A. H. BELO WILL SELL PROPERTIES TO LIFT ITS STOCK PRICE
Date: 28 June 2000
By Bloomberg News
Bloomberg News
A H Belo Corp will sell its stake in Dallas Mavericks basketball team, and three smaller newspapers and repurchase some of its stock to push up company's stock price; reaches oral agreement to sell its minority interest in Mavericks and its related stake in arena to team's majority owner, Mark Cuban, for about $34.5 million; also says it will sell The Messenger-Inquirer in Owensboro, Ky, The Gleaner in Henderson, Ky, and The Eagle in Bryan/College Station, Tex (S)
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PINNACLE AGREES TO ACQUIRE THE BLACKFORD BROKERAGE
Date: 28 June 2000
By Bloomberg News
Bloomberg News
Pinnacle Global Group agrees to buy Blackford Securities Corp for undisclosed amount of cash and stock (S)
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LYCOS AGREES TO BUY METROSPLASH.COM FOR $44 MILLION
Date: 27 June 2000
By Bloomberg News
Bloomberg News
Lycos Inc, Internet-search service being bought by Terra Networks SA, agrees to buy Metrosplash.,com for $44 million in cash to add Matchmaker.com's online personal ads to its network of Web sites; in buying Metrosplash.com, Lycos adds a Web site ranked number 1 among online dating sites in terms of how much time users spend at the site (S)
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SHELDAHL IN NEGOTIATIONS TO BUY INTERNATIONAL FLEX
Date: 27 June 2000
By Bloomberg News
Bloomberg News
Sheldahl Inc, maker of flexible circuits for markets including automotive electronics, is in talks to buy International Flex Technologies Inc (S)
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VALSPAR AGREES TO BUY LILLY INDUSTRIES, A RIVAL
Date: 27 June 2000
By Bloomberg News
Bloomberg News
Valspar Corp, manufacturer of paints and coatings, agrees to buy rival Lilly Industries for $762 million to expand its product line and cut costs; Valspar says some of Lilly's 39 plants might be closed (S)
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PULITZER MAKES DEAL TO TAKE OVER 38 SUBURBAN WEEKLIES
Date: 27 June 2000
By Bloomberg News
Bloomberg News
Pulitzer Inc acquires Suburban Journals of Greater St Louis, group of 38 weekly newspapers, from Journal Register Co for $165 million (S)
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AT&T UNIT TAKES PART IN JOINT CABLE TELEVISION VENTURE
Date: 27 June 2000
By Bloomberg News
Bloomberg News
Liberty Media Group, AT&T Corp's cable television programming unit, and UnitedGlobalCom agree to combine most of their international cable businesses in transaction worth $4.02 billion; combined companies will have about 14.5 million subscribers (S)
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CROWN CORK AND SEAL SAYS IT WILL LAY OFF 1,150
Date: 28 June 2000
By Bloomberg News
Bloomberg News
Crown Cork and Seal Co, leading maker of metal food cans, will lay off 1,150 employees and warns of lower second-quarter profit (S)
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CAR AUCTION NETWORK PLANS TO BUY 9 AUCTION SITES
Date: 28 June 2000
By Bloomberg News
Bloomberg News
Minnesota Power Inc, owner of North America's number 2 wholesale auto auction network, will buy nine auto auction sites for more than $160 million to expand its business in the West and the South; nine auctions are from Cox Enterprises Inc's Manheim Auctions unit (S)
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FRENCH CONSUMER SPENDING JUMPS
Date: 28 June 2000
By Bloomberg News
Bloomberg News
French consumer spending on manufactured goods rose 2.6 percent in May from April, double analysts' expectations, after falling in previous two months; government reports annual 6 percent increase in construction of new homes for three months ended in May; graph (S)
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