Word: mergers
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Dates: during 1970-1979
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...most notable change involved the first hesitant steps toward the on-again, off-again merger of Egypt and Libya. While Waldheim was in Damas cus, where he got an unexpectedly cordial reception from Syria's government heads, Egypt's President Anwar Sadat was closeted at his country home, 50 miles north of Cairo, with Libya's mercurial strongman, Colonel Muammar Gaddafi. Sadat had just concluded a jet-propelled, hush-hush tour of his own to two oil-rich neighbors and Syria. With Saudi Arabia's King Feisal and the Emir of Qatar, Sadat had discussed...
...merger plan that Sadat and Gaddafi announced last week fell far short of the Libyan leader's proclaimed goal of immediate union. Instead of a long-promised binational referendum that would declare "merger day," the agreement provided for a series of inching steps, certain to be slow, although no timetable was set. Egypt and Libya were to form a mixed Assembly, with 50 members from each nation, to draft a constitution. They will exchange resident ministers and establish a higher planning council. They will also issue a new currency-the Arab dinar-but only for transactions between their...
...projected merger, along with Sadat's eastern agreements, inevitably diminished any hope that Waldheim might have had for a softening of attitudes in the Middle East. By the time he reached Jerusalem, he found that Israel's position was also hardening. This week Israel's ruling Labor Party is expected to adopt a hawkish program, originated by Defense Minister Moshe Dayan, for economic penetration and development of occupied territories on the West Bank of the Jordan and in the Sinai desert-which even some Israelis protest is "creeping annexation...
After some financial wheeling and dealing that enables the paper to survive for a few years, The Crimson and its rival, The Advocate, began to discuss the possibility of merger. But the older Advocate haughtily rejected the idea, and The Crimson decided, on June 28, 1882, to publish as a weekly...
...Herald had quickly taken a vigorous approach to the news, challenging the older Echo. When the Advocate spurned The Crimson's merger offer, the Herald gladly accepted...