IOMEGA SET TO CHARGE CUSTOMERS FOR ASSISTANCE
Date: 24 August 1996
Iomega Corp says that it will begin charging customers $15 to $20 for assistance over the phone, in response to flood of calls from customers seeking help installing and servicing its disk drives; says it will bill customers per incident, meaning that repeated calls about same problem would be billed as one call (S)
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ICN PHARMACEUTICALS TO SELL 5 MILLION SHARES
Date: 24 August 1996
ICN Pharmaceuticals Inc files with SEC to sell five million shares of new common stock, valued at more than $110 million, just one day after winning legal round as Federal jury rejects seven claims of securities fraud in class-action shareholder suit pending since 1987 (M)
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AMTRAN'S AIRLINE UNIT IN SWEEPING CHANGES
Date: 24 August 1996
Amtran Inc says that its American Trans Air unit will discontinue some scheduled flights and trim its fleet size in effort to cut costs and concentrate on its charter service (S)È
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HFS PLANS PUBLIC OFFERING OF AVIS'S RENTAL
Date: 24 August 1996
HFS Inc says that it plans to sell a majority of Avis's car rental business to public next year, rather than spin it off to HFS shareholders after franchiser's $800 million purchase of Avis is completed (S)
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AVANT IN $153 MILLION STOCK DEAL FOR META-SOFTWARE
Date: 23 August 1996
Avant Corp, maker of computer design software, agrees to buy Meta-Software Inc for about $153 million in stock (S)
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ARCHER DANIELS TO BUY STAKE IN MEXICAN COMPANY
Date: 23 August 1996
Archer Daniels Midland Co will buy 22 percent stake in Mexican corn products company Gruma SA for $258 million (S)
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MARINE MIDLAND TO BUY S.& L. IN ROCHESTER
Date: 23 August 1996
Marine Midland Bank agrees to buy First Federal Savings and Loan Association of Rochester from CT Financial Services Inc of Toronto for $620 million (S)
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VENEZUELA TO STUDY CHARGE BROUGHT BY PEPSICO
Date: 24 August 1996
Venezuela's Antimonopoly Commission says that it will study motion submitted by Pepsico Inc that a proposed joint venture between its former bottler--the Cisneros Group--and Coca-Cola Co would create soft drink monopoly, in violation of Venezuelan law (S)
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BORLAND'S FINANCIAL OFFICER TO RESIGN
Date: 24 August 1996
Gary Mullin, chief financial officer of Borland International Inc, says he will leave troubled software company in mid-September after 10 months on job (S)
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UNITED AIRLINES BUYS 24 JETS FROM AIRBUS INDUSTRIE
Date: 23 August 1996
United Airlines and Airbus Industrie, European aircraft consortium, says that United bought 24 Airbus A319 aircraft valued at $900 million (S)
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