Word: merger
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Hong Kong tycoon Richard Li seemed to be walking on air last March when he used his 10-month-old start-up, Pacific Century CyberWorks, to acquire the territory's dominant telecommunications company, Cable & Wireless HKT. The $35.9 billion merger was the largest in Asia outside Japan. Analysts fell over one another to issue buy recommendations on CyberWorks' stock, which they predicted would soar into the stratosphere. Whoops! Put a hold on that order. Six months later, analysts say the new firm's strategy of linking broadband Internet services to an Old World telco is no longer so compelling...
...Saturday morning the board of management of the Radcliffe College Alumnae Association (RCAA) voted to change its name in light of Radcliffe's merger with Harvard last year...
Much of the campaign's final fundraising efforts focused on endowing professorships and fellows for the fledgling Institute. Those donations were matched by Harvard as part of the Oct. 1999 merger...
Three years ago, Cambridgeport and Maynard were set to be merged, but the process was hotly contentious. One of D'Alessandro's first actions when she became superintendent was to call off that merger...
Feeley-Brooks has been in front of classrooms for 33 years. Before the merger, she says, morale at Maynard sunk as students' performance lagged and the school was overlooked for new initiatives...