Word: mergers
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
With only two weeks left before the Cambridge school committee is set to vote on the consolidation of several of the city’s 15 elementary schools, Superintendent of Schools Bobbie J. D’Alessandro presented two new merger plans yesterday morning and resurrected one from last spring...
...Alessandro’s new plans, announced to a morning meeting of principals and parent representatives, come in the wake of a series of merger proposals that have sparked protest from parents and teachers...
...school system has entered turmoil over the past few months as picketing crowds have spoken out against merger plans and the school committee has decided not to renew—and potentially even “buy out”—D’Alessandro’s employment...
...appears, however, that they did not intend to work together for long beyond their goal of merging their firms. In HP's proxy fight to acquire Compaq, several institutional shareholders voted for the deal because of a recommendation by Institutional Shareholder Services, a proxy advisory firm that blessed the merger; it gave its approval partly on the assumption that "key managers from each company will assume important posts after the merger." Explains Patrick McGurn, general counsel for ISS: "We were left with the impression that we were getting two leaders for the price of one. There was never a time...
...that if he resigned from the merged firm within a year, he would receive a lump-sum payment--worth a previously agreed-to $14 million--within 10 days of his departure. When he left, he also received $1.6 million as part of a loan-forgiveness plan. After the merger, his employment contract was not renegotiated to entice him to stay...