Word: merger
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Dates: during 1990-1999
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...last week, Kohl won his coalition government's approval for talks with East Berlin on a monetary union that would make the deutsche mark the currency in both Germanys. He also set up a Cabinet-level committee to devise specific plans and legislation for political unification. Discussions on the merger would begin with the new East German government to be elected on March...
...just the sort of event that India and Pakistan fear could provoke a fourth war. There had been a huge rally in Sialkot, Pakistan, to mark a nationwide strike protesting India's crackdown on Muslims in the state of Jammu and Kashmir who are agitating for independence or merger with Pakistan. Afterward, about 4,000 people marched to the village of Suchetgarh and threatened to cross into India. Pakistani rangers tried to stop them, but 150 protesters pushed through, chanting anti-India slogans and setting fire to bushes and grass. Indian border troops warned the encroachers, then fired, killing three...
...Prime Minister Hans Modrow. Two days later, Modrow signaled that he too had finally read the handwriting on the collapsed Berlin Wall. "Germany should once again become the united fatherland of all the citizens of the German nation," he said. Modrow unveiled a four-step process for the gradual merger of the two Germanys' economies, legal systems and governments that closely paralleled the plan presented in December by West German Chancellor Helmut Kohl, except on one critical point. Modrow unequivocally called for a neutral Germany, demanding that both states "detach themselves" from their respective military alliances...
Cohen was determined to build a firm that would rival Merrill Lynch in size. In 1984 he orchestrated a $360 million merger between Shearson/American Express and Lehman Brothers Kuhn Loeb. That move catapulted Shearson into the immensely profitable investment-banking business. But signs of stress began to appear in the wake of the 1987 stock-market crash, when Shearson paid nearly $1 billion to acquire E.F. Hutton. Dozens of top-notch Hutton brokers defected to other investment firms. At the same time, the firm suffered dwindling business from individual investors, on whom Shearson was still heavily dependent. Cohen, meanwhile...
Even in a place and time known for excess, Jeffrey Beck, a "rainmaker" who drummed up merger deals for Wall Street's Drexel Burnham Lambert, stood out as one of the most colorful takeover specialists ever to don a power tie. Nicknamed "Mad Dog" for his courage under fire, he regaled friends with tales of his jungle-patrol days in Viet Nam. He talked of his Silver Star, two Bronze Stars and four Purple Hearts. He often told colleagues that he stood to inherit a multibillion-dollar fortune from the German brewery family of the same name...