Word: mergers
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...back in business, running several of his family businesses and philanthropic enterprises and flying around the U.S. for meetings with top corporate officers. (He is also under investigation for possibly violating his parole in recent business dealings, including his consultations with the Turner Broadcasting System on its proposed merger with Time Warner...
...earn $300 million in profits within 18 months by creating revenue and reducing expenses. Some jobs would be cut, but Aetna refused to say how many. "It would be irresponsible to throw out a lost jobs estimate before we do all our homework," said Aetna spokesman Fred Laberge. The merger is the latest in a series of moves by Aetna to secure a prominent place for itself in the lucrative field of managed health care. Last November, Aetna announced that it was selling its property-casualty operations for $4 billion to Travelers Group in order to focus more on health...
...sights on R.J.R. Nabisco. "He's in it to make money,'' says Richard Scruggs, one of whistle-blower Jeffrey Wigand's lawyers, who is helping on the Mississippi Medicaid suit. "This is a very sophisticated business transaction by Bennett LeBow." If LeBow can force a merger between Liggett and R.J.R., then R.J.R. will participate in the settlement, moving out from under the shadow of incessant litigation, boosting its stock price and enabling LeBow to split the company's food and tobacco divisions. Even if this scheme fails, LeBow tells TIME, "it was a good economic deal for us to settle...
...merger of Mass. General and Brigham and Women's Hospitals...
...about Harvard women--too aggressive, too serious, but most probably and unfortunately too smart. It is 1996, and intelligence still is not a social asset for a woman. Harvard men are not looking for their wives to be discovering the cure for cancer, nor to be handling a significant merger and acquisition, nor to be serving on the Supreme Court. The final club system provides the opportunity to return the women to their "proper" place. The Harvard men surround themselves with flocks of women, not only Harvard women, but women from all over the Boston area. In one fell swoop...