Word: mergers
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Dates: during 1970-1979
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Although the agreement will have little effect on undergraduate life it is a step toward solving the merger issue which should have been answered many years ago. Radcliffe's continued existence is important to provide support for undergraduate women. In addition the Radcliffe Institute and similar programs for women's studies are potentially useful and with a more concentrated interest they may well grow further in importance. We hope that some of these programs may also become available to undergraduates...
...merger makes sense. Because of rocketing wage costs (up 40% in two years to $6.33 per hour) and excessive absenteeism rates (as high as 20% on any given day), Sweden's cars are being priced out of the world market. The merger will strengthen the Swedish auto industry by combining Volvo and Saab sales forces, distribution setups and parts supplies abroad. It will also enable Saab and Volvo to bring out a hew line of models, presumably based on a synthesis of Saab's sporty front-wheel drive design and Volvo's vaunted safety features...
...marriage broker was Swedish Banker Marcus Wallenberg, whose powerful family holdings include control of Saab-Scania. Said Wallenberg of the merger: "It's good for the workers, good for the companies and good for the country." Just about everyone seemed to agree. Since no jobs will be lost, even Sweden's sometimes contentious unions expressed no opposition...
Horner and Bok both say they are "pleased" with the new arrangement. The cloudy "non-merger, merge" deal made in 1971 caused endless headaches for both of them--especially Horner, who as the new president of Radcliffe College, did not know if she was coming or going...
Horner added that many alumnae strongly objected to a complete merger and want Radcliffe to maintain some control over the instruction of women...