Word: merger
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Dates: during 1990-1999
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...competitors are in their opening month or two: Details, a bratty, street- talking melange aimed at men in their 20s and early 30s; Men's Life, a smirky yet sentimental blend of National Lampoon and the Saturday Evening Post directed at fortyish suburban baby boomers; and M Inc., a merger of two prestigious but money-losing forerunners, Manhattan, inc. and M, that is meant, like its predecessors, for the well heeled and silver templed...
...Everyone has called it an annexation. We call it a merger...
...first quarter of this year after expanding rapidly. And the $640 million Universal Studios amusement park in Florida, which opened in June, has been plagued by technical failures. But MCA chairman and patriarch Lew Wasserman, 77, apparently believes MCA's biggest strategic shortcoming is its failure to find a merger partner that would enable it to compete with such giants as Fox Inc. and Time Warner...
...past decade. Sony's move into the more profitable entertainment industry thus presented a challenge to Matsushita. By acquiring music and movie companies, Sony gained control of the software that helps stimulate the market for electronic products. Matsushita had little choice but to do likewise. The merger faces one bothersome hurdle: while Matsushita has a cash hoard of almost $10 billion and no long-term debt, rising interest rates and a sagging Tokyo stock market may make financing the acquisition difficult. In Tokyo financial experts give the deal no more than a fifty-fifty chance of success...
Sensitive to the brewing backlash against Japanese investors, Matsushita officers are taking pains to characterize the MCA bid as a proposed "merger," a word with less aggressive overtones than "takeover." While many Japanese bureaucrats are uncomfortable about Matsushita's high-profile shopping trip, the government would not interfere with the acquisition of MCA. The Japanese know that in the 1990s hardware and software will go together like song and dance...