21.   The companies will be merged into a new holding company that will issue new stock of the merged entity.

22.   The only potential antitrust hurdle in merging the companies will likely come in California, where the new company will own three refineries.

23.   The plans for a spinoff came after a bid failed to merge the company with Ivax Co. Inc. of the U.S.

24.   The same independent streak that makes him unwilling to merge his network suggests that Siegel has little intention of selling or merging his company.

25.   The second deal merges two companies with similar, neighboring territories but different electric rates.

26.   The terms of the agreement to merge the companies, which are advertising sales representatives for cable television systems, were not disclosed.

27.   The tide turned when Marvel subsidiary Toy Biz took over, merged the companies and launched Marvel Studios, run by youth-market guru Avi Arad.

28.   The two companies will be merged into PICOM Insurance Co., the Professionals Group operating unit.

29.   The terms of the settlement would extend to RJR if Brooke is successful and the two tobacco companies are merged as Brooke chairman Bennett LeBow plans.

30.   Then there was Ameriserve, which went bankrupt trying to merge four companies while the Feld Group was working on its information systems.