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"I may order merger arbitrage for dessert but I don't want it for my meal," insists one pension-fund manager.
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It can then impose conditions, or even order mergers unpicked if it thinks them irredeemably anti-competitive.
But Beijing officials and industry executives have been predicting that the government would order mergers to produce as few as three state-owned businesses that would coordinate production and prices.
C3 Judge Orders Merger A judge ruled that Tyson Foods Inc., the nation's largest poultry producer, had no legal grounds for withdrawing its $4.7 billion offer to buy IBP Inc. and ordered Tyson to complete the deal.
Of the numerous policies, Xi emphasized the importance of cutting the state-owned enterprises' (SOEs) sprawling over capacity and announced that the government would start ordering mergers of SOEs by pooling together their resources to obtain bigger market shares and more efficient operating structures.
Courts that handle suits may well visit rarely explored legal territory, as the Delaware Court of Chancery recently did in ordering the merger of IBP, the nation's biggest beef packer, and Tyson, the biggest domestic poultry producer.
Mao ordered the merger of Protestant denominations in China in 1958; while different strands of Protestantism have informally re-emerged since Mao's death in 1976, they must share a small supply of seminary graduates and other pastors trained at Bible schools operating informally.
It is therefore crucial that the phew allows the order of mergers to change without causing different results.
AT&T said it remained in compliance with the F.C.C.'s earlier merger order, and that it did not believe that "tonight's order requires us to take any action different from those we are already taking".
"The merger order required AT&T to submit, by Dec. 15, 2000, a written document stating which one of the three compliance options it has elected to satisfy the merger order's video condition," the F.C.C. order said.
"The remedy -- as some might observe -- appears to be an unusually regulatory solution for a merger order".
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