Word: mergers
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Dates: during 1970-1979
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...Harvard-Radcliffe relationship is something you will hear a lot about this year, usually in terms of "merger." When someone talks about merger they are primarily talking about equal admissions or some alternative, because the admissions office is virtually all that is left of Radcliffe. The last time the relationship between the two institutions was negotiated, in 1969, Radcliffe retained only the title over its property and endowment. Radcliffe agreed to turn over to Harvard 100 per cent of its income from tuition, rents and its endowment, in exchange for Harvard's assuming the total expense of Radcliffe's operation...
...inequities have been common. Some workers have discovered that after years of service to an employer they had somehow failed to qualify for benefits. Others found that changing jobs or being put on layoff could deprive them of their benefits. The disappearance of a company through collapse or merger, or the bankruptcy of its pension fund because of inept or corrupt management (some pension officers have been known to lend money to friends or relatives at low interest) could leave veteran workers with little retirement income or none. In one celebrated pension catastrophe, when the Studebaker auto factory in South...
...addition, topics for discussion at the center will include the Harvard-Radcliffe non-merger merger, coordination of women's groups in the Harvard Houses and problems of being a woman at Harvard...
...German immigrant who acquired a German-language daily in New York in 1890; though Ridder owns the New York Journal of Commerce, its other properties are located in Western states. Says Bernard H. Ridder Jr., 57, who would continue to run the papers as a Knight-Ridder subsidiary: "The merger logic is simple. We have a good geographical fit, and there's no conflict in circulation...
Other brokerages also are scrambling for survival. Last month, Blyth Eastman Dillon broke off merger talks with Paine, Webber, Jackson & Curtis, then promptly closed ten of its 55 branch offices and fired 350 employees. Hayden Stone Inc. and Shearson, Hammill are preparing for a merger by Labor Day; reports are circulating on the Street that as many as 1,000 employees will be laid off. Perhaps 100 other firms are talking merger, and the best guess as to how many more Big Board brokerages will merge or liquidate by the end of the year...