Bell Atlantic, GTE hold merger talks

Article Abstract:

Amid a series of telecommunications megamergers, New York-based Bell Atlantic Corp. and Stamford, Conn.-based GTE Corp. have been holding high-level negotiations on a merger. The value of such a merger is estimated to be between $52.5 billion and $55 billion, creating a with $53 billion in revenue, 62 million telephone lines and would allow Bell Atlantic to enter into coveted long-distance markets. While officials from both companies have declined to comment, it is possible that the deal will collapse under scrutiny by federal regulators, whom have stepped-up their close scrutiny of telecommunications mergers, particularly mergers of companies with cellular assets.

Comment:

Amid talks on a merger with Bell Atlantic, federal regulators have stepped-up their scrutiny

Acquisitions & mergers, Wired Telecommunications Carriers, Telephone Communications, Telephone services, Bell Atlantic Corp., GTE Corp.

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Jeep's challenge: stay rugged but add room for golf clubs

Article Abstract:

Increased competition from foreign and Big 3 rivals has pushed the Chrysler Corp. to redesign the Jeep Grand Cherokee. Faced with the dilemma of adding high-tech comfort and convenience features, while maintaining its rugged image, Jeep spent $2.65 billion, 2 or 3 times what Chrysler normally spends on new car developments, in an effort to keep its leadership position in luxury sport-utility-vehicles. New features include improved off road capability and enough cargo space to carry 8 golf club bags.

Marketing procedures, Company Planning/Goals, Utility Vehicles, Light Truck and Utility Vehicle Manufacturing, Demographics, Sport utility vehicles, Chrysler Corp.

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