Word: acquiree
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Like most big western companies, the British home-electronics retailer Dixons Group has closely tracked the rise of Russia's consumer market over the past few years, agonizing over when and how to jump in. This month, the company finally took the plunge, announcing a $1.9 billion deal to acquire...
Foreign firms, too, are vulnerable. Russian tax authorities recently slapped BP's oil joint venture in Russia, TNK-BP, with a $1 billion back-tax bill for 2001. The move has caused dismay at BP in London and prompted Chief Executive John Browne to schedule a trip to Moscow last...
Now, you might rationalize your posting this information for the world to see by saying something about how only the close-knit Harvard community can access your profiles. And you’re right: your secrets are safe with me. They’re also probably safe with all 6...
Recent laws requiring harsher health warnings on cigarette packages, a popular preoccupation with physical fitness and restrictions on smoking in many restaurants and offices do not make business easy for industry executives. It comes as no surprise, then, that tobacco makers are aggressively diversifying. Philip Morris and R.J. Reynolds, which...
Troubles for CBS may not be over. Wall Streeters suggest that Loew's chairman, Laurence Tisch, who has bought 12% of the company and last week became a member of the firm's board of directors, might try to acquire CBS himself or with some corporate raiders. Says Edward Atorino...