Govt. says Rupert Murdoch should stick to deciding general election results

Govt. says Rupert Murdoch should stick to deciding general election results

  Culture Secretary Karen Bradley has said that Rupert Murdoch should stick to deciding the UK’s general election results rather than trying to become all rich and powerful by taking over Sky.   Mr Murdoch already owns 39% of the satellite broadcaster but it is feared that a full takeover may result in the media…

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Quaker oats acquires Snapple and ends up losing $1.6 million per day

Quaker oats acquires Snapple and ends up losing $1.6 million per day

  Quaker Oats was founded in 1901 when four oat mills merged to form a larger entity. Over the subsequent years the company expanded into numerous other areas of business such as acquiring other breakfast cereals, food and drink products and even into completely unrelated fields such as children’s toys. The company bought Stokely-Van Camp,…

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Daimler Chrysler merger fails due to cultural differences

Daimler Chrysler merger fails due to cultural differences

  Back in May 1998, the top brass at car giants Daimler-Benz and Chrysler announced the biggest cross-border merger in industrial history. The rationale at the time was quite clear. Chrysler languishing in third place in the Detroit Big Three, was struggling to maintain its productivity and world standing.  The more prestigious Daimler Benz on…

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Time Warner AOL merger results in, ‘the greatest ever mistake in corporate history.’

Time Warner AOL merger results in, ‘the greatest ever mistake in corporate history.’

  Back at the turn of the millennium, AOL purchased entertainment giant Time Warner for $164 billion. The deal was announced on January 10, 2000 and it employed a structure that brought the two original companies together and merged them into a newly created entity. Due to the larger market capitalization of AOL, its shareholders…

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