Word: mergers
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Dates: during 2000-2009
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...this regulatory uncertainty hasn't been enough to dampen M&A enthusiasm. Last month Britain's electric and gas utilities announced a merger that would create a national powerhouse with the cash to make its own push into the U.S. National Grid Group, the monopoly electric carrier in England and Wales, and Lattice Group, which owns a British gas network, will form a company worth $21 billion...
...hope in the future to increase the opportunities for scholarly work and teaching on South Asia, both in the humanities and the social sciences, and this merger seems to be the most effective way to achieve that,” Knowles said...
...said that the merger aimed to address the “asymmetry” between East Asian Languages and Civilizations, which has 67 concentrators and 19 senior faculty, and Sanskrit and Indian Studies, with 8 concentrators and 6 tenured professors...
...Faust, said recently, “By saying I’m not dealing with final clubs, I’m not dealing with date rape, it means Harry Lewis’ office is completely responsible for that.” Faust was reiterating the point proponents of the merger had made all along—Radcliffe had not been functioning as a college for many years, but as long as it retained its title, Harvard could pretend that final clubs, date rape, and other concerns were under Radcliffe’s purview...
...1990s, Janet Reno’s Department of Justice and the Federal Trade Commission (FTC) took an active role in policing large mergers, in the name of protecting consumer interest. Under their watch, the mergers of Sprint and Worldcom, Office Depot and Staples, and United Air Lines and U.S. Air were all blocked. The FTC even blocked the merger of Meade and Celestron, two hobbyist telescope manufacturers who competed in a market totaling a few million dollars in sales per year. Retrospectively, it’s unclear what benefit, if any, the public received from these blocked mergers since most...