Search results
Results from the WOW.Com Content Network
Pages in category "1997 mergers and acquisitions" The following 82 pages are in this category, out of 82 total. This list may not reflect recent changes. A.
The bank's first acquisition out of state was the failing First National Bank of Crosby, Texas in February 1987. Central Bancshares became the first bank in Alabama to own a bank in another state and the first out-of-state bank to own a bank in Texas. [1] D. Paul Jones took over the CEO position from Brock in 1991. [6]
The terms of the transaction were unanimously approved by the HP and EDS boards of directors. The transaction closed on 26 August 2008. The companies' collective services businesses, as of the end of each company's 2007 fiscal year, had annual revenues of more than $38 billion (~$53.8 billion in 2023) and 210,000 employees, doing business in ...
The deal was finalized on February 7, 1997. [72] [73] In 2000, Jobs took the CEO position as a permanent assignment, [74] holding the position until his resignation on August 24, 2011, shortly before his death on October 5, 2011. [75] Several NeXT executives replaced their Apple counterparts when Jobs restructured the company's board of directors.
The company grew rapidly in the 1990s, after completing several mergers and acquisitions. WorldCom's first major acquisition was in 1992 with the $720 million acquisition of Advanced Telecommunications Corporation, outbidding larger rivals Sprint Corporation and AT&T to secure the deal, making WorldCom a larger player in the telecoms market. [5]
Mergers and acquisitions are a driving force in the world of finance. Banks, for example, are consolidating all the time, and mergers are how some of the largest banks in America have grown so large.
Center for Interfaith Relations Board of Directors meeting. A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law ...
In 1992, he was elected president of Boeing and a member of the board of directors. Four years later he became CEO as well. In 1997, he was elected chairman, becoming the seventh chairman since the company was founded. He remained in this position until resigning on 1 December 2003, followed by retirement in March 2004.