With plans for the merger of most of the telecommunications interests of Plessey and GEC now announced (CI No 780), we now enter the phony war phase while the two companies try to dot the is and cross the ts on exactly what will go into the equally- owned company, who will run it, and […]
With plans for the merger of most of the telecommunications interests of Plessey and GEC now announced (CI No 780), we now enter the phony war phase while the two companies try to dot the is and cross the ts on exactly what will go into the equally- owned company, who will run it, and what cash transfers, if any, will be needed to justify the 50% ownership for each company.