Word: vivendi
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...public companies have been replaced, with almost half leaving under pressure. (That number doesn't include a cluster of large British, Swiss and Swedish firms where heads have also rolled.) Those include financial giants like Germany's Allianz and Credit Suisse of Switzerland; media titans, such as France's Vivendi Universal and Germany's Bertelsmann; and a bevy of telecom behemoths, such as France Telecom, Deutsche Telekom and Britain's Cable & Wireless...
...days when CEOs in Europe could count on cozy relationships with boards, governments and financial institutions to protect them are gone. In part, that is a reaction to the irrational exuberance of the late 1990s, when CEOs like Jean-Marie Messier of Vivendi acted like rock stars and paid themselves accordingly, and to the scandals that have enveloped European firms, such as Italy's Parmalat and the Dutch retailer Ahold, which owns a number of U.S. grocery chains. But the change also reflects the influence of American-style investor activism and the growing clout of U.S. pension funds in stock...
...Taking police action against Hamas has become almost unthinkable for the PA leadership now, and the killing of Sheikh Yassin may have scuppered attempts by the PA to negotiate a modus vivendi after the Israelis withdraw. Many analysts on both sides of the Israeli-Palestinian divide have concluded that Monday's killing will likely strengthen Hamas at the expense...
...Slate continued until May of this year, but during that time, Connor’s work on film theory did not fall by the wayside. He wrote on Braveheart and the Vivendi-Universal merger, among other topics, for such journals as Representations, The Baffier...
...course, the hand is not yet won. The two companies must complete a 30-day negotiation phase, and the deal is not likely to close until early 2004. Media mogul Barry Diller's complicated minority ownership rights in Vivendi must be unwound, the theme parks sorted out and management posts secured. Only then can imagination get to work...