Word: mergers
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Dates: during 1970-1979
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...that date, the merger between the Harvard and Radcliffe admissions offices will take effect, and the red-on-white sign in the Byerly reception room, which now sports diverging arrows for the separate offices, will be obsolete...
...merger of the two admissions others was recommended as part of the move to equal access admissions, approved this spring by Harvard and Radcliffe the Strauch Committee, which made the recommendations, suggested that only one dean of admissions be named...
...Gaulle, computer logic was politically straightforward: France, he insisted, must develop a home-grown computer industry capable of competing with the American giants, particularly IBM. For nearly nine years the French government followed his Plan Calcul. Last week France abandoned its pursuit of that chimera and approved the merger of the Compagnie Internationale pour I'lnformatique, a 24% government-controlled computer company, with Honeywell Bull, the Paris-based subsidiary of the U.S. computer maker Honeywell...
...share of the French market. By contrast, even with massive infusions of government capital, CII never made money, and its share of the French market remained below 10%. In early 1973, a major CII stockholder, the Compagnie Generate d'Eléctricité (CGE), began lobbying for a merger with Honeywell Bull. As orders for the first quarter of 1975 lagged 75% behind CII's projections, the government gave...
Political Storm. In France the merger has touched off a political storm. Communists called the deal "sabotage," and Gaullists termed it a "deception." Nonetheless, the deal promises to relieve a drain on the public budget; CII may have chewed up as much as $500 million in government funds over the past 8% years. A purely European solution, like a full merger with Philips of The Netherlands and Siemens of West Germany, would have left the French in a decidedly minority position and without access to the American market, which its marriage with Honeywell Bull now promises...