Word: megadollar
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Dates: during 1981-1981
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...Salomon Bros.-Phibro agreement continues the pattern of recent megadollar mergers on Wall Street that began with Bache's acquisition by Prudential Insurance and the American Express takeover of Shearson Loeb Rhoades. The combined Salomon Bros.-Phibro firm, though, will not be going after new customers for credit cards or insurance. It will be making corporate deals on an unprecedented worldwide scale...
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