Word: mergerer
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From coeducation, to co-residency, to the official merger in 1977, many said Radcliffe's role in the lives of most undergraduate women has been steadily diminishing...
...finance the development of less-fortunate economies. At home he would want to do something about Microsoft, since he had been passionate about monopoly from the moment he entered politics. Although no single trust a hundred years ago approached the monolithic immensity of Mr. Gates' empire, the Northern Securities merger of 1901 created the greatest transport combine in the world, controlling commerce from Chicago to China...
...merger raised the usual outrage about media concentration, with a dose of cultural xenophobia thrown in. But it comes at a time when the entire industry is struggling. While more titles are being published (68,000 in 1996), hardcover sales of adult trade books slipped nearly 7% from 1996 to 1997, and overall sales dropped 3.4%. Under corporate ownership, the cultural appeal of books began to give way increasingly to bottom-line considerations. Media czars, expecting books to yield the same 15%-to-20% profits as their other content businesses, have become impatient with their publishers' balance sheets, which seldom...
...YORK: You still can't buy stocks at the ATM. But the move toward one-stop, convenience store-style financial services just turned to a stampede with the announcement Monday of the $70 billion Citicorp-Travelers Group merger -- the biggest ever...
...Although it presupposes the dismantling of the Depression-era Glass-Steagall Act separating banks and other financial institutions, the merger looks to be a pretty neat fit. "Travelers is the investment and insurance side, Citicorp is still mostly traditional banking," says FORTUNE writer Nelson Schwartz. "There's not a lot of overlap, so there shouldn't be a lot of layoffs." Investors are voting with their wallets: Citicorp's stock price was up 34 points (not a typo) after midday; Travelers jumped 10. Merrill Lynch, Lehman, DLJ? All up, having suddenly become attractive as future acquisitions (or aquisitors...