Word: mergerer
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Talk about saving the best for last. In 1998's final session of the Microsoft trial , Judge Thomas Penfield Jackson conceded what Microsoft has been saying for weeks: That the merger of AOL and Netscape could represent "a very significant change of the playing field" which "could very well have an immediate effect on the market." Jackson agreed to let Microsoft review the documents submitted by the merging companies to the Justice Department for approval, and also said he might allow Microsoft to request additional documents from AOL and Netscape to assist in its defense. "It is a major victory...
When Citicorp and Travelers in October 1998 closed what was then the largest merger in history, creating a $751 billion financial colossus, a piece of unfinished business kept resurfacing like a bad odor amid the celebrations and predictions of imminent world dominion. This was the so-called Salinas affair, the curious tale of how a resourceful Citibanker named Amy Elliott helped Raul Salinas move some $100 million into untraceable accounts owned by offshore "trusts" that were in turn owned by dummy corporations in the Cayman Islands...
Mobil, by dint of its huge cash flow, was always able to offer a steady stream of dividends, and Union Camp rewarded shareholders with a greater than 4% yield before the merger. But in a stock market mad for the kind of raw growth delivered by the likes of Cisco, Intel and America Online, both Mobil and Union Camp seemed like vestiges of a capitalist era past...
...current format of the Pudding, celebrated as "traditional" and linked erroneously to a 150 year history, was actually only solidified in the mid-1970s at a time when all-male Harvard felt threatened by an influx of lower class and non-white students and was beginning a reluctant merger with Radcliffe. The current form was one of protest, in which cross-casting moved from a reluctant necessity to the central tenant...
Even as Microsoft stands bloodied in the courtroom following weeks of less-than-stellar testimony, one state is calling off the dogs. Citing the Netscape/AOL merger as proof that the open-to-all Net will keep the world safe for competition, South Carolina Monday took its name off the list of 20 states suing Microsoft for antitrust. "I can no longer justify our continued involvement or the expenditure of state resources on a trial that has been made moot by the actions of the competitive marketplace," said state attorney general Charlie Condon...