Word: merger
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...APPLE? THAT WAS the loudest buzz question in Silicon Valley last week, as insiders tried to guess the outcome of talks over the possible merger of two icons of the digital revolution. Apple Computer and Sun Microsystems, two vastly different companies, were haggling over the buyout of Apple even as an Apple executive insisted that their company was "not for sale." But it was. Last Tuesday, Sun was said to be offering $33 a share, about the price at which Apple is trading on the stock market, or roughly $4 billion. By Thursday, Sun was reportedly offering $23 a share...
...more, sometimes much more. For boosting the Magic Kingdom's stock price 28% and orchestrating a $19 billion merger (the second largest in U.S. history) with Capital Cities/ABC, Walt Disney CEO Michael Eisner took home a $14.8 million compensation package, outpacing his prior year's pay nearly 40%. Campbell Soup chairman David Johnson savored a raise to $6.6 million, a jump of 150%, as Campbell stock climbed more than 36%, to 60. After Rockwell International's stock price leaped nearly 50%, to 527/8, CEO Donald Beall pocketed a tidy $5.5 million, a 45% bump over '94. Charles Walgreen...
...remain independent. Although the company has not confirmed it, The Wall Street Journal reported that the embattled Michael Spindler has stepped down in favor of Apple board member Gil Amelio, who left his position as head of National Semiconductor Corp. Board members are believed to be leaning against a merger with Sun Microsystems. The tough-minded Amelio is a good choice, an executive adept at rebuilding battered companies. San Francisco Bureau Chief David Jackson reports: "A new CEO will have a better chance to rejuvenate the company. Amelio gets high marks from everyone for his ability to focus...
...rank with last summer's merger of Chase and Chemical, but when Starbucks Coffee takes over all Boston-area Coffee Connection stores by September, there will be sweeter reasons than a stock increase to celebrate...
...quarter, while IBM was showing a 41 percent profit for the same period, that caused its stock to drop 10 percent. "Apple Chief Executive Michael Spindler is going to look more and more like the little boy with the finger in the dike if he tries to stop a merger or takeover," says TIME's David Jackson. "Despite Markkula's denial, Apple must take drastic measures to survive. The smaller Apple's market share gets, and it's now at about 10 percent, the less appeal it has to software developers." As a result, Apple is finding it increasingly difficult...