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...least 28 of the cases the acquisitions did not earn enough money for the company to justify the purchase price. In only six instances did the merger program seem to be a clear-cut success. Companies stumbled most frequently when they bought firms in a totally different industry. F.M. Scherer, a Swarthmore College economist who surveyed 6,000 mergers from 1950 to 1977, discovered that the profitability of most acquired companies slumped after they were taken over and that fully one-third of the conglomerate acquisitions of the 1960s were later sold. Says he: "We typically found managerial failure...

Author: /time Magazine | Title: Bigger Yes, But Better? | 4/18/2005 | See Source »

...you’re a [prospective] student who’s interested in American Indian classes, it’d be difficult to find them [at Harvard],” says Kyle E. Scherer ’05, who is part Native American and is also a Special Concentrator in American Public Policy and American Indian Politics...

Author: By Stephen M. Fee, | Title: The Invisible Minority | 4/15/2004 | See Source »

...Scherer isn’t dissatisfied. A frequent enrollee in graduate courses in Native studies, including Professor Kalt’s cross-faculty course Native Americans in the 21st Century: Nation Building I & II, fall and spring courses partially funded by HUNAP, Scherer says he has found “fantastic” support from faculty...

Author: By Stephen M. Fee, | Title: The Invisible Minority | 4/15/2004 | See Source »

...terror will never end [WORLD, May 26], because waging war is the wrong way to fight terrorists. PETER SCHERER Zurich...

Author: /time Magazine | Title: Letters: Jun. 16, 2003 | 6/16/2003 | See Source »

Magadanskaya, the vodka served by Stalin to Truman and Churchill at Potsdam, is smooth and bracing. A sip makes Robert Plotkin of BarMedia, a well-known consultant, say, "Oh, my goodness." But it tastes like ... vodka. Its importer, Sylvia Scherer, of West Import & Export in Kenai, Alaska, is marooned near the back of the hall, far from big corporate booths pushing Stoli Cranberi vodka and Tarantula Azul tequila. Scherer struggles to nail down distribution beyond Alaska, California and Georgia. "One of these days everybody's going to discover us," she says. For now, she swims against a purple, berry-flavored...

Author: /time Magazine | Title: Booze Blues | 5/5/2003 | See Source »

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