Once mergers of that scale have already occurred, then the whole industry is pretty much consolidated out. |
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Over the last few years, there have been several high profile mergers within the industry. |
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You will also need to appoint a lawyer with experience of mergers and acquisitions work. |
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Brokerages rely on huge investment banking fees from stock and bond offerings and mergers. |
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It seems that evolutionary growth was limited and the industry saw mergers and acquisitions as the answer. |
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One important factor here was the development of large-scale business through mergers. |
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Others feel betrayed as mergers are seen to undermine disciplinary integrity. |
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However, neither of these approaches provided a clear path to the control of mergers. |
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In a recent survey of Bay State deal makers, more than two-thirds predicted mergers to increase again this year. |
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The problem which besets all mergers and acquisitions is the lack of clarity, with management issues being fudged. |
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His experience encompasses flotations, secondary offerings, private placements and mergers and acquisitions in Britain and Ireland. |
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This paper uses a contrafactual methodology to examine the effects of railroad mergers on the level of railroad costs. |
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This included hospitals that may have exited the population of rural hospitals through mergers and consolidations. |
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There is also disagreement on the impact of conglomerate mergers on competition. |
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A surge in mergers and acquisitions, initial public offerings, and brokerage activity ensued. |
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The resulting mergers will cause even more concentration and even less liberal views. |
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We can now block mergers that unduly increase concentration in the Australian market, unless there is a justification. |
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The biggest wave of mergers since the late 1800s has pushed economic concentration in all sectors onto center stage. |
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Kroes said she would tackle the issue of market concentration by scrutinising future mergers more meticulously. |
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Moreover, local concentration where mergers do occur does not bring higher profitability. |
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With all of the media mergers, there are increased opportunities to reach across different divisions and access company-wide assets. |
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Analysts expect cross-border mergers and acquisitions to intensify in areas like pharmaceuticals and software. |
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As doo wop did earlier, there seems to be a sustained interest in continuing mergers and fusions today. |
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I'm a junior partner at a law firm specializing in mergers and acquisitions. |
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These include horizontal mergers of acute hospitals, mental health trusts, and community health services trusts. |
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The auto industry faces a global crisis of overcapacity and every major automaker is involved in mergers, corporate restructuring and downsizing. |
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It is little wonder then that officials have long pushed for mergers to clean up the overburdened system. |
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These and many other mergers cut across stovepipes no longer relevant to the Information Age and the post-cold-war world. |
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If most mergers fail, might part of the problem be all those unneeded people who carried organizational memory in their heads? |
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The wave of mergers and consolidations has certainly not stifled innovation or inhibited the creation of new brands. |
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After all, it took a decade of mergers and acquisitions for African Americans to cede their dominance of the black haircare market. |
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If industry profits continue to be squeezed by a weakened economy and an increasing number of problem loans, Young says mergers are assured. |
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Many observers worry that such mergers could squash what few competing voices there are in many towns and cities. |
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Secondly, managers themselves often have personal financial interests and their careers at stake in mergers. |
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The number of national unions varied during the times, mainly because of frequent mergers. |
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Important unintended consequences need to be accounted for when mergers are planned. |
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With profits on the slide over the past year or two, it's inevitable that 'defensive' mergers will increase in frequency. |
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The effect has been two agency closures, a couple of mergers, and further shrinkage is expected in the coming year. |
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In terms of mergers, unions do need to be more powerful, but you also can't have shotgun weddings in labor. |
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The mergers transformed the landscape for triads and began the process of turning them into potent political and economic forces. |
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The upward tendency in arms exports has generated a new wave of company mergers, especially in the aerospace industry. |
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Managers are also pursuing efficiency improvements through mergers and acquisitions. |
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It has promoted him to the position of vice president of pricing and mergers and acquisitions. |
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After a period of hibernation, corporate mergers and acquisitions are back on the agenda. |
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Growth for companies like Wirra Wirra will come from mergers, buy-outs or joint ventures. |
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Clubs have a habit of recording their histories, usually to celebrate jubilees or centenaries, though sometimes to mourn mergers or closures. |
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The number had declined to 3,466 farmer cooperatives by 1999 due to dissolutions, mergers, consolidations and acquisitions. |
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If the referendum delivers a no vote on regional assemblies, then all talk of scrapping councils and mergers would be halted. |
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The new merger law provides the basis for voluntary or compulsory mergers and acquisitions. |
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There is also a considerable literature on the relationship between mergers and managerial efficiency. |
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But it is the story of a culture clash, and a textbook example for why mergers so often go so horribly wrong. |
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Emslie admits that no-one is sure how the industry will evolve and that mergers, acquisitions and amalgamations are on the horizon. |
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The number of cooperatives dropped to 3,229, down from 3,346 in 2000, a result of mergers, consolidations, acquisitions and dissolutions. |
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This ignited competitive wars that were often resolved by mergers and other anticompetitive activities. |
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Many songs wander back to the band's groovy hippie beginnings, but the constant stylistic shifts and mergers stay smooth. |
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Agribusiness mergers often don't create a big enough share of a market to trigger antitrust laws. |
