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...
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.
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.
attractive cash champion far offer stock
Our cash and stock offer is far more attractive to Champion shareholders,
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.
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.