Word: mergers
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Members of the Harvard and Radcliffe chapters of Phi Beta Kappa met this week to discuss the possible merger of the two groups...
...timing of any future merger is less than clear. Chi-An J. Chung '94, an undergraduate marshall for the Radcliffe chapter, said yesterday that a co-ed Phi Beta Kappa is unlikely to become official before June...
...chapters have been considering a merger for nearly a decade at the urging of Phi Beta Kappa's national office, according to Hillary K. Anger `93-`94, one of the Radcliffe chapter's undergraduate marshals...
...remains a dirty word in many executive suites, and intense foreign competition has put pressure on companies to merge in ways that make sense for their long-term abilities to expand. "Nobody does a deal for what they used to call financial reasons any longer," says arbitrager Kalin. "The merger has got to fit in with your company." While the Paramount battle is happily reminiscent of the '80s, she adds, it will probably prove to be just one of a kind...
...also that extra-rational accumulation of wishful hunches and adrenal instinct that makes people finally just go for it. Since show-business executives are uncommonly sensitive to go-for-it twitches, it would have been weird if a competing bidder had not stepped in to turn the friendly merger of Paramount Communications and Viacom into the high-strung, insanely complicated struggle it became last week...