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...YORK: In the second-largest corporate merger in history, two more Baby Bells have agreed to join in a deal that would create the nation's second-largest phone company. Bell Atlantic and Nynex announced the $23 billion deal Monday, three weeks after SBC Communications and Pacific Telesis unveiled their merger plans. Both mergers were given the green light after President Clinton signed a sweeping deregulation of the telecommunications industry into law two months ago. "In the aftermath of deregulation, these two large companies are trying to manouver in an exceptional communication and media world," says TIME's Michael Krantz...
...When I'm older, I'll have time to be tired. Ithink I'll be OK," says Oliver P. Weisberg '95,who will work next year at SBC Warburg...
...giants TCI, Cox and Comcast have joined forces with the long-distance company Sprint to develop a design of a seamless nationwide system for delivering cable and telephone service. Meanwhile, a number of the Baby Bell phone companies have turned to Hollywood. Ameritech, Bell South and Southwestern Bell (now SBC Communications) are teaming up with the Walt Disney Co. to develop and distribute movies, games and other programs to home viewers. Nynex, Bell Atlantic and Pacific Telesis have been talking with superagent Michael Ovitz about forming an alliance to make and distribute films. The idea is to create a coalition...
Chapman's win amounted to a binding referendum on the future course of America's largest Protestant body, since the anti-Fundamentalists have now lost all hope of turning the tide. When computers had counted the ballot cards, editor Jack U. Harwell of the moderate monthly SBC Today remarked that "the holy war is over. The Fundamentalists have won. We're fixing to enter the darkest period in our history." But Chapman believes the Bible battle has been settled once and for all, and that the S.B.C. "will become an explosive force for Christ around the world...
EMIS-HIT? LDA JETY SBC EMISY CMP #10 BGE EMISEXIT