21.   New Oji Paper, whose shares will be almost equally valued with those of Honshu Paper when the merger takes place, also dropped.

22.   No matter which company wins the war for control of Conrail it is unlikely that a merger will take place for at least two years.

23.   Oil companies are loath to forced closure, so analysts said it may take several years of retailer attrition before mergers take place that include sales units of companies.

24.   Others, however, like Bower of Altman Weil, believe that further trans-Atlantic mergers may take a while to come.

25.   Press reports said the merger will take the form of a stock swap, with two shares of Suez for one of Lyonnaise.

26.   Press reports have said the merger will take the form of a stock swap, with two shares of Suez traded in for every one of Lyonnaise.

27.   Richardone held that office for six months before the merger took place between the transit police and the city department.

28.   Several completed multibillion-dollar acquisitions in the past year, and they restated past results as if the merger had already taken place.

29.   Some executives left because they expected to lose their positions if the Staples merger took place.

30.   Some bankers were skeptical that a merger would take place at all, or at least soon.