Word: mergers
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Dates: during 1970-1979
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...acquisition of Hartford Fire Insurance Co. nearly four years ago has long been a financial and political cause célèbre. It was the biggest merger in American corporate history, and has been the subject of furious controversy concerning the circumstances under which the Justice Department settled an antitrust suit that had sought to break up the combination. Last week, after the dispute had finally faded, the Internal Revenue Service suddenly revived it.The IRS had paved the way for the merger in the first place by ruling that the insurance company's owners did not have...
Karl Strauch, professor of Physics and chairman of the committee, said yesterday the 17-member committee won't finish its work until next spring, but that it will make tentative recommendations this fall on merger and other issues...
...recent merger of Harvard and Radcliffe athletic facilities resulted in a male sports director and female assistants. "Men do not understand our developing ideology of sports," maintains Roann Costin, captain of the Radcliffe swim team. "We want to develop a program where women do compete highly and do train vigorously, but we can't do that without more time in the pool, more boats to row and more adequate coaching." When the women's ice hockey team of Colby College in Maine was formed two years ago, players were allotted two practice periods...
...Strauch group--named after its chairman, Karl Strauch, professor Physics--is studying the relationship between Harvard and Radcliffe in preparation for merger talks next year...
...decision to contribute to the Radcliffe College fund is not contingent upon any particular stand on the merger versus non-merger issue. If you think Radcliffe should remain a separate institution, then dollars and cents are the insurance needed to maintain and strengthen her present status and to develop the retained functions into the hard-core of a vital women's college. If you favor merger then it must be clear that Radcliffe cannot effect an acceptable liaison with Harvard unless she has some solid footing, particularly in the realm of women's education where Harvard...