Word: also
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Dates: during 2000-2009
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...dowry is not only Time Warner's news-and-entertainment empire, but also its cable television infrastructure, which will prove invaluable if the Virginia-based juggernaut is to dominate the next, broadband phase of Internet development as comprehensively as it has ruled the current era. "Time Warner's cable distribution system is unmatched," says Saporito. "And now those fat pipes are going to be pumping...
...discussed for years to come in MBA programs. "This merger has created a really big company," says Saporito, "and the history of big mergers in other industries is that they really don't work very well. So the success of this one is far from guaranteed." The two sides also had to do some bargaining on valuation. In the end, the deal was this: Time Warner shareholders will be given 1.5 shares in the new entity, while AOL's will get a one-for-one swap. That gives AOL stockholders 55 percent of the new company, which will be headed...
...challenge the new corporation. Wall Street certainly thinks so; even as Time Warner stock spent the early trading going up, up, up (at one point reaching 102 before settling in at around 90-plus), stocks for a number of Internet and media companies, such as Lycos and Disney, also shot up on the news. As the process unfolds, the merger of news and entertainment of the past decade will now be extended to Internet and software companies, as Internet real estate is parceled out among infotainment juggernauts. After all, Time-Life wedded with Warner Brothers and Time-Warner consumed...
...towns of Argun and Shali continued Monday even as Russian troops appeared to be regrouping and rearming for a renewed assault on Grozny. Russian public confidence in a quick and clean victory, which translated into an almost unassailable lead for Prime Minister Vladimir Putin in the race for president, also appears to have been shaken by reports of heavy casualties and military operations gone wrong...
...military is at a 20-year low. It seems that all those peacekeeping missions - and budget cuts - are taking a toll on both morale and military readiness. Soldiers are increasingly finding themselves separated from their families for long stretches and aren't happy with their compensation. The study also cites a growing case of corporate envy - soldiers are perceiving the armed forces as rigid compared to the modern corporate structure, which promotes individualism and entrepreneurship, and they want flexi-schedules like the rest...