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The merger had been rumored for some time as both banks had a number of directors in common; Prosser was president of the Bankers and a director of the Astor and Edmund C. Converse was president of the Astor and a director of the Bankers. [14] The Astor continued "with no change in management, as the uptown branch of the Bankers Trust Company."
The 1992 Guidelines were revised in 1997, almost concurrently with the FTC's challenge of the Staples-Office Depot merger in federal court. The 1997 Horizontal Merger Guidelines were replaced on August 19, 2010. [9] These guidelines introduced the concept of "upward pricing pressure" resulting from a merger between competing firms.
1.2 21 2 1948 Central New York Power Corporation [28] New York Power and Light Corporation Buffalo Niagara Electric Corporation 0.500 6.5 3 1945 Pittsburgh Coal Company [29] Consolidation Coal Company: 0.160 2.8 4 1948 Long Island Lighting Company [30] Queens Borough Gas and Electric Company Nassau & Suffolk Lighting Company 0.140 1.8 5 1941
1997 NationsBank Corp. Boatmen's Bancshares: NationsBank Corp. $9.6 billion Bank of America: 1997 Washington Mutual: Great Western Financial CorporationGreat Western Bank: Washington Mutual: $6.8 billion JPMorgan Chase: 1997 First Union Corporation: Signet Banking Corporation First Union Corporation: Wells Fargo: 1997 National City Corp. First ...
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John H. Biggs (born July 19, 1936) is a former director of The Boeing Company from their 1997 merger with McDonnell Douglas [1] [2] until May 2011, [3] and the National Bureau of Economic Research as well as a trustee of Washington University in St. Louis.
Telecom companies WorldCom and MCI Communications announce a US$37 billion merger to form MCI WorldCom (the largest merger in U.S. history). A Fairfax, Virginia, jury finds Mir Qazi guilty of murdering two CIA employees in 1993. November 12 – Ramzi Yousef is found guilty of masterminding the 1993 World Trade Center bombing.
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