Word: mergers
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...alone, with great enthusiasm and resolve," says Axel Poniatowski, a deputy of Villepin's own ruling conservative Union for a Popular Movement (ump), "but he runs right into walls." Poniatowski was among the majority of ump deputies who refused to back Villepin's plan last week to facilitate the merger of Franco-Belgian utility Suez with Gaz de France (GDF) by slashing the French state's 80% share in GDF. "Even the ump deputies are now acting like the opposition," says political scientist Dominique Reynié of Sciences Po. Adding to the turbulence, last week Villepin sued three authors...
...National Association of Teachers in Further and Higher Education (NATFHE) renewed the controversy this Tuesday when it urged its members to boycott Israeli academics who do not distance themselves from their government. Complicating the matter is the fact that the AUT and the NATFHE merged on Thursday. Before the merger, the AUT condemned the NATFHE action in a statement in which it cited its experiences from last year. “In May 2005 AUT council overwhelmingly rejected an earlier decision to boycott two Israeli universities,” AUT said in a statement this week...
Before the merger, the AUT condemned the NATFHE action in a statement in which it cited its experiences from last year...
...shows will be the centerpiece for MyNetworkTV, a new network formed by Fox out of 139 mainly small- and middle-market stations, from Topeka, Kans., to Utica, N.Y., that were left behind after the merger of UPN and the WB networks. Just as UPN featured African-American shows and the WB turned into a home for angsty teenage dramas, MyNetworkTV could make its mark with the telenovelas, its first original programming. "We're purchasing several years' worth of novelas," Cook says. If those two don't find an audience, he'll try others. "We believe in this...
Although the Tunit should help Adidas, some investors fear that getting a much larger shoe to fit could distract the company from pressing the advantage in soccer: its $3.8 billion purchase of Reebok, the struggling Canton, Mass., sporting-goods company. Although the merger helps Adidas gain market share and nudge closer to Nike overall, right now it's a drag on earnings: Reebok's orders declined 22% in the fourth quarter of 2005 owing to weak products and anxiety about Adidas' strategy for the brand. "Mind boggling," says John Shanley, an analyst at Susquehanna Financial Group...