Word: mergers
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Dates: during 2000-2009
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...Brits' intentions are clear. The two companies took pains to win the confidence of credit-rating agencies: Standard & Poor's, Moody's and Fitch all affirmed their A-rated debt. And in announcing the merger, National Grid CEO Roger Urwin said he plans to "deploy the combined resources and financial capacity of National Grid Transco [the merged company] to take advantage of opportunities in the liberalizing energy markets abroad, in particular extending National Grid's successful U.S. strategy." Half the company's profits already come from the U.S., thanks to three utilities it owns in the Northeast, including Niagara Mohawk...
Both departments had previously voted unanimously to propose the idea of a merger to Dean of the Faculty Jeremy R. Knowles. The merger won the Faculty Council’s endorsement two weeks ago, and before Friday’s decision it was scheduled for discussion at the full Faculty meeting tomorrow...
...merger has been taken off the agenda and will not be discussed in the future unless Sanskrit makes a new proposal, according to Peter K. Bol, chair of East Asian Languages and Civilizations...
According to Professor of Comparative Religion and Indian Studies Diana L. Eck, one of three senior members in the department, Sanskrit’s initial vote in favor of the merger was simply a proposal to explore the possibility of joining the two departments. The position was taken well before Knowles had developed the specifics of his plan for the idea’s execution, Eck said...
...addition, once the proposal became well known, a number of Sanskrit concentrators and faculty in other departments expressed strong concern over the merger...