In 1962, Smith Corona changed its corporate name to SCM Corporation and adopted the tribar SCM logo. In 1967, SCM purchased the Allied Paper Corporation for $33 million. The new paper-making division was named SCM Allied Paper. In the same year, SCM also merged with The Glidden paint company. Glidden was reorganized as the Glidden-Durkee division of SCM. One reason for this merger was that Glidden saw SCM's bid as a "White Knight" bid in preference to an alternative offer from Greatamerica Corporation in Dallas, Texas and General Aniline & Film of New York. In its turn, the acquisition put the (now much larger) SCM itself beyond the reach of any potential hostile bidders of the time. It was also hoped that Glidden's research into paper coatings would be useful in SCM's copier business.