Word: unlocking
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...heights, it's a safe bet bankers will make mergers popular again. That's despite evidence that linkups usually don't accomplish their goals. A 1999 study by KPMG International found that only 17% of mergers made shareholders richer, while 53% actually made things worse. Demergers, however, "really do unlock shareholder value," Kaplan insists...
...questions swirled around its accounting practices, Tyco International, an industrial and services conglomerate with $36 billion in annual revenues--and a beaten-down stock price--said last week it would split into four companies in a bid to "unlock tens of billions of dollars of shareholder value." The company's combative CEO, Dennis Kozlowski, predicted the breakup would add 50% to the stock price. Going him one better, Don MacDougall of J.P. Morgan Chase said the move would make the stock worth $80 to $90 a share--double the current price. Haven't they heard? Post Enron, any hint...
...became the voters to whom all election appeals would be directed, a narrowing of focus with predictable results, not the least significant of which was that presidential elections would come to be conducted almost exclusively in code.” Didion hopes Political Fictions will begin to unlock, or at least to make readers aware of, this “code...
Senior Fellow of the Harvard Corporation Robert G. Stone Jr. ’45 noted that the symbolic keys unlock no tangible Harvard doors...
...Monday Rosetta Books, a major player in the nascent e-book market, announced a "$1 for 10 hours of reading" deal. You pay a buck, download the book, then 10 hours later the text gets all scrambled up. Haven't finished? Tough luck; you have to pay again to unlock it. Right now this is just a trial deal attached to one tome - Agatha Christie's "And Then There Were None" - but you don't have to be Poirot to know that it won't end there, or that 10 hours' worth of reading won't stay that cheap forever...