Word: mergerer
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...incumbents voted on this move last term, specifying that planning efforts should occur this year to smooth the school merger...
...scholarly but combative Klein, who stands 5 ft. 6 in. in his running shoes, appears to be an unlikely David to Microsoft's Goliath. He came under heavy fire last April for granting unconditional approval to Bell Atlantic's $23 billion merger with NYNEX, a deal that created a giant with 39 million phone lines from Maine to Virginia. But Klein, a music buff whose eclectic tastes run from Ray Charles to Puccini, takes no predictable view on enforcement either. He simply picks his targets as he sees them. "I'm not an ideologue or a crusader," he says...
...open up their markets. "It's a torpedo under the waterline of efforts toward real competition," Hundt says. "Congress's intent to introduce competition was twisted by the judicial machinations of incumbent monopolists--both local and long-distance telephone companies." Hundt doesn't see the potential GTE-MCI merger as being particularly friendly to consumers. "By our count, GTE has filed 23 federal court actions challenging the pricing decisions of 23 state commissioners," he complains...
...dilution. But WorldCom's share increased 10% last Thursday and finished trading at $37.95 a share on Friday, up $1.63 for the week. "The more we looked at the numbers, the more we were shocked at how positive [an MCI deal] was," says Sidgmore. Among other advantages, a merger would give WorldCom control of an estimated 60% of all U.S. lines to the Internet, ensuring that it would have the capacity to carry the volume of data--from E-mail to video clips--that Sidgmore sees as the key to growth in the telecommunications industry. Sidgmore and Ebbers spotted their...
Markets are sweetened by Columbus Day merger madness (TIME Daily...