Expect to see a lot about how this is a merger of equals, with a headquarters and chief executive in New York.
In 1998 the Germans returned with a deal pitched as a merger of equals, though it was not seen as such by most Americans.
Rather than a merger of equals, it still looks to some Canadians like a takeover of the moderate Progressive Conservatives by the western-based Alliance.
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As to reasons for the falling out, analysts pointed to the fact that what was supposed to be a merger of equals had become effectively a takeover of Dresdner by Deutsche: the bigger bank was to have held 60-64% of the new entity, which would be called just "Deutsche Bank", with Dresdner Bank share holders owning the other 36-40%.
Led by billionaire investor Kirk Kerkorian , the shareholders claim Daimler-Benz misrepresented the merger of Chrysler as a "merger of equals" in 1998.
"We can confirm that Lucent and Alcatel are engaged in discussions about a potential merger of equals that is intended to be priced at market, " said a Lucent statement released late Thursday night.
Anglo American rebuffed a "merger of equals" bid from Xstrata on Monday night.
Their relationship ended during a dispute over the terms of a deal to forge a single business out of Xstrata and Glencore, with Glasenberg annoyed that Davis joined a push for more generous terms, a demand which was met but which also turned a so-called merger of equals into a hostile takeover and the break-up of the team.
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In a statement, they said the new proposals represented "a fundamental change to the governance structure which underpinned the agreed merger of equals" initially announced in February.
In a statement, Xstrata's independent directors said the new proposals represented "a fundamental change to the governance structure which underpinned the agreed merger of equals" initially announced in February.
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