A Sad Death, a Bad Law
Date: 15 September 1997
Editorial opposes enactment of laws in US and Great Britain to crack down on celebrity photographers in wake of Princess Diana's death; says existing laws already give authorities tools they need to protect famous people in their homes and to preserve their safety in public places; says enactment of new laws would be tantamount to censorship (M)
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War on the Media in Argentina
Date: 16 September 1997
Editorial scores Argentine Government for attacks against Adolfo Scilingo, torturer from country's 'dirty war' of 1970's who has been speaking out against government abuses, and deplores Pres Carlos Menem for encouraging them (S)
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GRANCARE AND LIVING CENTERS RENEGOTIATE MERGER PLAN
Date: 16 September 1997
By Bloomberg News
Bloomberg News
Grancare Inc and Living Centers of America Inc change terms of planned merger; under revised agreement, Living Centers shareholders will receive $40.50 a share in cash for about 90.5 percent of their shares and will keep remainder of their stock in recapitalized company; merger will create second-biggest US nursing-home chain (S)
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STERLING ELECTRONICS STOCK RISES 13% ON MERGER TALKS
Date: 16 September 1997
By Bloomberg News
Bloomberg News
Shares of Sterling Electronics Corp rise as much as 13 percent after semiconductor distributor says it is in talks with unidentified company over possible 'strategic combination' (S)
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LORAL TO SELL BACK 22.5% INTEREST IN K & F INDUSTRIES
Date: 16 September 1997
By Bloomberg News
Bloomberg News
Loral Space and Communications Ltd will sell its 22.5 percent interest in K & F Industries back to company for $80 million; K & F also will buy Chase Capital Partners LP's 2.2 percent interest for $7.7 million; K & F's chairman and chief executive, Bernard Schwartz, will increase his K & F ownership to 50 percent from 23.5 percent as part of agreement; Lehman Brothers' Merchant Banking Group, which now owns 48.2 percent, will hold other half after transaction is completed (S)
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Ewing to Lead Players Union
Date: 16 September 1997
By Bloomberg News
Bloomberg News
New York Knicks center Patrick Ewing is elected president of National Basketball Players Association (S)
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A G.E. Apartment Venture
Date: 16 September 1997
By Bloomberg News
Bloomberg News
GE Capital Services agrees to invest $470 million in venture with JPI Realty to build and acquire apartments (S)
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Dresdner Official Under Investigation
Date: 16 September 1997
By Bloomberg News
Bloomberg News
Wolfgang Roeller, supervisory board chairman of Dresdner Bank AG, is under investigation for possible tax evasion amid three-year investigation into whether bank employees illegally advised customers how to avoid taxes (S)
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Sappi in Deal to Create European Paper Giant
Date: 16 September 1997
By Bloomberg News
Bloomberg News
Sappi Ltd agrees to pay almost $1.3 billion for nearly all of KNP Leykam of Austria, creating Europe's largest maker of fine-grade papers used in magazines and annual reports (S)
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Metro Business; Canon USA Settles Claims
Date: 16 September 1997
By Bloomberg News
Bloomberg News
Canon USA says it will pay Federal Government $6 million to settle claims that company overcharged General Services Administration while negotiating microfilm-equipment contract in 1988 (S)
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