Business: General Motors sets EDS split-off

Article Abstract:

General Motors awaits approval from shareholders and the IRS for the split-off of EDS. The computer service arm is rapidly expanding in the areas of outsourcing and computer system consulting. Ross Perot founded the firm in 1962, and GM bought it 1984 for $2.5 bil. The stock split is discussed.

Mergers, acquisitions and divestments, Finance, Electronic Data Systems Corp., General Motors Corp., GM, GME

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Amman economic summit sets further regional ties

Article Abstract:

The second major Middle East and North African economic summit was held from Oct 29-31, 1995, in Amman, Jordan. Normalization with Israel was one of the most controversial topics. A US-plan to establish a development bank was approved and Israel agreed to buy natural gas from Qatar.

Planning, Conferences, meetings and seminars, Israel, Economic policy, Middle East, Israeli foreign relations, Development banks, Northern Africa, Qatar, Qatari foreign relations, Amman, Jordan (City)

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