Word: mergerer
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...cards were so shiny they might have been minted that morning--and not so Fisher and Mack could go on a shopping spree at Sears. No. They had already been shopping in a much bigger store: the stock market. The cards were part of their quarry, a $10 billion merger with Dean Witter Discover that signals an interest in common folks unprecedented at Morgan Stanley since it split from the J.P. Morgan bank...
...Hilton/ITT combination would create the world's largest hotel-and-gaming company, with more than 650 hotels and 30 casinos from Las Vegas to Turkey to Uruguay. (Combined revenues: $8.5 billion, with ITT accounting for 77% of the total.) "This should be the merger of the century in the hotel-and-gaming industry," says Bjorn Hanson, chairman of the hospitality-industry practice at Coopers & Lybrand, an accounting and consulting firm...
Following its merger with BayBank, Bank of Boston will close its Harvard Square branch by the middle of the year, according to a news release issued by the Bank of Boston Corporation, also known as BankBoston...
...merger could spur copycat deals as competitors rush to keep up. Delta, in fact, has been squawking over plans by American Airlines to merge its transatlantic operations with British Airways. Delta, it seems, doesn't want too much airline capacity in the hands of anyone else...
That Loewen's shareholders will benefit, merger or not, is certain. The offer has bid up the value of their stock and, incidentally, of O'Keefe's settlement, which included 1.5 million shares. If SCI prevails at $45 a share, that stock will be worth $22.5 million more than was guaranteed in the settlement...