Word: mergers
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...After buying a big stake and standing by for a few years, he launched a hostile takeover bid with Lee Iacocca in '95, finagled board representation and, most recently, wound up in a federal court in Delaware, arguing that he had been duped by management into supporting Chrysler's merger with DaimlerBenz (a case he lost last month; his lawyers are appealing...
...Sydney. Rivkin, whose lavish lifestyle included raucous parties aboard his $4 million yacht, more than 100 exotic cars and a fondness for Cuban cigars, was sentenced to nine months' periodic detention over a purchase of shares in Qantas Airways made after receiving a tip-off about a possible merger. Rarely seen in public since his release, Rivkin had admitted to depression and in recent years suffered from health problems, including brain tumors, gall-bladder problems and bipolar disorder...
...Kumin says that she and her Radcliffe classmates still harbor some hard feelings toward the University that—in her words—“swallowed” their alma mater in a 1971 quasi-merger. “We feel quite bitter about it,” she says...
...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. In just the past month, alongside the Dixons deal, the huge Belgian beer company InBev has been finalizing the last pieces of a $730 million acquisition of Russian beer giant Sun Interbrew, and Coca-Cola agreed to buy Multon, Russia...
...Presbyterian churches and the United Church of Christ, arguing that "our separate organizations . . . present a tragically divided church to a tragically divided world." The result was the Consultation on Church Union, which eventually attracted nine denominations to talks that last year succeeded in forging a theological basis for merger...