Word: mergers
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Dates: during 1990-1999
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...pain. Though the numbers (stock points, profit margins, etc.) by which investment bankers make decisions are amoral, the decisions they make can determine whether working people have the jobs that allow them to feed their families and whether communities thrive or atrophy. The investment bankers and consultants guiding the merger of Mobil and Exxon into one great leviathan seem little concerned with the 9,000 factory workers expected to be left jobless as a result...
...Number of merger-related job cuts during the first 10 months...
...Number of merger-related jobs lost during...
...management deserve a second chance? Put Dunlap in charge of a bloated company in trouble, and I'd buy the stock. (I'd also sell it within a year.) I also believe Henry Silverman, CEO of the marketing firm Cendant, will fix things in the wake of a disastrous merger with CUC International. His may be the ultimate display of agility. Silverman is selling chunks of the company he built, which is now worth more in liquidation than its value in the market...
After Washington, Wilson began the majority ofher presentations by first warning that shewould--and could--share only the slimmest ofdetails about the negotiations with Harvardregarding a possible merger...