Advertisement
HomeCollectionsMerge
IN THE NEWS

Merge

FEATURED ARTICLES
HEALTH
By Meredith Cohn, The Baltimore Sun | June 30, 2010
Timonium-based mental health service provider Mosaic Community Services said it will merge with another provider, the North Baltimore Center, as of Thursday and expand its reach into Baltimore City from surrounding counties. The merger gives the providers a combined client base of 20,000 a year, staff of more than 700 and budget of about $36 million. The move by the two, both affiliates of Sheppard Pratt Health System Inc., will allow better management of programs and finances, officials said.
ARTICLES BY DATE
BUSINESS
By Arthur Hirsch and The Baltimore Sun | September 24, 2014
Bethesda-based accounting, tax and consulting firm Watkins Meegan LLC will combine its practice with one of the country's leading firms, New York-based CohnReznick LLP, in an agreement expected to take effect Nov. 1. The combined firm is expected to have annual revenues of $600 million, nearly 300 partners, about 2,750 employees and 28 offices. Founded in 1975, Watkins Meegan also has offices in Annapolis and Herndon and Tysons Corner, Va. CohnReznick, the nation's 10 t h largest accounting firm, has offices in Baltimore and Bethesda.
Advertisement
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | October 15, 1995
In the end, Potomac Electric Power Co.'s future was determined largely by its size.Surrounded by behemoths such as Virginia Power Co., Pepco's relatively limited area and small customer base made the Washington-based power company a likely target for a takeover in an industry that is aggressively moving toward competitiveness.But by agreeing last month to merge with Baltimore Gas and Electric Co. to form the nation's ninth-largest utility, nearly 100-year-old Pepco ensures both that it will be in the vanguard of industry trends and to a certain extent control its destiny.
BUSINESS
By Natalie Sherman and The Baltimore Sun | September 12, 2014
Maryland-based EMG merged this month with an Arizona firm, a move that adds project management services to the Hunt Valley engineering, environmental and capital planning company's capabilities. The deal with Arizona-based Quality Project Management also expands EMG's geographic reach. Together the companies have about 450 employees in 37 states, of which about 350 were part of EMG prior to the merger. "The transaction's synergies enable us to serve our clients at every stage of the real estate lifecycle, from the acquisition of portfolios and asset management to planned capital improvements and the disposition of properties," EMG CEO Claude N. Limoges said.
NEWS
BY A SUN STAFF WRITER | June 3, 1998
Two gubernatorial agencies promoting public service have merged as the Governor's Office on Service and Volunteerism, headed by Kathryn Shulman, executive director.The Commission on Service assisted the state's 1,000 AmeriCorps workers and the 350,000 students in grades 6-12 working toward the 75-hour service requirement for graduation. The Office on Volunteerism organized programs such as Maryland's Promise, directed by Margaret O'Neill, to prepare volunteers to help 38,000 at-risk youngsters.
BUSINESS
By Journal of Commerce | December 18, 1991
Two of this country's largest mutual insurance companies said yesterday that they will merge in an attempt to strengthen their position in a troubled marketplace while they still can.Bill Wallace, chairman and chief executive officer of Home Life Insurance Co., said the move to merge with Phoenix Mutual Life Insurance Co. began last February, well before the recent failure of another mutual company, Mutual Benefit Life of Newark, N.J.Calling it "an important...
BUSINESS
By Bloomberg Business News | January 22, 1995
BOSTON -- Putnam Investments plans to merge two municipal bond funds in a move that some analysts say is designed to save the firm money."It isn't economically attractive to run a muni-bond fund that's less than $50 million in size," said Donald Cassidy, an analyst at Lipper Analytical Services Inc. The fixed costs of running a small muni-bond fund roughly equal the fees that are generated, he said.Putnam said costs played a part in the decision to merge the $43-million Investment Grade Intermediate Trust with the $7.5-million Intermediate Tax Exempt Fund.
