Word: giant
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Dates: during 1990-1999
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PARIS, FRANCE The Champs Elysees At midnight, 24 giant Ferris wheels, one like a snowball, will turn --Free --1 million expected...
...time mergers still aim at a degree of diversification. But small firms almost always combine with others in the same industry. That, of course, frequently means mergers of direct competitors or potential competitors, like Personify and Anubis. But while trustbusters may try to stop such a merger between two giant competitors or at least attach onerous conditions, they are almost sure to ignore combinations of little competitors. It is difficult to imagine a combination the size of Personify-Anubis or Gresham-Open resulting in a significant reduction of overall competition...
Another difference: giant mergers often aim at reducing costs by consolidating operations, and this almost invariably involves large layoffs. But the non-titans usually want to expand where they overlap. As with Personify and Anubis, "a lot of times a company will buy another company just because it means acquiring good employees," says Jason McCabe Calcanis, editor and CEO of the Silicon Alley Reporter, a magazine that tracks digital media...
...next stop was a big supermarket in Maryland, just outside Washington. Giant Food is a chain here, kind of like PathMark in the Northeast or Winn-Dixie in the South. It had organic carrots for my gravy and organic half-and-half for my red smashed potatoes. But I couldn't find many of the other organic products I needed to be genetically pure...
...turkeys! At 79[cents] per lb., the fresh ones were a terrific bargain. (The not-quite-as-good frozen ones were even cheaper, 39[cents] per lb.) But had the birds fed on engineered grains? I called Giant's p.r. guy to ask. "We wouldn't know," he told...