard-White_Star_LineWhite Star merged in 1934 with its chief rival, Cunard Line, operating as Cunard-White Star Line until Cunard purchased White Star's share in the joint company in 1950. Cunard then operated as a single company until 2005 and is now part of Carnival Corporation & plc.en.wikipedia.org/wiki/White_Star_Line
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