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...institutional shareholders voted for the deal because of a recommendation by Institutional Shareholder Services, a proxy advisory firm that blessed the merger; it gave its approval partly on the assumption that "key managers from each company will assume important posts after the merger." Explains Patrick McGurn, general counsel for ISS: "We were left with the impression that we were getting two leaders for the price of one. There was never a time when Capellas said to us that he was hedging his bets...
...enjoy the full hops and the satisfying, rich taste of my ber ofchoice.the ammber ale iss fulll-bodded, but jn6h8;’j8l i says hel:l no!......Wooo! Beeeer...
...bottom line. "Personalities make this contest more sexy for public consumption," says Ram Kumar, senior analyst for Institutional Shareholder Services, who has heard the stump speeches of both sides. "We try to confine ourselves to logic." Kumar's rationale counts more than most. Next week the influential ISS will mail a widely awaited report to pension funds and other big holders of HP stock. Because the family foundations opposing the merger control 19% of HP shares, Fiorina needs around two-thirds of institutional investors on her side...
...launch gods cooperate this Saturday, a rocket will blast off from the Baikonur Cosmodrome in Kazakhstan and loft a Soyuz capsule into space. A day or so later, the capsule will rendezvous and dock with the International Space Station (ISS)--thus earning a place in the annals of space history. For aboard that Soyuz craft, along with two Russian cosmonauts, will be a 60-year-old American millionaire named Dennis Tito. Amateurs have flown in space before--including three U.S. congressmen, a Russian politician, a Japanese TV reporter and a Saudi prince--but Tito will be the first paying tourist...
...privilege of spending quality time in orbit. The original plan was to send him for a visit to Russia's aging Mir space station. But when Mir took a controlled dive into the Pacific Ocean earlier this spring, the Russians insisted that he be allowed aboard the ISS instead...