Word: mergers
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...proposed merger between Purity Supermarkets and Stop and Shop has left many local residents wondering about the future of the Purity Supreme market in Central Square...
...Justice Department dealt Microsoft Corp. a stunning setback by suing to block the software giant's acquisition of Intuit Inc., maker of the predominant personal finance software Quicken. It would have been the largest software merger ever and would also have given Microsoft a formidable lead in the emerging market of online personal finance transactions.Anne Bingaman, Justice's antitrust chief, said allowing the deal "would likely result in higher prices for consumers who want to buy personal finance software and would cause those buyers to miss out on the huge benefits from innovation." Newly-minted conventional wisdom, notesTIME technology editor...
Spellbound--with the generically suave illusionism of Mark Kalin and Jinger Leigh--also features an impressive trio of slow-motion acrobats called Human Design. The Tropicana's Folies-Bergere revue, freshened regularly since 1959, has a nicely erotic trapeze duo, the Cavarettas, a merger of Ringling Bros. with TV's Red Shoe Diaries...
...largest for-profit health services company in the world just got bigger. The Federal Trade Commission today approved a merger between the nation's two largest hospital chains, first-ranked Columbia/HCA and second-ranked HealthTrust Inc., taking the rapid consolidation of American health services to a new level. The new $15 billion behemoth will have 320 hospitals and more than 100 outpatient surgery centers in 36 states, England and Switzerland. HealthTrust becomes a wholly-owned subsidiary of Columbia/HCA, which was founded just 8 years ago by chief executive Richard Scott. The companies claim that by combining, they will be better...
...Japan's leading commercial banks, the Bank of Tokyo and Mitsubishi Bank, announced that they were discussing merger plans expected to lead to the creation of the world's biggest bank next year. Said a bank-stock analyst: "It's like marrying the two most beautiful people in the world." The new behemoth, with $823 billion in assets, would be 50% larger than the current biggest bank, Japan's Sumitomo, and would dwarf America's top-ranking Citicorp, with its mere $250 billion in assets...