Word: mergers
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...more than three hours of intense questioning last night, members of the Cambridge School Committee pressed school district officials for more details on the proposed merger of two elementary schools...
...increasingly denominated in euros rather than in marks, francs or pesetas. Hardly a week goes by without the announcement of a major consolidation--the $198 billion proposed takeover of German mobile-phone provider Mannesmann by British giant Vodafone AirTouch will surpass the AOL-Time Warner/deal as the largest merger ever. The most auspicious development of the past year, given Europe's historic fragmentation along national lines, is the cross-border merger. Aventis is the new, conspicuously neutral name for what used to be Germany's Hoechst and France's Rhone-Poulenc. Nor are Europeans confining their targets...
...moved to Boston in 1995 and, as chief financial officer of New England Deaconess Hospital, supervised the 1996 merger between Deaconess and Beth Israel Hospital and served as the merged hospital's chief financial officer...
...might not think that a multibillion-dollar deal between two European banks would affect your own (considerably more modest) financial situation. But it just might. Thursday, Germany's Deutsche Bank and Dresdner Bank announced plans to join in a "merger of equals" to form Deutsche Bank AG. The new company's total assets will be valued at a jaw-dropping $1.3 trillion, making it one of the largest financial institutions in the world. Not surprisingly, those profits won't be scraped together from the holdings of the average Helmut's personal bank account; the merger announcement included a plan...
...four-term member of the Cambridge school committee, Galluccio said the rapid change the district is undergoing now--with the high school restructuring set for the fall and the expected approval later this month of an elementary school merger--made this contract a difficult one to negotiate...