Weekly Aimed at Blacks Is Moving to Newark
Date: 14 November 1997
New national newspaper aimed at middle-class black readers will move its headquarters to Newark from Baltimore by January; Donald L Miller, publisher of Our World News, cites Newark's friendliness to business, contending that Newark is 'in midst of an exciting renaissance'; photo (S)
Full Article
Court Rules Against CNN
Date: 14 November 1997
US Appeals Court for Ninth Circuit rules that Government and CNN news crew violated rights of Montana rancher Paul W Berger when CNN recorded search for evidence that Berger had been poisoning eagles; case could restrict efforts by news organizations to accompany law enforcement officials on searches of private property; court says 1993 raid had been used to advance what it calls commercial and entertainment interests, not just law enforcement; ruling means Federal court in Montana will determine what damages, if any, Berger is entitled to; Berger and his wife, Erma, had sought $10 million (S)
Full Article
TEKNOR INDUSTRIAL AGREES TO BUY SACO SMARTVISION
Date: 14 November 1997
By Bloomberg News
Bloomberg News
Teknor Industrial Computers Inc agrees to buy SACO Smartvision Inc for $55 million (S)
Full Article
GIBSON GREETINGS IS SET TO BEGIN ACQUISITION DRIVE
Date: 15 November 1997
By Bloomberg News
Bloomberg News
Gibson Greetings will use $106 million to begin making acquisitions in the first quarter of small greeting-card makers and other businesses as part of plan to broaden its product line (S)
Full Article
PIONEER NATURAL TO SELL GAS AND OIL PROPERTIES
Date: 15 November 1997
By Bloomberg News
Bloomberg News
Pioneer Natural Gas Co to sell natural gas and oil properties in Oklahoma, West Texas and New Mexico for total of $105 million to unit of Titan Exploration Inc and to Sheridan Energy Inc; to use funds for debt reduction (S)
Full Article
XPEDITE ACCEPTS SWEETENED OFFER FROM PREMIERE
Date: 15 November 1997
By Bloomberg News
Bloomberg News
Xpedite Systems Inc accepts sweetened offer of $34 share in stock from Premiere Technologies Inc in deal valued at $305 million; Premiere will also assume debt of $117 million (S)
Full Article
DEL MONTE BUYING SOME OF CONTADINA LINE OF PRODUCTS
Date: 15 November 1997
By Bloomberg News
Bloomberg News
Del Monte Foods Co to buy Contadina brand of canned tomato products and some related operations from Nestle SA; terms are not disclosed (S)
Full Article
GREEN TREE SHARES SLIDE ON PRETAX CHARGE REPORT
Date: 15 November 1997
By Bloomberg News
Bloomberg News
Shares of Green Tree Financial Corp decline 18 percent after company says it will take pretax charge of as much as $150 million to write down value of asset-backed securities on its books (S)
Full Article
COOPER AGREES TO BUY BRITISH COMPANY FOR $280 MILLION
Date: 14 November 1997
By Bloomberg News
Bloomberg News
Cooper Industries agrees to buy Menvier-Swain Group PLC, a British lighting and security company, for $280 million in cash (S)
Full Article
GLATFELTER SET TO BROADEN ITS PAPER PRODUCTS BASE
Date: 15 November 1997
By Bloomberg News
Bloomberg News
P H Glatfelter Co to buy paper unit from Scholler & Hosch for $198 million, including about $40 million in debt; unit is owned by Deutsche Beteiligungs AG and Scholler & Hosch's management (S)
Full Article