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What is at first glance surprising is that so few mergers and acquisitions of banks have fallen into the antitrust net. |
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The same approach to collective dominance is apparent in the context of mergers. |
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As the industries start to mature, many are ripe for restructuring, often via mergers. |
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According to the capital market law, listed companies are not allowed to undertake mergers that could lead to monopolies. |
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When mergers do occur, rationalization of assets based on your plan of action is a key step in achieving overall efficiencies. |
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Book value can increase as a result of mergers, and it can go up if a company has just sold a lot of new equity. |
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Because cooperation was legal, there was less pressure for industry-wide mergers. |
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The deal's size and the poor history of tech mergers made it a long shot from the start. |
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During the 1980s mergers and acquisitions were primarily aimed at buying hard assets. |
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Pessimists who say mergers often destroy shareholder value will be proved wrong, he says. |
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The software sector lends itself to mergers and takeovers as firms scramble to keep pace with market changes and shifting demand. |
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It envisages fewer and bigger sales centres and is encouraging marts to consolidate through mergers. |
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These losses led to mergers and bankruptcies, and set the stage for leveraged buyouts. |
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Widespread bankruptcies and financial failures are leading to mergers in some regions and shutdowns in others. |
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Wall Street dealmakers believe that any moves to clean up balance sheets could lead to mergers. |
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A round of mergers could halve the current number, or even reduce it by three quarters. |
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Cartels may self-destruct, but will in most cases be less efficient than mergers. |
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Other mergers seek to make cost-savings by integrating operations, sometimes on a world scale. |
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The travel slump hit earnings across the tourism industry, prompting a number of mergers and profit warnings. |
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He sees the job of a mergers regulator as setting down clear standards for companies to follow. |
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Many big mergers are paid for with shares, and big changes in those can derail deals before they complete. |
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The print press has sometimes also been victimized by similar cost-cutting strategies, often as a consequence of media mergers by larger conglomerates. |
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Alliances, joint ventures or fully fledged mergers are all possible. |
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Most of those rebirths were the result of mergers and acquisitions, but the fancy new naming keeps the companies fresh in the crowded marketing space. |
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The healthy effects of market competition may be offset by mergers, cartels, or price leadership understandings, most of which are legitimated or tolerated by government. |
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This time around, the failures and the mergers have been exponentially larger, as have the headlines about them around the world. |
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In some cases mergers might be driven by the desire of business leaders to manage a larger entity, and perhaps to operate at a global, rather than local, level. |
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His earliest wood sculptures, suggesting unlikely mergers of Constructivism and West African ethnographic objects, displayed joinery worthy of a piano builder or luthier. |
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As a result, it is now acting as matchmaker in encouraging mergers and alliances that will slim the civil aviation sector down to more competitive proportions. |
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Legacy issues and integration problems following mergers and acquisitions. |
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This paper explores the similarities and differences in policies and procedures concerning transatlantic mergers in the United States and the European Union. |
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The response of all the transnationals is one of mergers, corporate restructuring and downsizing, resulting in the loss of tens of thousands of jobs worldwide. |
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We've considered mergers to the extent that they reduce our burn rate, diminish our overhead, and create further synergies for our business model. |
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He has extensive small and medium enterprise sector experience, including start-ups, management buy-outs, buy-ins, turn-rounds, mergers and acquisitions and exits. |
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Many analysts predict consolidation through buyouts and mergers. |
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This repulsion is of fundamental importance in conventional nuclear physics because it prevents mergers that would obliterate the identity of individual nucleons. |
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But as soon as those mergers were announced, progress on any deal stalled. |
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The investment world considers insider trades an indication of fundamental company or market changes, such as potential mergers, stock splits, or industry weakness. |
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The deal underscores a solid revival in the mergers and acquisitions market after the fallow years that followed the collapse of the technology boom. |
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It has consequently recognized explicitly the regulator's need to have comparisons by making very difficult any horizontal mergers in the English water industry. |
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Recent studies challenge value creation in conglomerate mergers, concluding that there are no synergies created through diversification or horizontal mergers. |
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The key issue with horizontal mergers is that they may allow market power to be wielded, either by single-firm monopolists, or by collusive oligopolies. |
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As in other sectors of the economy, companies active in food processing and retailing have sought to achieve global weight in a series of mergers and fusions. |
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Is it inconceivable that some mergers may have been instigated and consummated in order to fatten up major credit unions in readiness for demutualisation? |
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If truly complete decreolization in fact occurred, then mergers would have to be reversed, so that the decreolized dialect is just like the standard. |
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Some observers predict mergers and rationalisation among the industry's smaller companies as the global giants invest massively to expand their production and market share. |
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Of course, EU competition cases aren't confined just to subsidy cases, there are lots of actions involving mergers and acquisitions and also public procurement. |
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These totals, it's important to note, also include filings to deregister shares bought out in mergers, plus bonds and other redeemable securities. |
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Other Irish agencies went public, and mergers and acquisitions abounded. |
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In the future, can we trust our news organizations to cover the issue of corporate mergers, duopolies, and media cross-ownership honestly and critically? |
