PBS Works on Morning Foreign News
Date: 24 December 1997
By Lawrie Mifflin
Lawrie Mifflin
PBS morning news program, World Watch, is planned for spring, produced in London by Independent Television News, and anchored by Arthur Kent; photo; program was envisioned by Steve Antoniotti, of Detroit's public television station, to address dearth of international news coverage on television; show will have four 15-minute segments which stations can use as they wish; underwriters are being sought (S)
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TV Notes; Evening News Gains Viewers
Date: 24 December 1997
By Lawrie Mifflin
Lawrie Mifflin
Evening news programs on three major television networks have retained share of viewers from last year, even posting slight gain; differences in programming noted (S)
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DYNATECH STOCK SURGES ON NEWS OF MANAGEMENT BUYOUT
Date: 23 December 1997
By Bloomberg News
Bloomberg News
Dynatech Corp shares soar nearly 28 percent on news that group of executives and key employees and Clayton, Dubilier & Rice Inc plan to acquire company for $49 a share (S)
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OCEAN ENERGY AND UNITED MERIDIAN TO MERGE
Date: 24 December 1997
By Bloomberg News
Bloomberg News
Ocean Energy Inc and United Meridian Corp agree to merge, creating ninth-largest American company exclusively exploring for oil and gas and giving them resources to pursue deep-water projects in Gulf of Mexico and off coast of West Africa; merged company will be called Ocean Energy Inc and will be based in Houston (S)
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APPLE SOUTH TO SELL 264 RESTAURANTS
Date: 24 December 1997
By Bloomberg News
Bloomberg News
Apple South Inc says that it will sell its 264 Applebee's restaurants and concentrate on expanding its other restaurant chains; restaurant operator based in Madison, Ga, says it has agreements to sell 92 restaurants for $208.4 million and plans to sell the rest during next 12 to 18 months (S)
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GE CAPITAL TO BUY LENDER FROM SWISS BANK
Date: 24 December 1997
By Bloomberg News
Bloomberg News
GE Capital Services agrees to buy Bank Prokredit, consumer credit and auto lender, from Swiss Bank Corp for undisclosed amount (S)
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RELIANT BUILDING PRODUCTS ADDING VINYL-WINDOW MAKER
Date: 23 December 1997
By Bloomberg News
Bloomberg News
Reliant Building Products Inc to buy Care-Free Window Group for $123 million from Linsalata Capital Partners (S)
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GALEY & LORD TO BUY FABRIC BUSINESSES FOR $480 MILLION
Date: 23 December 1997
By Bloomberg News
Bloomberg News
Galey & Lord Inc to buy from Polymer Group Inc for about $480 million denim and fabric businesses Polymer does not want from its acquisition of Dominion Textile Inc (S)
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TI GROUP AND EG&G PLAN TO SWAP EQUIPMENT BUSINESSES
Date: 23 December 1997
By Bloomberg News
Bloomberg News
TI Group PLC and EG&G Inc agree to deal in which TI will pay $100 million for EG&G's Sealol Industrial Seal unit and EG&G will pay $45 million for TI's Belfab chip equipment business (S)
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Another Brokerage Firm In Bankruptcy in Japan
Date: 24 December 1997
By Bloomberg News
Bloomberg News
Maruso Securities Co, midsize Japanese brokerage firm, files for voluntary bankruptcy after it is unable to obtain new loans amid worsening scarcity of credit; chmn Masahisa Hayashi comments; photo (S)
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