Word: merger
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...fortune favors the brave, it can also favor the cunning and prudent. Faced with losses from Sky of nearly $4 million a week and beset by British Satellite Broadcasting, a well-financed but smaller competitor losing four times as much, Murdoch this month negotiated a merger ofthe rival TV ventures on highly favorable terms. The result: a virtually certain monopoly for the service, projected profit as early as 1992 and -- most important to fretful financial analysts -- an immediate $300 million improvement in the cash flow of News Corp., which has suffered an advertising slump in all its markets. Says media...
Once America's flagship carrier, Pan Am has lost $2 billion over the past decade. After two fruitless years of seeking a buyer or merger partner, the airline has begun to raise cash by selling off its prize assets: international routes. Last month the carrier agreed to sell its U.S.-to-London routes to United for $400 million. Still trying to sell off its Northeastern shuttle, Pan Am is fast running out of marketable assets...
...Justice Department has urged the Federal Reserve Board to reject Simon's latest deal on the ground that it would substantially lessen competition among Hawaii's banks. In its application, First Hawaiian, which has 58 branches, said it would sell three offices outside Honolulu once the merger was approved. Bank officials had hoped the step would help eliminate antitrust objections to the purchase of First Interstate. Even if the Federal Reserve ultimately approves the merger, Justice could go to court to block the deal...
...pages, much the fattest of the entries, but it was able to draw on the articles stored up by both its parents. In looks the merger retains more of M, but, as the first issue's cover signals, the sensibility is pure Manhattan, inc. It proclaims POWER BROKERS in letters 1 1/2 in. high and names 11 of them (10 men and Madonna). Inside is an almost nonstop stream of gossip, scuttlebutt and awestruck praise about the rich and famous, including 65 miniprofiles of such figures as financier Michael-David Weil and Hollywood superagent Mike Ovitz. The prose is burnished...
...dissolution of communist East Germany and its voluntary merger with the Federal Republic was a political event with no modern precedent. It was also a mighty spectacle as millions of Germans celebrated with beer and wine in places with evocative names like Unter den Linden and the Brandenburg Gate...