Word: mergers
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Dates: during 2000-2009
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...Professor K. Anthony Appiah, who joined West at Princeton last year, the department has had to deal with two opposing forces—a contraction in concentration and class enrollment numbers, and an expansion of the department to include African Studies, which used to be a certificate program. This merger culminated last fall when the African American Studies Department was renamed the African and African American Studies Department...
...icons of the technology era, Hewlett-Packard. It might be because she's a compelling speaker and an imaginative marketer. It might be because she is one of only eight women leading a FORTUNE 500 company. But as the person who engineered the $19 billion merger with Compaq--and fought off a shareholder challenge--she was guaranteed star status...
...invented a new future. The board, which had recruited her, was ready to back her; but a family-led shareholder battle required Fiorina to have the courage to collide with history and high emotions. She emerged stronger, and so far so has the company. Producing $3.5 billion of merger savings after promising $2.5 billion bodes well. Of course, cost savings are one thing, sales another. And who would choose IBM and Dell as their competitors? But Fiorina led the company forward on many fronts, modernizing how HP did business, how it was organized and how it looked at the world...
...Italy 's smaller carriers this year. That would keep the flagship airline afloat and avert disastrous labor strife. But even if the bailout gets past E.U. competition czar Mario Monti, there's a more far-reaching conundrum. Analysts say Alitalia's long-term survival requires further privatization and a merger with another major airline. But Alitalia is in no shape to merge. A Europe-based manager of a U.S. airline scoffs at Italy 's latest plan, which foresees layoffs of 1,100 and fiscal help from fuel tax cuts. "That's just spit in the ocean...
...last week that it would stump up several billion dollars to rescue debt-ridden Mitsubishi. Investors sighed with relief: DaimlerChrysler stock shot up over 7% on the announcement. A global turnaround? Not yet. Speed limits vary. - By Adam Smith Hard To Swallow Swiss drugmaker Novartis accepted an invitation for merger talks from Franco-German Aventis. A deal won't be easy: the French government is against foreign ownership of Aventis, favoring the hostile €46 billion bid from its own Sanofi-Synthélabo...