Word: mergers
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Dates: during 1970-1979
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Speaking of the non-merger scheduled to go into effect next year between Radcliffe and Harvard, she said, "I am the last person to play down the significance of a signed contract, but it is not past or future formal agreements that this joint service symbolizes for me so much as an unusually fine day-by-day working relationship...
...Delta is looking north. It recently agreed to merge with troubled Northeast Airlines and is awaiting word from the Civil Aeronautics Board, which industry insiders believe will grant approval. At first glance, the advantage to Delta of such a merger is not entirely obvious. Northeast is as weak as Delta is strong. The Boston-based airline has had only one moneymaking year in the past 15, and has been serving barely half the New England and Middle Atlantic cities for which it is certified. Citizens of some of those towns regard Northeast's presence as a mixed blessing...
Northeast also has a buried treasure of other routes that it never had the money to exploit fully. They stretch from Montreal, Boston, Philadelphia and Washington to Miami. The most important prize that the merger will bring, according to Delta Chairman Charles H. Dolson, is Northeast's right to fly the heavily traveled New York-Miami route. "Now," he says, "we can compete with Eastern...
...Italy, where women are known more for their success in the kitchen than in the countinghouse, the world of high finance has long been considered the preserve of males. Now, because of the publicity accompanying the merger of two giant real estate companies, Italians have become aware that a woman, Anna Bonomi-Bolchini, is giving their country's top financial wizards a real run for their money...
...longtime president Luigi Bruno. She did not let sentiment stand in the way; she used the 100,000 shares of La Centrale stock that he had sold her at a bargain price a decade earlier when his daughter married her son. For last year's real estate merger, she bought up shares of SACIE's parent company, a conglomerate called SAFFA, until she had control...