Word: acquisitionitis
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Those in India who perceive Chidambaram to be a warmonger say the growing social disparities caused by India's economic growth have been a major factor behind the rebels' expansion. They say the government needs to provide a more equitable distribution of its growing wealth. "Let's not forget the...
The problem with that little paragraph is that I barely saw it during this past job/internship application cycle (and not because I was accepted to everything. We should all be so lucky). Chances are, if you were applying for jobs, you didn’t see it much either because...
Ironically, Moynihan almost didn't stick around long enough at the bank to become its CEO. In late 2008, former CEO Ken Lewis reportedly considering firing Moynihan, who had joined the bank after its 2004 acquisition of FleetBoston Financial, after the executive turned down the post of head of the...
Nor, among home buyers in China, is there a significant amount of debt financing. According to Patrick Chovanec, a professor at Beijing's Tsinghua University who studies the Chinese real estate sector, only about 50% of residential purchases are made using mortgages. The other half are paid for in full...
In 2000, Ctrip acquired a hotel-reservation operation, Xiandai Yuntong Tourism Service, which gave it a large presence in the traditional offline travel business. After giving its new acquisition a successful online dimension, Ctrip began to move into other travel sectors. In 2002, it diversified into air tickets, and after...