NORWOOD TO BE SOLD IN MANAGEMENT BUYOUT
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Norwood Promotional Products Inc to be acquired by FPK LLC, company formed by Norwood's chairman and chief executive, Frank Krasovec, in $85 million management buyout (S)
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AMERICAN BANKERS INSURANCE TO TALK WITH CENDANT
Date: 18 March 1998
By Bloomberg News
Bloomberg News
American Bankers Insurance Group will start talks with Cendant Corp over Cendant's tender offer of $67 a share, or $3.1 billion; that tops $58-a-share that American International Group Inc agreed to pay (S)
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SUN MICROSYSTEMS TO PROVIDE DATA IN MICROSOFT INQUIRY
Date: 18 March 1998
By Bloomberg News
Bloomberg News
Sun Microsystems Inc, enmeshed in court battle over its Java software language with Microsoft Corp, has been asked to provide information to Justice Department in continuing antitrust investigation of Microsoft's business practices (S)
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THERMO ELECTRON TO PURCHASE 6 BRITISH BUSINESSES
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Thermo Electron Corp agrees to buy six units from Smiths Industries PLC for $73 million in cash to expand its food-inspection and emissions-monitoring equipment businesses (S)
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ST. PAUL BANCORP TO BUY RIVAL IN ILLINOIS
Date: 17 March 1998
By Bloomberg News
Bloomberg News
St Paul Bancorp agrees to buy rival Beverly Bancorporation for $170 million in stock (S)
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INTERNATIONAL GAME BUYS SLOT UNIT FOR $70 MILLION
Date: 18 March 1998
By Bloomberg News
Bloomberg News
International Game Technology buys slot machine business of Bass PLC for about $70 million (S)
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TWINLAB TO PAY $55 MILLION FOR JONES MEDICAL UNIT
Date: 18 March 1998
By Bloomberg News
Bloomberg News
Twinlab Corp will buy Bronson Nutritional division of Jones Medical Industries for $55 million in cash (S)
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Olivetti Shares Surge On Takeover Rumors
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Shares of Olivetti SpA surge amid talk that company may be taken over; graph (S)
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Texaco-Chevron Venture
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Texaco Inc and Chevron Corp will spend $185 million to develop natural-gas site nearly two-thirds of mile below surface of Gulf of Mexico; Texaco owns 60 percent and Chevron 40 percent of reserve; drilling to begin later this year (S)
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Credit Card Delinquency
Date: 18 March 1998
By Bloomberg News
Bloomberg News
American Bankers Assn says percentage of credit card holders behind on their payments fell at end of 1997 to three-year low; reports 3.04 percent of credit card accounts were delinquent in fourth quarter, down from 3.53 percent in third quarter (S)
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