Healtheon And WebMD Plan to Buy News Service
Date: 01 July 1999
By Saul Hansell
Saul Hansell
Healtheon Corp and WebMD Inc, companies that are combining in attempt to dominate use of Internet by health care industry, are buying Greenberg News Networks, privately held medical news service, for $250 million in stock; companies plan to use extensive medical information created by Greenberg's Medcast service to enhance WebMD site, which has sections aimed at medical consumers and doctors; they will also create medical news service that will distribute articles to other news organizations, to increase WebMD's exposure (M)
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Two for the 'Moneyline'
Date: 30 June 1999
By Lawrie Mifflin
Lawrie Mifflin
CNN names Stuart Varney and Willow Bay new co-anchors for Moneyline News Hour, early-evening business news program that Lou Dobbs, who recently resigned, created and anchored for 19 years (S)
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Commercial Property; Courtyard Is Rising With New Look
Date: 30 June 1999
By David W. Dunlap
David Dunlap
Renovated plaza of General Motors Building on Fifth Avenue will be background for CBS morning news program with Bryant Gumbel that will begin in Nov; Donald J Trump and Conseco Inc bought building for $800 million last year; photo (M)
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CHARTER TO ACQUIRE BRESNAN FOR $3.1 BILLION
Date: 01 July 1999
By Bloomberg News
Bloomberg News
Charter Communications Inc, cable TV company owned by billionaire Paul Allen, will buy Bresnan Communications Co, partly owned by AT&T Corp, for about $3.1 billion in cash and stock (S)
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AUTONATION CHIEF EXECUTIVE AGREES TO STEP DOWN
Date: 01 July 1999
By Bloomberg News
Bloomberg News
Autonation Inc says Steven Berrard, who helped H Wayne Huizenga build company into world's largest auto retailer, will step down as chief executive, but will retain seat on board and continue as co-chief executive with Huizenga until new chief executive is named (S)
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CORNING SHARES LEAP AFTER PACT WITH INTEROUTE
Date: 01 July 1999
By Bloomberg News
Bloomberg News
Shares of Corning Inc jump after company, one of largest makers of optical fibers for telecommunications, says it will sell at least four million miles of optical fiber to London-based Interoute Telecommunications PLC for Europe's largest broadband network (S)
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PINNACLE AGREES TO BUY 1,850 TOWERS FROM MOTOROLA
Date: 30 June 1999
By Bloomberg News
Bloomberg News
Pinnacle Holdings Inc, which rents space on communications towers to companies in southeastern US, agrees to buy 1,850 towers from Motorola Inc for $255 million in cash, adding sites across North America (S)
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COMMNET CELLULAR TO SELL IOWA STAKES FOR $83.3 MILLION
Date: 30 June 1999
By Bloomberg News
Bloomberg News
Commnet Cellular Inc, cellular telephone company, agrees to sell stakes in several Iowa service areas to Midwest Wireless Communications for about $83.3 million in cash; Midwest will also assume $3.4 million Commnet debt; Commnet says its 27 partners are also selling their stakes in territories to Midwest, which provides wireless phone service in Minnesota, in transaction valued at $141 million; other partners will receive stakes in Midwest (S)
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HUDSON UNITED BANCORP TO PAY $425 MILLION FOR 2 BANKS
Date: 30 June 1999
By Bloomberg News
Bloomberg News
Hudson United Bancorp, second-biggest bank in New Jersey, agrees to buy Philadelphia-based Jeffbanks Inc and Southern Jersey Bancorp for total of $425 million in stock; Hudson United will pay about $371 million for Jeffbanks and $54 million for Southern Jersey Bancorp (S)
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CHIPSET UNIT SOLD
Date: 01 July 1999
By Bloomberg News
Bloomberg News
Via Technologies Inc of Taipei to acquire about half of National Semiconductor Corp's Cyrix microprocessor design unit for undisclosed price (S)
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