Word: jointing
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...with any great conflict, the takeover attempt and the expected bidding war signals deeper strategic shifts. For years, Beijing pushed foreign companies into joint ventures with Chinese partners. The results were often disastrous for both sides. But as the Communist Party has slowly put its stamp of approval on privatization, it's become easier for foreign companies to buy into state enterprises such as breweries. Sensing new possibilities, SABMiller, owner of the Miller brands, gambled that Beijing might actually tolerate its unprecedented takeover gambit. If it works, "a lot of investors will try to steal a similar march on rivals...
...past, high-profile foreign attempts to get a piece of this action have ended in failure. Early flops included Fosters' (the company pulled out of a joint venture in 1999, with a loss of more than $125 million) and Becks' (the company left China soon after). Those that stayed have shifted strategies. SABMiller doesn't produce its top brands, Miller Lite and Miller Genuine Draft, in China. Instead, it buys into Chinese breweries and helps them upgrade. A-B produces Budweiser in central China and has turned it into one of the country's best-known foreign beers; it also...
...most violent reaction against the Project was expressed by Senator John O. Pastore (D-R.I.), vice-chairman of the Joint Committee on Atomic Energy...
...already offers joint degree programs with the School of Public Health and the Kennedy School of Government, while HBS offers a joint degree program with the Law School...
...then assumed a post as a psychologist at State Hospital in Northampton, Mass. before enrolling in a joint M.D./Ph.D. program at the University of Connecticut and Yale Medical School, where he also became a fellow at the Yale Department of Psychiatry’s Child Studies Center...