Word: supporting
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Dates: during 2000-2009
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...pledging $2.1 billion as a bridge loan to keep Opel afloat, as well as $4 billion in future loan guarantees. The German government also made it clear it wouldn't stump cash for any other bidder. Some politicians accused Merkel of "blackmail" and warned that her government's support for Magna could backfire. Initially, GM had serious reservations about Magna's offer and seemed to favor a rival bid by the Belgian-based investor, RHJ International. One GM official said RHJ's offer was "simple and elegant." In particular, GM was uncomfortable with a Russian company getting its hands...
...will keep 35% and the company's workers will take a 10% stake. GM's chief negotiator John Smith, who flew in from Detroit for a Berlin news conference, said Magna had come up with the best offer. "Magna has a great manufacturing culture and it enjoys the support of German labour unions, and the funding is there. It makes sense," said Smith. But he also warned of job-cuts. Magna's bid outlined a plan to wind down production at GM's factory in Antwerp, Belgium, and shift some production from a Spanish plant to Germany. Magna executives have...
Despite continued support from alumni, Rogers said that it is too early to set a tentative launch date for the University’s long-derailed capital campaign but that Harvard will continue to plan...
Fifteen percent of this year’s gifts will fund financial aid programs across the University, which Rogers said have received enthusiastic support from alumni, including those who were financial aid recipients themselves...
...following the comment. But the damage had been done. For any centrist or fence-sitter watching at home, Wilson’s outburst confirmed that Republicans have nothing else in mind than to kill the health-care bill for purely political reasons. His comment galvanized fiscally conservative Democrats to support the president’s bill and heightened the sense of despondency among those Republican congressmen and senators who BBMed and Tweeted on their BlackBerries throughout the speech...