International Herald Tribune

Notes: *utility company = a company which supplies the public with gas, water, electricity etc.

**holding company = a company that holds a controlling number of shares in one or more companies

Task 4. Give Russian equivalents for the following phrases:

To lose a bid

To block an offer

To double a stake

Refused to increase the maximum amount

To dash hopes of taking over the company

To make it (the company) the vehicle for expansion plans

The outcome of the vote

To jointly develop new computer technology

The stock rose on the announcement

The deal initially calls for Dell to buy…

The companies eventually expect broader sharing of technology

Co – developing new products

Help the company increase its competitiveness

To run networks

The biggest competitors get together on a technology agreement

The fast-growing data networking business

To acquire two private companies

To be in preliminary discussions

A private data- networking company

To announce an agreement to acquire a $30 million stake

The acquisitions will be folded into a new venture

Write down 10 sentences using the above vocabulary.