11.   France Telecom may also lack the financial and management flexibility that Deutsche Telekom has to make a large acquisition right now.

12.   Gains early in the week on hopes the Spanish utility Endesa would make a large acquisition faded later in the week.

13.   Georgia-Pacific, he said, had focused on cash flow while absorbing several large acquisitions and while pulp and paper markets were depressed by a worldwide oversupply.

14.   He tried to dissuade Wall Street from worrying that BankAmerica, second only to Citicorp in American banking, would pursue another large acquisition.

15.   In late October, the Federal Trade Commission made a second request asking for more information in their review, a move that is typical in such large acquisitions.

16.   In October, Lucent was finally able to make large acquisitions without being penalized by certain accounting rules that apply to spin-offs.

17.   Its massive size makes large acquisitions more feasible, he said.

18.   No wonder regulators, investors, employees and passengers all doubt the wisdom of another large acquisition.

19.   One reason merger activity accelerated was low interest rates, which enabled corporations to sell debt to pay for a range of large acquisitions or planned takeovers.

20.   Parmalat shares sank early last year as a large increase in its debt and large acquisitions raised concern it would have to ask shareholders for fresh cash.