Definitions (2)
1. Communications: Complete electrical circuit consisting of two wires (together called a 'loop'); that connects a customer's (subscriber's) phone with a telephone company central office (exchange).
2. Management: See line and staff management.
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What Counts Most in a Merger
The language utilized in mergers tends to confuse the issues and encourage irrational actions by managers. For example, dilution is usually carefully calculated on a pro forma basis for both book val ... Read more
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