Visits to News Sites Decline, For Understandable Reasons
Date: 26 November 1998
By Matt Richtel
Matt Richtel
Media Metrix says decline in popularity of on-line sites of major news organizations in October seems large because it follows sharp rise in September, which had been fueled by publication of Starr report (S)
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GLOBAL MOTORSPORT REJECTS GOLDEN CYCLE OFFER
Date: 25 November 1998
By Bloomberg News
Bloomberg News
Global Motorsport Group rejects offer by Golden Cycle LLC to buy substantially all of company's outstanding shares for $20 each, or about $103 million (S)
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XTRA CALLS OFF SALE TO INTERPOOL AND APOLLO
Date: 26 November 1998
By Bloomberg News
Bloomberg News
Xtra Corp says its sale to Interpool Inc and Apollo Management LP has been terminated and it is renegotiating transaction (S)
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LUCENT TO BUY 80% OF WAVE ACCESS FOR $50 MILLION
Date: 26 November 1998
By Bloomberg News
Bloomberg News
Lucent Technologies Inc agrees to buy remaining 80 percent of Wave Access Ltd for $50 million in cash (S)1
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DOW JONES TO DISMISS 118 WORKERS TO REDUCE COSTS
Date: 25 November 1998
By Bloomberg News
Bloomberg News
Dow Jones & Co says it will cut costs by dismissing 118 employees, closing offices and using outside company to handle subscription telemarketing for The Wall Street Journal and Barron's (S)
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ROUSE AND J. P. MORGAN IN $930 MILLION VENTURE
Date: 25 November 1998
By Bloomberg News
Bloomberg News
Rouse Co takes on J P Morgan Investment Management as partner to help finance purchase of four malls for about $930 million; will 65 percent stake in joint venture as it invests $270 million in cash and assumes about $334 million of debt (S)
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FORD CREDIT PLANS TO BUY THE PRIVATELY HELD AMI LEASING
Date: 26 November 1998
By Bloomberg News
Bloomberg News
Ford Credit Co, financing arm of Ford Motor Co, agrees to buy AMI Leasing Group; terms undisclosed (S)
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MERCK PLANS 2-FOR-1 STOCK SPLIT, ITS FIRST SINCE '92
Date: 25 November 1998
By Bloomberg News
Bloomberg News
Merck & Co announces 2-for-1 stock split, effective February 1999; split is first since 1992 (S)
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Buyback Plan Resumed
Date: 26 November 1998
By Bloomberg News
Bloomberg News
UST Inc will purchase as many as 20 million of its shares, resuming buyback program suspended in June 1997; repurchase plan is worth about $620 million (S)
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Investor Cancels Pact For Bouygues Stake
Date: 26 November 1998
By Bloomberg News
Bloomberg News
French executive Vincent Bollore cancels year-old pact to buy shares in Bouygues SA; Bollore's exit is seen as removing obstacle for other investors interested in buying into company (S)
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