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The sale of VMTV to Sky is expected to be the first step in a consolidation of the UK commercial TV sector that is also likely to see new ownership of Channel Five.
The offer -- which came as the ink was still wet on the agreement by Exxon to acquire Mobil in a record $80 billion takeover, creating the world's largest oil company -- was seen as the first step in a consolidation of the European oil industry, which has been characterized in large part by national companies serving narrow domestic markets.
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In this paper, we take a first step in a fundamental consolidation of the fuzzy XML data model.
Those familiar with Mr. Sillerman's past efforts in consolidating holdings in the radio and concert businesses and then selling them in multibillion-dollar deals said that this was very likely the first step in a grand-scale consolidation of music management companies (as well as segments of the film and television talent management business).
ASSOCIATED PRESS How a Fiat-Chrysler Merger Could Work | Sergio Marchionne has long envisioned a fully integrated Fiat-Chrysler as the first step in a continuing consolidation designed to squeeze out the excess capacity that plagues the car industry, particularly in Fiat's home market, Rob Cox of Reuters Breakingviews writes.
Preforming of thermoset prepregs is a first step in PCM followed by consolidation and curing.
Satellite has no play upstream, and a satellite consolidation will likely be just the first step in bundling the Net to complete the roundtrip.
Mr Stevenson says AB's acquisition is step in the consolidation of a fragmented industry.The deal also suggests that, for all the hype around direct-to-consumer genomics, personal genomics may make its first profits in the less glamorous area of medical diagnostics.
Shcherbytsky's promotion marked an important step in the consolidation of power in Moscow by his patron, Brezhnev, and a turning point in Ukrainian postwar politics.
A further step in the consolidation of power was the purge of Pauker and the Muscovites by Gheorghiu-Dej in 1952.
Washington appealed to the president and Mr Ivanishvili to work together, praising Georgia's citizens for a "significant step in the consolidation of Georgian democracy".
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