TV Notes
Date: 16 July 1997
By Bill Carter
Bill Carter
New CBS-TV drama, Brooklyn South, may be first regular show on network television to carry 'mature audiences' rating; network president Leslie Moonves says he is not worried overall about effect of content ratings on programs; CNN president Tom Johnson says he is personally inclined to change company's policy allowing appearance of network journalists in movies, after criticism arising from their appearannce in movie, Contact; David Letterman whimsically places his face on billboard in Times Square as comic counterpoint to identical billboard erected nearby by NBC with face of Jay Leno; is celebrating his also-ran status in late-night ratings; photo (M)
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HNC SOFTWARE IN $190 MILLION DEAL TO BUY COMPREVIEW
Date: 16 July 1997
By Bloomberg News
Bloomberg News
Shares of HNC Software Inc rise 11 percent after company says it will acquire closely held Compreview Inc for about $190 million in stock; HNC stock closes at $42, up $4.125 a share (S)
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ISRAEL SELLS MERRILL LYNCH 12% OF PHONE COMPANY
Date: 15 July 1997
By Bloomberg News
Bloomberg News
Israel sells 90.6 million shares of Bezeq Ltd, representing 12.4 percent stake in telephone company, to Merrill Lynch & Co for $250 million (S)
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KATZ MEDIA TO BE ACQUIRED FOR $155 MILLION
Date: 15 July 1997
By Bloomberg News
Bloomberg News
Evergreen Media Corp and Chancellor Broadcasting Co, which plan to merge, say they have agreed to buy Katz Media Group Inc for about $155 million and assumption of $218 million in debt (S)
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HUMANA DIVESTING ITSELF OF CALIFORNIA H.M.O. UNIT
Date: 15 July 1997
By Bloomberg News
Bloomberg News
Humana Inc will sell its HMO California unit to Healthmax Inc as part of its drive to jettison subsidiaries that lack significant market share; terms of sale are not disclosed (S)
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LAZARD FRERES' STAKE IN NURSING HOME OWNER
Date: 16 July 1997
By Bloomberg News
Bloomberg News
Lazard Freres & Co agrees to buy 49.9 percent stake in ARV Assisted Living Inc for $135 million, becoming latest Wall Street investment bank to invest in a nursing home owner (S)
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T/SF COMMUNICATIONS CONSIDERS A $124 MILLION BUYOUT
Date: 16 July 1997
By Bloomberg News
Bloomberg News
T/SF Communications says undisclosed buyout firm has offered to buy company for more than $124 million; T/SF puts on hold plans to buy about two million of its shares for $37 apiece and become a private company (S)
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China's Trade Surplus Soars to $17.77 Billion
Date: 16 July 1997
By Bloomberg News
Bloomberg News
China's trade surplus rose twentyfold in first half of year, to $17.77 billion; exports in first six months of the year rose about 26 percent, to $80.87 billion (S)
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Hyundai May Take Over Hanbo Steel Operations
Date: 15 July 1997
By Bloomberg News
Bloomberg News
Hyundai Group, South Korea's largest conglomerate, is ready to take over steel business of failed Hanbo Group if Government gives approval for new $8 billion steel mill (S)
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Thorn Says Profits Will Falter This Year
Date: 15 July 1997
By Bloomberg News
Bloomberg News
Torn PLC says that strength of pound will cut its profits by 11 million pounds ($18.6 million) this year (S)
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