Word: mergerism
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...melding Hong Kong and Shenzhen, the report said, is to create a megacity that, by 2020, would surpass London and Los Angeles as an international economic juggernaut. It's a quintessentially capitalist solution befitting a quintessentially capitalist city. Need to grow to keep pace with competitors? Find a merger partner. "I think a closer relationship with the mainland is inevitable and by now is accepted by both sides," says Shiu Sin-por, a member of the Hong Kong government's Central Policy Unit...
...That merger has only intensified under the presidency of Laporta, a confirmed nationalist who requires all foreign players signed to the team to learn Catalan, and who has fashioned himself as an international ambassador of sorts. He even popped up, for example, at this year's Frankfurt book fair to promise that his team "would continue to be an instrument for Catalan culture." But his activism, coupled with Catalonia's demands for increased autonomy, has provoked conflicts with political conservatives who view the team's cultural involvement as one more portent of Spain's disintegration. Tuesday's declaration...
...conclusion that the person who drafted this letter needs counseling." Indian Hotels, he said, had proposed a friendly partnership in which each company would take an equity stake in the other, share expertise but remain independent. "At no time did we moot the the idea of a merger," Kumar says. White's letter, he says, "will go down as one of the most uncivilized exchanges of views between two companies in the 21st century." Its sentiments, Kumar says, reflect "an era that is now prehistoric...
Berlusconi's surprise announcement was in large part an attempt to respond to the fusion of the two largest parties from the ruling coalition into the newly christened Democratic Party, headed by Rome's popular mayor Walter Veltroni. But hope for any such similar merger on the center-right was quickly squashed by Berlusconi's purported allies. Leader of the second-largest opposition party, Gianfranco Fini, said Monday he wouldn't even consider uniting with Berlusconi under the new party. In general, disaffection with politics in Italy is running high. Berlusconi had once presented himself as an Italian version...
...back on regional flying and decrease capacity in the industry overall. But there are always obstacles. "The two speed bumps to anything are always regulatory issues and labor issues," says Swelbar. He says Delta's "non union environment" might make workforce integration easier for the airline in a merger. But there are also issues such as what to do with code shares, frequent flyer programs and combining computer systems that could also pose problems...