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Mr Cromme took Krupp through mergers with Hoesch and Thyssen.
It has shunned mergers with other banks because of potential job losses.
Many states require reviews of utility mergers, with California, where GTE operates, among the most demanding.
There are constant rumours of possible mergers with Boeing or Lockheed Martin.
In subsequent years the company continued to pursue mergers with other airlines, most notably Iberia.
Mr Manitakis promises another 180 mergers, with much bigger savings, within weeks.
Things like scuttled mergers with the Warner Music Group and Bertelsmann.
"We are therefore exploring whether we need to start looking at mergers with valuable data involved".
Over the last year, Equant has discussed mergers with many partners, including Global Crossing and Infonet.
But Deutsche Telekom did not agree to accept mergers with neighboring cable operators automatically.
Pfizer is itself a product of a series of mergers, with mixed results.
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