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Any company attempting an acquisition in the forestry products sector risks launching its share price into a free fall, or so it would seem from stock market reactions to recent bids. When UPM-Kymmene (Finland) announced a bid for Champion International (United States) in February 2000, for...
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US investment banks are cutting costs by shrinking employment, but they can trim other types of spending without causing serious damage to their culture or morale.
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