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Word: mergers (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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LONDON: The corporate marriage of the century is off. Citing "insurmountable differences" in management philosophy and corporate culture, British pharmaceutical giants SmithKline Beecham and Glaxo Wellcome have stopped negotiations on what was to be the biggest merger ever, creating a single company worth around $164 billion...

Author: /time Magazine | Title: Bad Drug Interaction | 2/24/1998 | See Source »

...according to a SmithKline spokesman, Glaxo tried to change the terms of the tentative deal announced Jan. 30 -- a deal that was then sweet enough for SmithKline to call off a merger with American Home Products Corp. No word on whether those two will reunite, but Monday's breakup had a Glaxo spokesman sniffing, "We're not actively looking for another merger partner." Glaxo's and SmithKline's stock price both soared with the first announcement; on Tuesday, the stocks had plunged a combined 14 points by midday...

Author: /time Magazine | Title: Bad Drug Interaction | 2/24/1998 | See Source »

More important, the Northwest-Continental link may represent the end of an era of chaos that began with deregulation in 1978. Midsize carriers such as U.S. Airways are viewed as ripe for merger. "In a mature industry, if you want growth you have to acquire your neighbor or form an alliance," explains Kevin Murphy, an analyst at Morgan Stanley, Dean Witter, Discover. "And that's what they've done...

Author: /time Magazine | Title: Allied Air Force | 2/9/1998 | See Source »

Business Bytes The bulls are running on Wall Street; good Asian news and talk of a drug merger had the Dow up near 200 in afternoon trading. The merger? Only the biggest ever. Get the numbers anytime, by index or stock by stock

Author: /time Magazine | Title: The Front Page | 2/2/1998 | See Source »

...circuses scam?" On the contrary, I believe Americans went into sports mania willingly and with their eyes wide open. There is a human need, perhaps especially in a culture that routinely pits each against all in a relentless competition for parking spaces and aisle seats, to achieve the ecstatic merger with the mass represented by the wave or the chop. Besides, if this is the old Roman bread-and-circuses ploy, someone seems to have left out the bread...

Author: /time Magazine | Title: Hey--You With The Cheese On Your Head | 1/26/1998 | See Source »

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