Word: mergers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...matter whether Diller or Redstone prevails, Davis, 66, will soon leave the company he has run successfully since 1983. There would be no place for Davis under Diller. And two weeks ago, Viacom announced an $8.4 billion merger with home-video retailer Blockbuster Entertainment. That deal enabled Viacom to sweeten the cash portion of its bid for Paramount but left little in the way of a role for Davis. With the bidding war now in its final phase -- a winner is expected to emerge in early February -- Davis met last week with TIME Boston bureau chief Sam Allis and business...
...Davis: I didn't change anything. The change came about because of the court ruling in Delaware. We started off with a merger in September of Paramount and Viacom, and that merger is not going to take place along the lines we envisioned. The court, with which we respectfully disagreed, mandated that we auction off the company, and that is exactly what we have been doing. The latest QVC bid is a superior offer...
...Davis: Let me tell you what I told Diller, with whom I have a merger agreement. I told him I will stay on as long as necessary to insure a smooth transition. I have spent most of my professional career here, so I'm not prepared to just leave tomorrow. I will stay on as long as I can. But that is not a permanent assignment...
...TIME: Let's say the acquiring company is a merged Viacom/Blockbuster. We noticed that when they announced their merger, they did not include you in their future management plans...
...needs to listen to in terms of what needs ( to be done. But those are confidences I'd rather keep to ourselves. We've discussed individuals as they pertain to the company. He's been very professional about it. I've seen him more lately since I have a merger agreement with...