Pakistan Frees Journalist It Held for Sedition
Date: 03 June 1999
By Celia W. Dugger
Celia Dugger
Pakistani Government drops sedition charges against Najam Sethi, journalist who has been highly critical of Prime Min Nawaz Sharif, and it releases him after almost month of detention (M)
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2 Reporters Are Ordered to Jail Over Suspect in Olympic Blast
Date: 04 June 1999
By Alex Kuczynski
Alex Kuczynski
Federal Judge John R Mather orders Atlanta Journal-Constitution reporters Kathy Scruggs and Ron Martz jailed for refusing to reveal who told them that Richard A Jewell was leading suspect in 1996 bombing at Atlanta Summer Olympics; newspaper appeals, postponing imprisonment; ruling comes in libel suit by Jewell, who was never charged with crime; lawyer for Cox Communications, which owns paper, holds paper accurately reported why Jewell was focus of probe (M)
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MCLEODUSA IN ACQUISITIONS TO EXPAND SERVICE IN WEST
Date: 03 June 1999
By Bloomberg News
Bloomberg News
McLeodUSA Inc to buy Access Communications Inc and SJ Investments Inc for stock worth about $101 million and $50 million in cash; will also assume about $97 million in Access debt (S)
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YAHOO IN ACQUISITION TO EXPAND USE OF ITS DIRECTORIES
Date: 03 June 1999
By Bloomberg News
Bloomberg News
Yahoo Inc acquires Online Anywhere, which formats Internet pages for hand-held devices, for $80 million in stock (S)
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ADVANCED IN $117 MILLION DEAL FOR 2 INTERNET COMPANIES
Date: 04 June 1999
By Bloomberg News
Bloomberg News
Advanced Communications Group Inc is buying Internet companies YPTel Corp and Big Stuff Inc for about $117 million in stock; will change its name to Worldpages.com (S)
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ARCHIBALD CANDY IS BUYING STORE CHAIN FROM NESTLE
Date: 04 June 1999
By Bloomberg News
Bloomberg News
Archibald Candy Corp acquires Laura Secord chocolate-store chain from Nestle SA for about $42 million (S)
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FUTURELINK AGREES TO BUY EXECUTIVE LAN FOR $51 MILLION
Date: 04 June 1999
By Bloomberg News
Bloomberg News
Futurelink Distribution Corp acquires Executive LAN Management Inc for about $51 million in cash and stock plus future payments (S)
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NEC SAYS MORE JOB CUTS ARE POSSIBLE AT PACKARD BELL
Date: 04 June 1999
By Bloomberg News
Bloomberg News
NEC Corp says its unprofitable US subsidiary Packard Bell NEC Inc lost more money than expected in April and May, and that some job cuts could be made at unit (S)
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PPG BUYS SEALANT UNIT OF AKZO NOBEL FOR $513 MILLION
Date: 03 June 1999
By Bloomberg News
Bloomberg News
PPG Industries to buy PRC-DeSoto International Inc, aircraft-paint and sealants unit of Akzo Nobel NV, for $512.5 million in cash (S)
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Compgeeks in an Offering
Date: 03 June 1999
By Bloomberg News
Bloomberg News
Compgeeks Inc, company that sells computers and related products on line, will seek to raise as much as $61 million through initial public offering (S)
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