Word: mergers
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Dates: during 1990-1999
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...class, it's generally held that the answer to this last question is no--people choose the lucrative fields because they are lucrative. The belief is that no one in their right mind would argue that handling a merger and acquisition is as noble a contribution to society as is teaching...
...merger would be just the latest deal in a telecommunications free-for-all that was triggered by the February deregulation of the U.S. industry. A sequence of megadeals quickly followed, including Bell Atlantic's tying the knot with NYNEX and SBC Communications' purchasing Pacific Telesis...
...combo spells trouble for one company. "The merger doesn't bode well for AT&T," says Kevin Gooley, an analyst with Standard & Poor's. "It is going to make it much more difficult for them to compete internationally." Consumers could benefit because the merger will probably lower prices for international calls...
...problem too because these crimes are fast becoming the most egregious on Wall Street. The hot stock market is attracting con artists like ants to a picnic. In the bull market of the 1980s, big-shot investment bankers swapped secret merger information for suitcases stuffed with cash. Giuliani sent a couple of bankers to jail in his day. But many others walked. The result? Stocks still routinely shoot higher ahead of big merger news--a sure sign that the insider-trading problem is anything but licked...
...obscenity in movies and music, and on the crusade against Time Warner being led by Bill Bennett (who ended up on our "Most Influential Americans" list this year). This week we try to do a fair and honest job of looking at the strains caused by Time Warner's merger with Turner Broadcasting and at the bitter battles and strange alliances among the growing number of news outlets such as CNN, MSNBC and Fox. We initially failed to cover the Time Warner merger when it was announced seven years ago, but we learned our lesson quickly and tried to cover...