Word: morgan
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EDITORIAL FINANCE: Genevieve Christy (Manager); Esther Cedeno, Carl Harmon, Morgan Krug, Katherine Young (Domestic); Camille Sanabria, Aston Wright (News Service); Linda D. Vartoogian, Wayne Chun, Edward Nana Osei-Bonsu (Pictures...
...Even as Redstone and Huizenga ( were basking in the glow of their new partnership, Wall Street was scratching its head in amazement at both the merger and the apparent meagerness of the new offer. After two weeks of furious negotiations and consultations with a team of investment bankers from Morgan Stanley, Redstone had produced a bid that was considered by many analysts to be not only anticlimactic but also inferior to Diller's current offer. Though the offer is a complex blend of stock and cash, the estimated value of the Viacom-Blockbuster package is around $79 for each share...
...other labor-saving devices rather than for job-creating new factories and machinery. "The fixation of the moment continues to be on downsizing and cost cutting, whether it's through machines or layoffs, and that fixation remains very intense," says Stephen Roach, co-director of global economic analysis for Morgan Stanley. "I don't think it's going to subside...
EDITORIAL FINANCE: Genevieve Christy (Manager); Esther Cedeno, Carl Harmon, Morgan Krug, Katherine Young (Domestic); Camille Sanabria, Aston Wright (News Service); Linda D. Vartoogian, Wayne Chun, Edward Nana Osei-Bonsu (Pictures...
EDITORIAL FINANCE: Genevieve Christy (Manager); Esther Cedeno, Carl Harmon, Morgan Krug, Katherine Young (Domestic); Camille Sanabria, Aston Wright (News Service); Linda D. Vartoogian, Wayne Chun, Edward Nana Osei-Bonsu (Pictures...