Words similar to citicorp
Example sentences for: citicorp
How can you use “citicorp” in a sentence? Here are some example sentences to help you improve your vocabulary:
In essence, after all, what the Citigroup merger involves is Travelers shareholders trading half their shares--actually it's a little more than half, since Travelers officially acquired Citicorp--in Travelers for shares in Citicorp.
The paper reminds those scoring at home that the $60 billion merger is the second largest in corporate history, trailing only March's $70 billion Citicorp/Travelers Group union.
Sears failed with Dean Witter, Citicorp failed in the late 1980s when it tried to expand operations, and Sandy Weill--head of Travelers--failed miserably when Shearson joined with American Express.
But when you realize that people take more time to decide what car they're going to buy than Weill and Citicorp's John Reed took to decide on a $70 billion deal, a little uneasiness might be in order.
The Post notes however, that unlike last week's Citicorp/Travelers move, which challenges Depression-era laws barring different types of financial services from being offered by a single company, this bank merger is within the boundaries of current law, because in 1994, Congress allowed coast-to-coast banking.
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