Word: mergers
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Dates: during 1980-1989
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Under the agreement, Philip Morris will pay $120 apiece in cash for 47.3 million shares of General Foods. At some $5.7 billion, the merger is the largest ever outside the oil industry. Moreover, the deal will give Philip Morris annual sales of about $23 billion, making it the biggest consumer- products firm in the U.S. Said General Foods Chairman James Ferguson: "We are convinced that Philip Morris' offer is in the best interests of our shareholders." In June, General Foods stock was trading at about...
Rumors of a merger between the largest American cigarette company and one of the biggest food-and-beverage firms had been wafting through Wall Street for months. Even so, the terse statement from General Foods early last week that it had received an "unsolicited telephone proposal" for a merger with an unidentified partner sent the company's stock from $84.88 to $110.25 in just three days...
Prior to the Harvard-Radcliffe merger in 1977, men and women voted separately for their respective class marshals. The current system allows seniors to vote for both women and men candidates or either...
...integration and merger of Harvard and Radcliffe has certainly gone as well or better than I had anticipated," Jewett said...
Ever since, Jewett has been synonymous with Harvard admissions. His tenure at the admissions office also saw the continued maintenance of need-blind admissions (in which students are accepted no matter their financial status), he also led the admissions office through what he called the "integration and merger of Harvard and Radcliffe...