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But critics of the merger, both in London and Frankfurt, say the plans were made hastily and glossed over many sensitive issues.
Under the proposed terms of the merger, both NYSE Euronext and Deutsche Borse would have equal representation on the combined company's board, and the merged exchange would have dual headquarters in New York and Frankfurt.
The name of the new company will be a critical factor in determining support for this merger, both in the regulatory review process as well as in the court of public opinion.
HDFC will probably invest about Rs39bn to bring its shareholding back up, a infusion that will further bolster the bank's capitalisation.Ahead of the curveAlthough some analysts say there was no clear immediate imperative for the merger, both banks were simply preparing for the future.
He had one advantage going into the merger: Both businesses were profitable (though Stora was noticeably inefficient).
After the merger, both restaurants continued operating under the different titles, while major financial restructuring had begun, eventually becoming publicly traded in 1989, with sales increasing by 8.3%.
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"It's about being better poised to compete," Mr. Graff said of mergers both televised and otherwise.
Of the two bigger mergers, both will have roughly the same level of drug sales—$12 billion-15 billion—and both expect annual cost savings of more than $1 billion once they are up and running.
Industry analysts and management experts are impressed by Mr. Capellas's credentials as an outstanding operations executive who has experience melding the disparate corporate cultures and businesses assembled by mergers, both at Compaq and Hewlett-Packard.
In the case of AstraZeneca, this will come at the price of roughly 6,000 jobs; Hoechst and RP are less forthcoming on probable job cuts, in part because they must deal with strong unions and socialist governments at home.The two bigger mergers both promise better access to the American market, a key concern for European firms.
So as the NFL season approaches (the most lucrative time of the year for both companies), it will be interesting to see how they approach this, considering pre-merger both were spending money on advertising at an unsustainable rate.
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CEO of Professional Science Editing for Scientists @ prosciediting.com