CHRONICLE
Date: 01 May 1997
By Elaine Louie
Elaine Louie
CBS Evening News anchor Dan Rather will give keynote address in observance of World Press Freedom Day at United Nations General Assembly on May 2; Rather, who is founding member of Committee to Protect Journalists, says committee reported 185 journalists were imprisoned in 24 countries in 1996, and 27 were killed because of their work (Chronicle column) (S)
Full Article
South Korean Company Cuts Costs and Workers
Date: 01 May 1997
By Bloomberg News
Bloomberg News
Ssangyong Group is merging three units and selling one, aiming to cut costs; concern will cut work force at its South Korean headquarters by 20 percent and reduce number of Ssangyong's companies to 21 from 25 (S)
Full Article
MERFIN ACCEPTS REVISED TAKEOVER BID OF $140 MILLION
Date: 01 May 1997
By Bloomberg News
Bloomberg News
Merfin International Inc accepts sweetened takeover offer of $140 million (US), including assumed debt, from Buckeye Cellulose Corp (S)
Full Article
INGRAM MICRO BUYING UNIT OF INTELLIGENT ELECTRONICS
Date: 01 May 1997
By Bloomberg News
Bloomberg News
Ingram Micro Inc is buying Intelligent Electronics Inc's computer distribution business for $78 million in cash and assumed debt (S)
Full Article
WMX TO BUY BACK 30 MILLION SHARES IN DUTCH AUCTION
Date: 30 April 1997
By Bloomberg News
Bloomberg News
WMX Technologies Inc expects to purchase 30 million of 88 million shares tendered in its Dutch auction offer (S)
Full Article
SYBRON INTERNATIONAL ACQUIRES MICROBIOLOGY CONCERN
Date: 30 April 1997
By Bloomberg News
Bloomberg News
Sybron International Corp says its Erie Scientific Co subsidiary has acquired Remel LP for $155 million in cash and assumed debt, expanding Sybron's position in microbiology industry (S)
Full Article
HOLLINGER TO SEEK FULL CONTROL OF NEWSPAPER CHAIN
Date: 01 May 1997
By Bloomberg News
Bloomberg News
Hollinger Inc will offer $660 million (US) to take full control of Southam Inc, Canada's largest chain of daily newspapers (S)
Full Article
CAI WIRELESS SYSTEMS TO BUY BACK DEBT FROM BABY BELLS
Date: 01 May 1997
By Bloomberg News
Bloomberg News
CAI Wireless Systems Inc has renegotiated an option to buy back $100 million of debt held by Bell Atlantic Corp and Nynex Corp from an abandoned joint venture (S)
Full Article
CAPSTAR BROADCASTING TO COMBINE WITH GULFSTAR
Date: 30 April 1997
By Bloomberg News
Bloomberg News
Capstar Broadcasting Partners agrees to acquire sister radio-station company, Gulfstar Communications Inc; details undisclosed (S)
Full Article
ABBOTT TO BUY SANOFI BUSINESS FOR $200 MILLION
Date: 30 April 1997
By Bloomberg News
Bloomberg News
Abbott Laboratories agrees to buy Sanofi SA's injectable-drug and syringe business in US for $200 million; agreement expands Abbott's line of generic injectable drugs and drug-delivery systems (S)
Full Article