21.   An offering from the combined company is expected by late this year.

22.   Analysts said the combined company would dominate the business of catering to high rollers.

23.   Analysts said, however, that the combined company will slash thousands of jobs overall.

24.   And by June, it was clear to many inside GE and Honeywell that Monti would require the combined company to make major concessions to win his approval.

25.   Analysts said it is likely that SmithKline directors would run a combined company, with Leschly the most likely candidate for chief executive.

26.   And some, by creating a stronger combined company, may be good news for bondholders.

27.   And officials at the Pentagon, which will be the biggest single customer of the combined company, expressed only minor reservations about the merger.

28.   And in the proposed AOL-Time Warner merger, it is likely that the E.U. will require the combined company to shed some businesses or change some practices.

29.   And they cautioned that the talks could still founder over issues ranging from financial terms to the governance of the combined company.

30.   And the combined company hopes to use them both.