Word: mergerer
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After Ridge tried and failed to push through his border-control merger, Bush warmed to the idea of taking on the bureaucracies directly by creating the new Homeland Security department to pick off some of their functions. "Let's take something away from all of them," he told aides. The White House is now practically boasting about the tangle Ridge got into trying to reorganize one single branch of the varicose Homeland Security structure. "When Tom Ridge had to call a meeting, he needed a conference room," says Hughes. "There were so many different people...
...1990s, investors didn't want to let Tyco's improbably high reported growth rate of nearly 40% spoil their fun. Before last week's free fall, Tyco shares (with dividends reinvested) had still gained almost 400% in the decade since Kozlowski took over and turned the company into a merger machine, according to Harvard Business School associate professor Robert Kennedy. Along the way, Kozlowski snapped up electronics manufacturer AMP, security firm ADT and medical-products maker U.S. Surgical...
...merger of biology and digital technology gathers pace, it will generate debates as heated as the one now under way over human cloning. Mitchell predicts in a future much farther off than Kurzweil's a change in "what is meant by 'we'? As we become more mechanized and machines become more lifelike, the difference between living systems and machines will narrow. 'We' will eventually include machines...
...worked. The relationship between consumers and music has changed, and the record industry must find ways to adapt. EUROPEAN BUSINESS Merging Just Got a Little Easier Breaking up might still be hard to do, but two landmark cases by E.U. courts just made getting together in cross-border mergers easier. First the European Court of Justice radically restricted "golden shares," which permit governments to control privatized companies by blocking decisions like takeovers. The E.U.'s second-highest court then overturned the European Commission's 1999 decision to stop a merger between Airtours (now renamed My Travel) and First Choice...
...monumental merger between Radcliffe College and Harvard University in October 1999 left many problems unsolved...