VOX TELEVISION STAKE
Date: 29 December 1999
By Bloomberg News
Bloomberg News
Canal Plus SA of France is discussing sale of its 24.9 percent stake in German television channel Vox to CLT-Ufa; CLT-Ufa, which is owned by Bertelsmann AG of Germany and Audiofina SA of Belgium, agreed last week to buy News Corp's 49.9 percent share of Vox for 650 million marks ($338 million), giving it just under 75 percent of station (S)
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VDI MULTIMEDIA TO BE BOUGHT BY BAIN CAPITAL
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Bain Capital Inc acquires VDI MultiMedia for about $200 million, including assumed debt (S)
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OPERATOR OF DIALYSIS CLINICS EXPANDS WITH ACQUISITION
Date: 29 December 1999
By Bloomberg News
Bloomberg News
National Nephrology Associates Inc acquires Renex Corp for $75 million (S)
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KCS PLANS TO FILE FOR BANKRUPTCY PROTECTION
Date: 29 December 1999
By Bloomberg News
Bloomberg News
KCS Energy Inc reaches agreement with noteholders to restructure its debt and will file for Chapter 11 bankruptcy protection by Jan 18; under agreement, KCS must secure new credit line for as much as $190 million by Jan 15 to replace its two current bank lines (S)
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NATIONAL COMMERCE TO BUY PIEDMONT FOR $34.5 MILLION
Date: 29 December 1999
By Bloomberg News
Bloomberg News
National Commerce Bancorp acquires Piedmont Bancorp Inc for $34.5 million in stock (S)
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JOSTENS, MAKER OF CLASS RINGS, AGREES TO BUYOUT
Date: 29 December 1999
By Bloomberg News
Bloomberg News
Jostens Inc accepts $850 million buyout from company controlled by Investcorp; takeover group includes Jostens management (S)
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HERSHEY REDUCES ITS EARNINGS ESTIMATE FOR THIS YEAR
Date: 29 December 1999
By Bloomberg News
Bloomberg News
Hershey Foods Corp warns that its profit for 1999 will miss forecasts as problems stemming from new computer system hurt business (S)
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ALL COMMUNICATIONS WILL BUY RIVAL FOR $25.1 MILLION
Date: 29 December 1999
By Bloomberg News
Bloomberg News
All Communications Corp acquires View Tech Inc for about $25.1 million; new company wil be called Wire One Technologies (S)
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SIRIUS RADIO TO SELL A 10% STAKE TO INVESTMENT BANK
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Sirius Satellite Radio Inc will sell 10 percent stake to Blackstone Group Inc for $200 million (S)
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EQUISTAR TO CUT BACK OPERATIONS AND TAKE TAX CHARGE
Date: 28 December 1999
By Bloomberg News
Bloomberg News
Equistar Chemicals LP, North America's largest producer of polyethylene, will take pretax charge of $95 million in fourth quarter to close some production lines (S)
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