51.   Following the merger, Jim Matthews would serve as President of Heafner Tire Group - ATD Division, as well as serve on the executive committee of Heafner.

52.   Following the merger, the airline plans to seek an international share offering in Hong Kong or New York.

53.   In a statement the companies said be some staff reductions would follow the merger.

54.   In his letter, Mack said Morgan Stanley became an industry leader following the merger.

55.   Matrix president Lim Soon Hock said following the merger of CPRM and Portugal Telecom, CPRM had reassessed its international strategy.

56.   So has the foundation, which was established following the merger four years ago of two large savings banks and their respective foundations.

57.   Some employees have been laid off following the merger of functions.

58.   The Daily Variety story coincides with similar forecasts that CNN will soon trim jobs by the hundreds following the merger of its parent, Time Warner, with AOL.

59.   The closing follows the merger of AOL and Time Warner, and warnings that the combined company would cut costs.

60.   The London-based ICO Global Communications, however, claims it will provide the best technological system following its merger with Odyssey.