Word: merger
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Dates: during 1990-1999
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That's understandable. The deal will create a chain of 1,100 outlets in 47 states and 10 foreign countries. Fuente and Staples CEO Thomas Stemberg denied that a merger would lessen price pressure on the thousands of items, from pushpins to personal computers, on which the two often clashed. But analysts viewed the deal positively for exactly that reason. The combined companies would control about 10% of the $150 billion U.S. office-supply business, or about three times the slice held by No. 3 OfficeMax...
...correctly anticipating the deregulation of the telecommunications industry. Kiewit then spun off its 40 million shares of MFS to employees last year. The biggest winner was Kiewit CEO Walter Scott Jr., whose 16 million shares of MFS were worth around $750 million as a result of the WorldCom merger...
...professor is also alleging that a younger doctor, Roger Jenkins, 45, maneuvered to get his position during the merger...
...said, however, that he didn't think the merger had much to do with Monaco's case...
...merger was just used as a smokescreen, probably had very little to do with it," said Madras