Word: mergers
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Dates: during 1970-1979
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...President--designate will assume Bunting's duties this June. The new president will also become Dean of Radcliffe in the Faculty of Arts and Sciences under the new non--merger plan...
...matter. John Dunlop is, of course, much better aquainted than I am with the particular aspects of the Faculty's budget, but the deficit has been steadily growing, and it may be greatly augmented by the expected deficit of more than $750,000 at Radcliffe resulting from the new merger agreement...
...matter. John Dunlop is, of course, much better aquainted than I am with the particular aspects of the Faculty's budget, but the deficit has been steadily growing, and it may be greatly augmented by the expected deficit of more than $750,000 at Radcliffe resulting from the new merger agreement...
Muscular Giant. The American-Western merger was negotiated last fall by Spater and Kirk Kerkorian, the Western board chairman, more on the grounds of convenience than necessity or public interest. Spater contended, however, that the merger would generate $50 million in new annual profits-$22 million in increased revenues and $28 million in cost savings. Yet some CAB economists predict a $20 million burden of cost increases on the merged carrier...
American and Western have already laid out nearly $1,000,000 in legal fees and lobbying for the merger. Naturally, their competitors are dead set against the merger and have engaged in some vigorous lobbying themselves. "If the merger goes through," warns Continental Air Lines President Robert Six, "the muscle of this giant would ruin the smaller carriers, and they will desperately seek a merger partner and get out before they are overrun and overcome...