America Online Inc. and Time Warner Inc. today announced plans to merge in an all-stock deal the companies value at US$350 billion.
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Baan said Mary Coleman has resigned as chairman and chief executive officer.
Not coincidentally, Baan is taking charges of roughly $US200 million, according to a company statement, and plans to close 14 branch offices and reduce its workforce by about 4 per cent in yet another company restructuring.
Baan Co. NV today said Mary Coleman has resigned as chairman and chief executive officer.