Word: mergers
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...airlines are trying to patch together closer alliances through investment or gain strength through mergers. Lufthansa recently bought a 19% stake in JetBlue, hoping to take advantage of JetBlue's strong presence in New York City to expand its reach with U.S. passengers. On April 14, Delta and Northwest agreed to a $3 billion merger, and a Continental-United union could be next. "Foreign carriers are merging to grow larger and financially stronger, and U.S. carriers have to match that to remain competitive," says Giovanni Bisignani, head of the International Air Transport Association...
Your excellent obituary of former Dean of the Faculty Jeremy R. Knowles omitted one of Knowles’s signal contributions to the University: his integral role in the 1999 merger of Harvard and Radcliffe. The merger dissolved the 120-year-old Radcliffe College, created the Radcliffe Institute for Advanced Study, and brought female undergraduates fully into the Harvard fold. Knowles and Mary Maples Dunn, who became the first acting dean of the Institute, hammered out one of the merger’s most contentious questions, whether Radcliffe would have its own tenured faculty or a collection of visiting scholars...
...Crimson reporters covering the merger, we often found ourselves in Knowles’s University Hall office during the months of secret negotiations. He was a delight to interview: warm and witty, by turns conspiratorial confidant and elusive roadblock, but always brilliant and kind. He had unusual flair for a Harvard dean. We will never forget his debut as “Josephine Knowles”—in lipstick, wig, and billowing ball gown—at the Gala celebration of the merger in October 1999. Knowles and then-Provost Harvey V. “Buttercup?...
...Council and its recent decision to remove obstetrician-gynecologist services from three of its 12 neighborhood clinics. The Council approved Decker’s measure with an amendment requiring the city manager to clarify the Council’s arrangement with CHA. Founded in 1996 from a merger between the city-owned hospitals of Cambridge and Somerville, CHA is a public hospital system that provides patient care and health education at several locations in the northern Boston metropolitan area. Since its formation 12 years ago, Cambridge has provided CHA with funding, said Cambridge City Councillor Henrietta J. Davis. Currently...
...this reason, the potential merger between satellite radio services XM and Sirius is exciting because of their ability to play a broader selection of indie and unsigned artists. And although moves like Radiohead’s may not be perfect, I like seeing bands go over the heads of labels and government regulations to give music straight to their listeners...