NYNEX, Bell Atlantic set merger

Article Abstract:

Approval of the proposed merger between NYNEX Corp and Bell Atlantic Corp would create a telecommunications company worth $51 billion and would be the largest such merger ever. The merger will be accomplished through a stock swap and is expected to result in the loss of 3,000 jobs.

Analysis, Acquisitions and mergers, Bell Atlantic Corp., BEL, NYNEX Corp., NYN

---

Telecom sale to Italian firm folds

Article Abstract:

The Italian state telecommunications firm Societa Finaziaria Telefonica backed out of a deal to purchase 25% of the Russian firm Svyazinvest on Dec 25, 1995. The deal had been worth $1.4 billion and would have been the largest foreign investment transaction in Russia.

Foreign investments, Russia, Privatization, Privatization (Business), Societa Finanziaria Telefonica, Svyazinvest

---

AT&T announces plan to split apart

Article Abstract:

AT&T Corp announced on Sep 20, 1995, that it plans to split into three separate companies. The $101 billion breakup will be the largest divesture in US history. The three core areas will be communications services, communications equipment and computer applications.

AT&T Corp., T, TCC, AT&T Capital Corp.

Similar abstracts:

• Abstracts: Your estate, will, and children. You, business, executor: how to plan for your estate. You, family, business: which mistakes are you making?
• Abstracts: Baseball strike end seen. Baseball strike ends. Clinton fails to end baseball strike
• Abstracts: R&D Management Conference on 'quality and R&D.'(Conference Report) Workshop report: virtually connected creativity
• Abstracts: America Online sets Internet alliances. IBM issues hostile bid for Lotus. Microsoft abandons deal with Intuit
• Abstracts: Coming through loud and clear. Letting go of the details. Setting priorities effectively

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.