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You in all probability know that October 18th been the Second International Day of Action In opposition to Contract Dishonest , and noticed the bunch of joyful faces from numerous faculties holding a sign I do not contract cheat because…” The preferred answers were As a result of it isn’t honest” and As a result of I want to be judged for my own work”. Nevertheless, the most sincere, to our taste, was the lady holding the whiteboard with just one phrase written in all caps: CONSEQUENCES”.

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Vodafone entered the fray on January 7 with a bid of round $55 billion, or $89 per share. Negotiations continued for the following a number of days till, on January 15, Vodafone agreed to pay $97 per share, for a complete of $sixty two billion. That value was 33% more than Bell Atlantic’s original offer and forty three% more than AirTouch’s share worth earlier than the first rumors of Bell Atlantic’s supply had surfaced. Implicit within bid4paper the deal was the truth that for its shareholders to break even, Vodafone must discover value savings and income turbines worth at least $20 billion. But the market favored this deal very a lot. During the course of this bidding war, Vodafone’s stock value truly increased some 14%.

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