111. Environmental technology companies tend to be relatively small, so funds favoring these would risk under-performing during times when larger company stocks are in the ascendant. 112. Executives like the holding company structure because it allows them to break larger companies into smaller, nimbler units without losing the tax advantage of a single corporation. 113. Fearing rising interest rates and inflation, many investors opted for the greater safety and earnings power of larger companies. 114. For example, the larger company may sell goods to the other at inflated prices, creating big profits for itself while causing losses for its smaller partner. 115. For many, joining a start-up is still considered boot camp for managing larger companies. 116. Forty years later, the two houses, now divisions of a larger company, Random House Inc., remain nearly as independent as ever. 117. Gillette is still a much larger company than EMC. 118. Gulfstream has a history of moving back and forth between independence and control by a larger company. 119. He also will oversee a much larger company than did Wells with the addition of Capital Cities, according to Eisner. 120. He and other executives are in merger negotiations with DuPont, a much larger company with more traditional ways. |