Word: cellularly
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Dates: during 1990-1999
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Steven A. Grand, having just finished a business deal over his cellular phone, said his career as a Swatch dealer based in New York depends more on volume sales than on collectibles...
...instead of debt and the partners exchange handshakes instead of lawsuits. Typical was last week's $4 billion agreement for financial conglomerate Primerica to acquire the 73% that it does not already own of Travelers, the insurance company. So too were AT&T's $12.6 billion deal for McCaw Cellular in August and the $6 billion merger agreement between drug firms Merck and Medco last July. "These deals are boring," says a disgruntled veteran of the '80s. "Today, you actually have to sell the stuff on the fundamentals" -- how well companies fit together...
Joyce E. Bischoff, assistant professor of cellular and molecular physiology at the Medical School, reported in Nature two weeks ago that a protein known as E-selectin plays a role in binding blood cells together to form the smallest blood vessels, capillaries...
Nowhere is Murdoch rushing ahead more rapidly than in Europe, where his expansion of BSkyB is part of a slew of new ventures. Partners include Britain's National Transcommunication Ltd., a research facility that will help him develop video compression, and Cellnet, a cellular-phone firm that will team up with British Telecom to work on Murdoch's electronic superhighway. At the same time, Murdoch is joining forces with German TV broadcaster PRO 7 to provide and manage satellite channels reaching 100 million potential viewers in Germany, Austria and Switzerland, starting next January...
...telephone giant goes cellular in a very...