Word: mergers
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...Justice Department has urged the Federal Reserve Board to reject Simon's latest deal on the ground that it would substantially lessen competition among Hawaii's banks. In its application, First Hawaiian, which has 58 branches, said it would sell three offices outside Honolulu once the merger was approved. Bank officials had hoped the step would help eliminate antitrust objections to the purchase of First Interstate. Even if the Federal Reserve ultimately approves the merger, Justice could go to court to block the deal...
...competitors are in their opening month or two: Details, a bratty, street- talking melange aimed at men in their 20s and early 30s; Men's Life, a smirky yet sentimental blend of National Lampoon and the Saturday Evening Post directed at fortyish suburban baby boomers; and M Inc., a merger of two prestigious but money-losing forerunners, Manhattan, inc. and M, that is meant, like its predecessors, for the well heeled and silver templed...
...pages, much the fattest of the entries, but it was able to draw on the articles stored up by both its parents. In looks the merger retains more of M, but, as the first issue's cover signals, the sensibility is pure Manhattan, inc. It proclaims POWER BROKERS in letters 1 1/2 in. high and names 11 of them (10 men and Madonna). Inside is an almost nonstop stream of gossip, scuttlebutt and awestruck praise about the rich and famous, including 65 miniprofiles of such figures as financier Michael-David Weil and Hollywood superagent Mike Ovitz. The prose is burnished...
...dissolution of communist East Germany and its voluntary merger with the Federal Republic was a political event with no modern precedent. It was also a mighty spectacle as millions of Germans celebrated with beer and wine in places with evocative names like Unter den Linden and the Brandenburg Gate...
...Everyone has called it an annexation. We call it a merger...