Word: mergers
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Dates: during 1970-1979
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...spirit of friendship, North Yemen's President Ahmed Hussein Ghashmi, 37, prepared to welcome an envoy sent by his South Yemen counterpart, Salem Robaye Ali, 43. Unknown to the visiting diplomat, however, his black leather briefcase, which actually contained Robaye Ali's proposals for a possible merger of the two states, had somehow been switched with one that contained a bomb. When the envoy opened the case in Ghashmi's office, the explosion killed both...
...Department was in no mood to be bluffed, even by troubled steelmakers, and talks dragged on and on in a months-long game of high-stakes political poker. Ever since last November, steel conglomerates LTV Corp. and Lykes Corp. have argued fiercely that the only alternative to their planned merger was Lykes' bankruptcy and the layoff of thousands of steelworkers. But antitrust officials objected that even the marriage of two money losers. LTV's Jones & Laughlin and Lykes' Youngstown Sheet and Tube, would reduce steel competition. In the end, it came down to a very close personal...
...Harbor mill, near Chicago, which could feed raw steel to Jones & Laughlin's Hennepin, Ill., processing plant and give the enlarged combine a fully integrated facility in the Middle West. While the two companies are complementary in some ways, they also have redundancies. LTV has promised that the merger savings will lead to profits, and with that as an objective, most steel people expect as a consequence that there will be some plant shutdowns...
Starting at five months, as the baby becomes alert and exploratory, the merger begins to break down. The baby's growing independence is tinged with uncertainty and loss. "Peekaboo" is a serious game; the baby toys with separateness without fearing that he or she will be abandoned. In "Catch Me," a separation game found in many cultures, the child creeps quickly away, looking back over its shoulder to make sure the mother is in pursuit. The child both wants to be caught and wants to escape...
Radcliffe also had to show "without embarassing Harvard" that its students were unfairly disadvantaged in the work-study program because of the legal technicalities of the "non-merger merger" between Harvard and Radcliffe. Finally, administrators mentioned to federal officials that Radcliffe students, in light of all the circumstances surrounding the work-study program, might have grounds for a class-action suit charging unlawful discrimination on the basis of sex--a suit that would embarass Harvard, Radcliffe, and the government. These arguments were enough for the Office of Education to dredge up an old regulation they decided applied to Harvard...