Word: mergers
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Dates: during 1990-1999
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...real intense competition," says Jonathan Weiner, a professor at the Johns Hopkins School of Public Health in Baltimore, Maryland. "In many ways, even those not enrolled in U.S. Healthcare benefited in some degree." For the company, which has been an East Coast powerhouse among health-maintenance organizations, the merger offers ready access to all 50 states...
...have criticized the many millions of dollars of profits ceos of U.S. Healthcare and other for-profit managed-health-care companies have made." Leonard Abramson, the founder of U.S. Healthcare, whom Compton hails as a "visionary genius," stands to pocket some $920 million in cash and stock from the merger--not bad for a guy who drove a cab to put himself through pharmacy school. Last week Abramson boasted, "We intend to set the standard against which all health-care companies will be measured...
...start noticing little mouse footprints soon. Along with Roseanne, two other ABC shows--Boy Meets World and Step by Step--have traveled to Disney's Orlando theme park to tape episodes this year. Producers of the shows and network officials insist that these trips were not related to the merger or to one another, pointing out that such on-location episodes usually do well in the ratings. Of course, they're not bad for company image either (Disney World has script approval of all programs shot there; among the verboten scenes are any that reveal human beings inside those Mickey...
Chairman Eisner and his No. 2 executive, former Creative Artists Agency chief and legendary dealmaker Michael Ovitz, have so far kept a low public profile and declined all interviews. But their hands have been evident in a number of major moves since the merger. One of Ovitz's former colleagues at CAA, Michael Rosenfeld, has been hired as an entertainment-division senior vice president, and more personnel shake-ups are expected, particularly after a disappointing season in which ABC fell to a weak No. 2 in the ratings--and third in the important February sweeps, the same month the merger...
...supportive," says Capital Cities/ABC president Robert Iger, who runs the TV, radio and publishing operations from New York. Iger points out that most of the big moves attributed to Disney--including the recently announced plans to launch a 24-hour cable news channel--were in the works before the merger. He acknowledges, however, that the news channel might not have happened without Disney's deep pockets and aggressiveness: "It would have been a tougher sell with [former Capital Cities/ABC chairman] Tom Murphy...