A merger with Alstom is unlikely in the near term, mainly because Alstom could not afford it.

近期不大可能和阿尔斯通合并，主要由于阿尔斯通负担不起。

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Make sure the Frisbee is held far enough away from Karen's face to avoid another near merger.

保证飞盘和卡伦的脸离得足够远避免另一个紧密合并。

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Many industry experts say the only solution for individual companies, to at least meet near-term demand, is merger and consolidation.

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The Office of Fair Trading (OFT) said the merger created a "near-monopoly" in the supply of kaolin.

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Morgan Stanley's reputation among blue-chip companies has remained strong, despite its near-death experience and earlier turmoil, such as the controversial merger with Dean Witter in 1997 and subsequent palace coup in 2005.

ECONOMIST: Morgan Stanley