NEWS
By Jody K. Vilschick and Jody K. Vilschick,SPECIAL TO THE SUN | August 13, 2002
IT'S RARE for compliments about other drivers to arrive in my inbox, so when I received Ronald Spoor's comments last week, I whooped and hollered with delight. "To counter the Maryland merge criticism that I often witness in your column, I would like to offer that I am generally impressed with drivers in Maryland and their ability to merge efficiently," the Columbia resident said. "In Pennsylvania, drivers actually stop on on-ramps regardless of the fact that there may be 10 miles of heavy traffic in the right lane and that it will take 10 minutes before they will find the large gap they will need to accelerate from 0 mph to 60 mph. This creates tremendous backups on on-ramps and is extraordinarily inefficient, not to mention the danger of bringing a car from 0 mph to 70 mph in heavy traffic," he continued.
BUSINESS
By New York Times News Service | September 7, 1993
PARIS -- After two years of partnership and several months of complex negotiations that were concluded only on Friday, Renault of France and Volvo of Sweden announced yesterday that they would merge on Jan. 1, forming the world's sixth-largest automotive group.The merger, which had long been rumored and became widely anticipated over the weekend, is aimed at allowing the two companies to weather the severe recession buffeting the European automobile industry. It will also strengthen them as they prepare for the tougher competition that will come when all restrictions on Japanese auto sales in the European Community are lifted in January 1999.
BUSINESS
By Kim Clark | January 17, 1991
The owners of two of Baltimore's stainless steel plants have decided to merge.Cyclops Industries Inc., owner of the Eastern Stainless Steel plant on Rolling Mill Road near Eastpoint, announced yesterday that it had agreed to be taken over by Armco Inc., owner of the troubled Baltimore Specialty Steels plant on East Biddle Street.Parsipanny, N.J.-based Armco said it would pay $156 million, or $22 a share, for all of Cyclops' stock, $9.75 more than the stock's price before the announcement.
BUSINESS
By Natalie Sherman, The Baltimore Sun | July 31, 2014
Two of the area's Habitat for Humanity groups said Wednesday they plan to merge this fall, a move designed to ease fundraising and the coordination of volunteers. The combined organization is to take the name of the Halethorpe-based Habitat for Humanity of the Chesapeake, with Sandtown Habitat for Humanity's 10-person team absorbed into the larger, 70-person organization. Chesapeake CEO Mike Posko, who is to continue to lead the affiliate, said the merger will reduce confusion among donors and volunteers, who were previously torn between the two groups.
BUSINESS
By Scott Dance, The Baltimore Sun | April 29, 2014
Orbital Sciences Corp. and Alliant Techsystems Inc. said Tuesday that they plan to merge in a $5 billion deal, creating a new aerospace and defense company called Orbital ATK Inc. that will employ 4,000 people in Maryland and Northern Virginia. The top executives of both companies said they spent six months discussing the all-stock deal, calling it a "merger of equals" that complement each other's business. The new company will be based at Orbital's campus in Dulles, Va., and Orbital CEO David Thompson will lead it. Thompson and Mark DeYoung, CEO of ATK, said they don't foresee changes at major ATK operations in Maryland, including the company's defense group based in Canton and at offices focused on space and satellite business in Elkton and Beltsville.
ENTERTAINMENT
By David Zurawik and The Baltimore Sun | April 11, 2014
After 45 years in the radio business, Ed Kiernan Friday told the staff at WBAL that he will be retiring this summer as vice president and general manager of radio stations WBAL-AM and WIYY-FM. “Having closely worked with Ed for all these years, I know firsthand how he has enhanced all aspects of the radio business he has managed with his enthusiasm, good humor and leadership,” Hearst Television President Jordan Wertlieb wrote in statement.  “With Ed at the helm, WBAL has been among the nation's most honored radio stations and a major community force through the WBAL Radio Kids Campaign.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | March 31, 2014
The Men's Wearhouse Inc. hired a business advisory firm to help it merge with Hampstead-based Jos. A. Bank Clothiers Inc. once it acquires the rival retailer in a $1.8 billion deal announced earlier this month. The firm, AlixPartners, will help Men's Wearhouse find ways to streamline purchasing, customer service, marketing and corporate functions of the two chains to save an estimated $100 million to $150 million a year. Doug Ewert, Men's Wearhouse president and CEO, reiterated the company's earlier plans to retain Jos. A. Bank stores under a separate banner.
