Word: mergers
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Dates: during 1990-1999
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...local services. That means one bill for all five services; consumers will also be allowed to choose the package that fits them. Further, telecom analysts say that the long distance market is in need of some new blood to fuel competition in the wake of the MCI-Sprint merger. Eventually there may be only a handful of major firms offering all these services, but from a consumer choice standpoint we're clearly better off than we were in the days of Ma Bell...
Even in this gilded era of unsurpassed profit for biotech and pharmaceutical conglomerates, one company always struck analysts as something of a black sheep. The Monsanto Company, whose subsidiary Searle makes the wildly successful arthritis drug Celebrex, has been casting around for a merger partner for over a year, and now, executives say, the search is over. Monsanto will merge with Pharmacia & Upjohn, joining the ranks of other mega-merger firms like Astra-Zeneca and Rhone-Poulenc-Hoechst, to form a corporation worth about $52 billion. Why did it take so long for Monsanto to find its mate...
...fever pitch in Europe this year. And lately, American consumers have shown signs of rebelling against products such as Monsanto's modified seeds, which are at the heart of the company's agribusiness. Those inklings of dissent were enough, apparently, to make up executives' minds: They would complete a merger and quickly cut the agribusiness free from the rest of the company, letting it fend for itself. That amputation, execs hope, will leave Monsanto and Pharmacia & Upjohn's pharmaceuticals division to take the market by storm - unhindered by bad publicity...
...grateful for people like Sachs, because without them, it might be slightly more difficult to convey the level of absurdity that currently defines gender politics at Harvard. In the wake of the Harvard-Radcliffe merger, all of the requisite interest groups have taken to the streets, and it has become high-season for lofty symbolic gestures and self-righteous posturing...
Dean Lewis described the Radcliffe merger as the culminating moment in the "normalization of women's status as undergraduates at Harvard." It's time for "women's issues" to undergo a similar process of normalization...