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The plans were abandoned later that year due to lack of funding for the mergers, however the idea has resurfaced many times. |
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Both BAC and Hawker Siddeley were themselves the result of various mergers and acquisitions. |
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This was made up of a mixture of whole existing units, mergers of two or three areas, and two boroughs formed as the result of a split. |
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However, by 1969, mergers elsewhere had reduced the number of Scottish banks to three with Clydesdale now being the smallest. |
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In the 1950s, the Bank of Scotland was involved in several mergers and acquisitions with different banks. |
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The rest of the nineteenth century saw the bank pursue mergers with other Scottish banks, chiefly as a response to failing institutions. |
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This was the most recent stage in a long process of mergers between the original ITV regional franchises. |
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Presbyterians participated in the mergers that resulted in the Church of North India and the Church of South India. |
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It is believed that neutron star mergers and black hole formation may create detectable amounts of gravitational radiation. |
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Asset step-up induced depreciation and amortization tax shields are created in the framework of corporate mergers and acquisitions. |
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King's College London underwent several mergers with other institutions in the late 20th century. |
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Research to that time had consistently demonstrated that 60 percent to 70 percent of mergers failed. |
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Residents in Mahooz and Segaiya feared that their villages would be swallowed up in mergers, after their names disappeared from roadsigns. |
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As a result, the efficiency gains associated with mergers were not present. |
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He was soon responsible for the much larger fleet that the GWR operated following the Railways Act 1921 mergers. |
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Sam Yue has been named as director covering mergers and acquisitions for Greater China, based in Hong Kong. |
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Then it goes on to explain all of the rinky-dinks that have occurred in the mergers and gold parachutes. |
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In the 1960s a series of mergers saw coal production shift from small, independent coal companies to large, more diversified firms. |
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Thus, the mergers were not done to see large efficiency gains, they were in fact done because that was the trend at the time. |
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The only decline in this was during the late 1980s when downsizings, mergers and reorganizations were rampant. |
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The EADS group does not communicate about these mergers, excepted when required by the law, such as in contractual documents. |
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The section below lists mergers in order of approximately decreasing prevalence. |
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The problems stem from complex but regular alternations and mergers among the above phones in various positions. |
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These mergers heralded half a century in which GKN became a major manufacturer of screws, nuts, bolts and other fasteners. |
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Elliptical galaxies are more commonly found at the core of galactic clusters, and may have been formed through mergers of large galaxies. |
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A flurry of new operators was created after deregulation in 1986, though a series of mergers has reduced the number. |
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Most obviously, back spellings, or hypercorrections, are generally considered reliable evidence for mergers. |
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Between 1995 and 2010, 4,868 mergers and acquisitions with a total known value of 163 bil. |
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However, as the need for budget cuts in the late 2000s became apparent some councils have sought service mergers. |
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After company mergers, the canal became part of the Shropshire Union System. |
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From 1980 to 1982, there were 493 voluntary mergers and 259 forced mergers of savings and loans overseen by the agency. |
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Some counties were based on areas surrounding large county boroughs or were formed by the mergers of smaller counties. |
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The present 5 can trace their roots via a series of mergers or acquisitions to one or more of the originally 9 GCE Examination boards. |
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However, mergers coincide historically with the existence of companies. |
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The Viacom-CBS mergers results in television duopolies in six markets. |
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The autogenous factors that affect mergers require further study. |
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The court relied on an analysis of the nature of corporate mergers. |
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Many tertiary care hospitals acquire non-tertiary care hospitals, and some of these mergers lead to a significant increase in referrals from the target to the acquirer. |
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Nobody is saying that disappointing earnings, or aborted IPOs, or catastrophic mergers, or senior management doing the perp walk are cause to break out the Veuve Clicquot. |
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The former church had resulted from mergers of several groups of German Methodist heritage, however there was no longer any need or desire to worship in the German language. |
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Ford has appointed former Goldman Sachs mergers and acquisitions specialist Kenneth Leet strategic adviser to chairman and chief executive Bill Ford. |
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Editorial covers mergers, demergers, acquisitions and disposals, as well as valuations and computing capital gains, with specific regional and national analysis. |
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Some of the largest mergers of equals took place during the dot. |
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Equivalent mergers have been achieved in 2006 in the other countries. |
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Despite increasing case mergers, nominative and accusative forms seem to have remained distinct for much longer, since they are rarely confused in inscriptions. |
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The current coat of arms was developed following the mergers with Queen Elizabeth College and Chelsea College in 1985 and incorporates aspects of their heraldry. |
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Even mergers of companies with headquarters in the same country can often be considered international in scale and require MAIC custodial services. |
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One aspect the government stood firm on was the mergers of small counties. |
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Despite mounting evidence that life after mergers is less than idyllic, no one in Corporate America seems willing to challenge the old adage that bigger is better. |
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Again, the current down cycle is anomalous, with the Fed's monetary policies encouraging unusually high levels of stock buybacks and fruitless mergers. |
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At a time when mergers are proliferating in every business sector, federal regulators know that what's good for a company is not always good for the consumer. |
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In part due to competitors as mentioned above, and in part due to the government, however, many of these initially successful mergers were eventually dismantled. |
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