31.   If the Securities and Exchange Commission approves the Steadman merger proposal, the issue will be put to a shareholder vote.

32.   If the boards approve a merger proposal, it will go to the members for a final vote.

33.   In a separate matter spawned by the merger proposal, Nycomed said it will go ahead with the spin off of its energy businesses from the pharmaceutical unit.

34.   In recommending that seat holders accept the deal, the board of the Philadelphia exchange is rejecting a merger proposal from the Chicago exchange.

35.   Investors in London and Australia were uncertain how to react to the unprecedented merger proposal, analysts said.

36.   Loewen Group Inc. said its board, as expected, voted unanimously to reject an unsolicited merger proposal from Service Corp. International.

37.   Meeting with reporters Tuesday, Barrett tried to distance his decision to resign from the failure of the merger proposal.

38.   Morgan, however, has rebuffed various merger proposals in the last year, including overtures from the Travelers Group and, more recently, Credit Suisse.

39.   Merger proposals that changed those numbers raised objections.