Word: mergers
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Dates: during 1990-1999
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Mary Maples Dunn became interim president of Radcliffe College yesterday as negotiators failed to reach a final merger agreement between the college and Harvard University before the initial July 1 goal...
Still, yesterday marked a presidential transition that many had hoped would not be necessary, and negotiators said they are pressing on with their attempts to complete the merger as soon as possible...
...recently as last week, Taylor and Wilson had said they hoped to have the legal merger document finished before Wilson's departure...
...legal department at Citigroup will be so relieved. The House of Representatives on Thursday night finally passed a bill that sweeps away the outdated taboos of the Depression-era Glass-Steagall Act. After a year of lobbying to protect its very existence ?- the epochal $70 billion merger between Citibank and Travelers Group last spring is technically against the law ?- the walls between banking, securities and insurance companies appear at last to be tumbling down...
...takes too much regulatory turf away from the Treasury Department. Now the negotiators take over ?- and Wall Street is salivating at the prospect of a deal. When Citigroup?s model of one-stop financial shopping becomes officially available to the rest of the corporate herd, get ready for a merger stampede; Merrill Lynch, Lehman and DLJ are all potential acquisitions (or acquisitors). And in the meantime, financial stocks may be a pretty good...