BUSINESS
By Heather Somerville, San Jose Mercury News | March 6, 2014
The days of the conventional supermarket are numbered. Safeway Inc.'s announcement Thursday that private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion is the latest sign from the troubled grocery industry that supermarkets have fallen out of style. The deal combines Safeway with Cerberus' Albertsons chain, creating a dominant grocery franchise on the West Coast. It also creates a grocery network of more than 2,400 stores and 250,000 employees. Safeway has more than 20 stores in the Baltimore area.
ENTERTAINMENT
By Bret McCabe, For The Baltimore Sun | February 14, 2014
" 'Occupy' is a big word, and, of course, when you say that to people it elicits a very specific thing," says Vincent Thomas. The dancer, choreographer and associate professor in Towson University's dance department sits in a North Baltimore coffee shop sipping chai and discussing his multimedia Occupy project, which makes its Baltimore debut Feb. 14-16 at the Theatre Project . He says the ideas that grew into this performance started a...
BUSINESS
By ALLISON CONNOLLY and ALLISON CONNOLLY,SUN REPORTER | August 22, 2006
Performax, a Baltimore-based health care benefits administrator, said yesterday that it will merge with Minneapolis-based Corporate Benefit Services of America Inc. to form the nation's fourth-largest self-funded health benefits provider. The combined company, which will be known as CBSA Performax and headquartered in Baltimore, will have more than 500 employees, 21 offices and 800 clients in 46 states, the companies said yesterday in a statement. Terms of the deal were not disclosed. Jacob L. Canova, president and chief executive officer of Performax, will become chief executive of the combined company.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Staff Writer | January 13, 1994
As part of its strategy to expand by targeting younger customers through casual attire, London Fog Corp. said yesterday that it will merge with a leading West Coast outerwear designer.London Fog also announced that it will close two of its raincoat manufacturing plants, including one in Washington County that employs 300 workers.London Fog's chairman, Arnold P. Cohen, called the merger a "perfect business marriage" that would give his company -- the nation's top manufacturer of raincoats -- a bigger share of the market in outerwear sold through discount outlets and clubs.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | January 13, 2014
A New York hedge fund's push to force Hampstead-based Jos. A. Bank Clothiers Inc. to negotiate with suitor Men's Wearhouse could make it more difficult for Bank to fight off the rival chain's $1.61 billion hostile takeover attempt. Eminence Capital LLC, a major shareholder in both companies, asked a Delaware court Monday to force the men's retailer to consider the offer from the Houston chain and to stop Bank from acquiring another retailer to thwart the bid. Eminence, which owns 4.9 percent of Bank's common stock and is Men's Wearhouse's largest shareholder, also sent a letter Monday to Bank's board urging it to pursue the Houston chain's proposed merger.
NEWS
By Michael Dresser, The Baltimore Sun | January 6, 2014
Maryland's judiciary is urging the General Assembly to streamline the state's system for setting or denying bail for criminal defendants, replacing the current two-step process with a single hearing before a judge most of the time. A task force appointed by Court of Appeals Chief Judge Mary Ellen Barbera delivered its recommendations Monday to a panel set up by the legislature. The two study groups have taken significantly different approaches to how the state should respond to a Court of Appeals decision guaranteeing defendants legal representation at both steps in the bail review process - a ruling that could cost the state public defender's office alone about $30 million a year.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.