John Dillon
John Dillon
John Dillonwas an Irish politician from Dublin, who served as a Member of Parliamentfor over 35 years and was the last leader of the Irish Parliamentary Party. By political disposition Dillon was an advocate of Irish nationalism, originally a follower of Charles Stewart Parnell, supporting land reform and Irish Home Rule...
champion closer completed merger optimistic
Now that the merger is completed and we have had a closer look into Champion's businesses, we are even more optimistic about the opportunities this acquisition will provide,
aid both countries debt extra meet
At least 62 low-income countries need both immediate, unconditional debt cancellation and extra aid to meet the U.N. development goals.
business businesses close fit nice ours papers position printing wood
They're headquartered very close to our headquarters, their businesses fit very well with ours - big printing papers business, an important wood and timber business - they've got a nice, nice position in Brazil, as well as a position in Canada,
affect although announced asia completing continue economic last major problems program progress southeast
Although the economic problems in Southeast Asia continue to affect some of our major businesses, we've made significant progress in completing our restructuring program that was announced last July.
champion expect forward merge offer point superior
Champion declared our offer to be superior yesterday, ... So at this point we are the superior offer and we expect to go forward and merge the two companies.
ceos concerned economy months reflects six survey weakness
This survey reflects that CEOs are more concerned about the weakness in the economy than they were six months ago.
commitment company conditions continuing costs economic facing financial further improve market necessary reduce require resources serve within
But the market and economic conditions we are facing require that we further reduce costs within the company, ... We are realigning our resources as necessary to improve our financial results, while continuing our commitment to serve our customers.
completed continue cost difficult improve quarter strong structure underlying
We completed the first quarter with strong momentum, and we continue to improve our underlying cost structure in a difficult macro environment,
benefits merger million putting somewhat
We've indicated that we see $425 million in merger benefits from putting two U.S. organizations together, ... That's somewhat different than with UPM, of course; they're headquartered in Finland, and they will not see the same kind of merger benefits that we will, and merger benefits are important in acquisitions and mergers.
along bringing champion combined good paper presented together tremendous
We've said all along that bringing together International Paper and Champion makes good sense because of the tremendous opportunities presented by a combined organization.
began capacity continued continues demand environment external financial improved match operations reduce resources staff
The external environment continues to be very difficult, ... We have continued to reduce our capacity to match demand from our customers, improved our operations and began to realign staff resources to better our financial results.
attractive cash champion far offer stock
Our cash and stock offer is far more attractive to Champion shareholders,
capacity favorable financial impact management performance rigid
Our capacity management and divestiture efforts, coupled with a rigid financial discipline, are having a favorable impact on our performance and will continue.
ahead camp merger union
Our merger with Union Camp is going not only well, but well ahead of expectations.