Word: mergers
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...this year, more than triple the euro-zone average. Many Russians are still poor and live in wretched conditions, but on the whole, household income is up, and especially in big cities like Moscow and St. Petersburg, people are ready to splurge. The spending boom is creating a merger wave in sectors as varied as banking, brewing and confectionery. Alongside the Dixons deal, the huge Belgian beer company InBev is finalizing the last pieces of a $730 million acquisition of Russian beer giant Sun Interbrew, and Coca-Cola recently agreed to buy Multon, Russia's second largest juice company...
...Harvard’s policy of not recognizing single-sex social organizations stems from the merger of Harvard and Radcliffe and the desire of the College to protect women from discrimination in joining previously all-male organizations,” Kidd writes in an e-mail. “Although the Committee on College Life sub-committee on Harvard student organizations looked into this topic during the year, no decision to change the policy was reached...
...with the merger of the Hay and the Sweeney divisions next year, the parity in the EIVA conference will only increase...
According to Cathy McCormick, director of programs for the Office of the Arts (OFA), after the merger of Harvard and Radcliffe in 1999, the Radcliffe Institute for Advanced Studies informed the OFA that their lease on the building would end in June 2005. In response to this loss of space, student activists campaigned in 2003 to have the University provide dancers with an alternative...
Betting on Consolidation After e-commerce boom and bust comes merger mania: that was the sense last week as online travel firm lastminute.com - the money-losing, London-based icon of the Internet frenzy - agreed to a $1.1 billion takeover by Texas-based Sabre Holdings, owner of rival Travelocity. The grounds? While there's room for growth in Europe 's Web-based travel sector - as little as 10% of trips are currently booked online in the region - there's no longer room for everyone. Price pressure from major hotels' and airlines' own online operations means Web-based operators "need...