Word: merger
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Dates: during 1990-1999
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...largest for-profit health services company in the world just got bigger. The Federal Trade Commission today approved a merger between the nation's two largest hospital chains, first-ranked Columbia/HCA and second-ranked HealthTrust Inc., taking the rapid consolidation of American health services to a new level. The new $15 billion behemoth will have 320 hospitals and more than 100 outpatient surgery centers in 36 states, England and Switzerland. HealthTrust becomes a wholly-owned subsidiary of Columbia/HCA, which was founded just 8 years ago by chief executive Richard Scott. The companies claim that by combining, they will be better...
...Merger to Create Megabank...
...Japan's leading commercial banks, the Bank of Tokyo and Mitsubishi Bank, announced that they were discussing merger plans expected to lead to the creation of the world's biggest bank next year. Said a bank-stock analyst: "It's like marrying the two most beautiful people in the world." The new behemoth, with $823 billion in assets, would be 50% larger than the current biggest bank, Japan's Sumitomo, and would dwarf America's top-ranking Citicorp, with its mere $250 billion in assets...
McArthur will never be far from Harvard in the next few years as he oversees the merger of Brigham and Women's Hospital and Massachusetts General Hospital. Despite McArthur's long shadow, the University should not hesitate to seek out a dynamic leader who can catapult HBS to preeminence again...
Rindge and Latin, which has won six statetitles since the 1977 merger of Rindge Tech andCambridge Latin schools, will return startersJoseph and Frank Wilkins next year...