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...Analysts say the deal seems to fall short of a full merger. It appears that Porsche's car-making unit will not be sold to VW, but will retain some independence. And the rights issue will be dilutive to earnings because profit will be distributed among a larger number of shares. The uncertainty about the structure of the deal was fueled by comments from Bernd Osterloh, head of VW's works council, who said the two companies may not merge at all. (See pictures...
...have prompted the Mukhrovani soldiers' rebellion, at a base where soldiers had previously mutinied over pay and conditions in 2001 and 2004. "One cannot calmly watch the collapse of the country and watch the continuing political confrontation. But there won't be any aggressive action from our tank unit. We are in our barracks, and we are not going to leave them," said Mamuka Gorgishvili, the battalion commander at Mukhrovani, on Tuesday...
...Some in the opposition believe Saakashvili may use the mutiny as an excuse to mobilize the military against demonstrators. "It is possible the authorities might use the incident with the military unit in Mukhrovani to quell the rallies in Tbilisi," said Mamuka Katsitadze, an opposition leader, although the Georgian leadership may be wary of igniting Western opposition given its precarious position...
...something’s got to give, and someone’s got to choose.”Anne Harrington, chair of the history of science department, said she finds it unlikely that restructuring will occur at the departmental level because “the unit-analysis is wrong.”“We all hang together,” Harrington said. “If we each reshape ourselves, we’re going to end up a bunch of different-shaped puzzle pieces.”With the administration in discussions about a retirement incentive program...
That doesn't mean the value won't grow. Berman notes that a time-share unit he purchased in Colorado in 1997 for less than $40,000 is now worth more than $125,000 in the resale market. He emphasizes that an appreciation of three times the purchase price is the exception, not the norm. Still, it must make his ski vacations even more enjoyable...