Word: mergerism
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GERALD LEVIN, former Time Warner chairman, taking the blame for the 2000 merger with AOL--"the worst deal of the century, apparently"--which cost shareholders billions of dollars...
...Bush Administration shifted its focus back to battling insurgencies in Iraq and Afghanistan. But in the past two years, al-Qaeda in Yemen began to regroup, spurred by the dramatic 2006 prison break of its leader Naser al-Wahishi and 22 other members. Early this year, Wahishi announced a merger between his organization and al-Qaeda's Saudi branch to form al-Qaeda in the Arabian Peninsula - a move that caused the U.S. director of national intelligence to note that Yemen was "re-emerging as a jihadist battleground and potential regional base of operations for al-Qaeda." With a base...
...stomach kicked out by a bunch of overpaid waiting staff," said another, Aoin Douglas of Liverpool. Cabin crew at BA typically earn more than those of any other British airlines and twice as much as those of rival Virgin Atlantic. (Read "Will the British Airways and Iberia Merger Lift...
...merger now would give U.S.-focused Hershey an international presence to compete with powerhouse rivals such as Mars Inc., which recently merged with Hershey's would-be suitor Wrigley. It would also give Hershey a firmer foothold to compete in the chewing-gum market, since Cadbury owns a number of brands, including Trident, Dentyne and Chiclets...
...long-term consequences of such a merger will weigh heavily on the trust-board members since they must consider how it will affect their bottom line far into the future. Outbidding Kraft for Cadbury would force the company to take on a mountain of debt, analysts say, which could damage Hershey's strong credit rating. And raising that money could force the company to issue new stock, potentially diluting the control the trust enjoys...