Word: mergers
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Dates: during 1990-1999
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...bound to be international. Nine years ago, Hilton's international properties were sold and are now owned by Ladbroke's, a British gambling concern. Bitter disputes followed, especially after Hilton began opening overseas hotels called Conrad. Both companies could benefit from a joint marketing agreement, if not a merger...
WASHINGTON, D.C.: A federal transportation board approved the formation of the country's largest railroad company Wednesday despite opponents' claims that the merger of Union Pacific and Southern Pacific would force out competition in the 25 states the two railroads serve. With the completion of the deal, just two railroads, the combined UP-FP and the Burlington Northern-Santa Fe, will control more than 90 percent of all freight traffic west of the Mississippi. Several smaller railroads had opposed the merger, and federal regulators had called the deal "the most anti-competitive rail merger in our history." But Union Pacific...
WASHINGTON, D.C.: A federal transportation board approved the formation of the country's largest railroad company Wednesday despite opponents' claims that the merger of Union Pacific and Southern Pacific would force out competition in the 25 states the two railroads serve. With the completion of the deal, just two railroads, the combined UP-FP and the Burlington Northern-Santa Fe, will control more than 90 percent of all freight traffic west of the Mississippi. Several smaller railroads had opposed the merger, and federal regulators had called the deal "the most anti-competitive rail merger in our history." But Union Pacific...
...Doles have always endured good-natured ribbing about the antitrust implications of so powerful a merger as theirs, but those barbs seemed real when Dole was named Gerald Ford's running mate in 1976. Mrs. Dole took a leave from the ftc to campaign for him, and returned to her job after Carter's victory. She resigned in 1979 when her husband ran for the 1980 election, and campaigned vigorously for Ronald Reagan after Dole dropped out. Some feminists have criticized her for suspending her own career to help her husband's. Her response: "What we women fought...
...merged company will be called Packard Bell NEC and be led by Packard Bell's CEO Beny Alagem, who said he expects the company to go public within two years. The deal builds on NEC's previous investments in Packard Bell, including the help it provided in a February merger of Packard Bell and Zenith Data Systems. Some analysts expect the company to consolidate its operations because of the complications that would arise from selling computers under three brand names: Packard Bell, NEC and Zenith. Terence Nelan