NEWS CORPORATION TO SELL DIMAC MARKETING
Date: 20 May 1998
By Bloomberg News
Bloomberg News
News Corp will sell its Dimac Marketing Corp unit to McCown De Leeuw & Co for undisclosed price; McCown, private investment firm, says it will buy Americomm Holdings Inc from one of its own funds, with both purchases having total value of more than $450 million (S)
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WARNACO TO MAKE CALVIN KLEIN CHILDREN'S CLOTHING
Date: 19 May 1998
By Bloomberg News
Bloomberg News
Apparel maker Warnaco Group Inc acquires license to make Calvin Klein children's jeans and related clothing for $41 million from Commerce Clothing (S)
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NETSCAPE AGREES TO LICENSE ITS SOFTWARE TO CITIBANK
Date: 20 May 1998
By Bloomberg News
Bloomberg News
Netscape Communications Corp to license its electronic commerce software to Citibank, which will expand its on-line sales and customer banking services by using Netscape software; financial terms undisclosed (S)
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LUCENT SELLS MAPPING UNIT TO BANYAN SYSTEMS
Date: 19 May 1998
By Bloomberg News
Bloomberg News
Lucent Technologies Inc sells its Maps On Us Internet map unit to Banyan Systems Inc; terms undisclosed (S)
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FIRST CHARTER TO BUY HFNC FINANCIAL FOR $241 MILLION
Date: 19 May 1998
By Bloomberg News
Bloomberg News
First Charter Corp agrees to acquire HFNC Financial Corp for $241 million in stock (S)
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QUANTUM AGREES TO PAY $300 MILLION FOR ATL PRODUCTS
Date: 20 May 1998
By Bloomberg News
Bloomberg News
Quantum Corp to buy computer tape-library maker ATL Products for about $300 million in stock and says it will buy back as many as 14 million of its shares; buyback is valued at $311.5 million (S)
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LG ELECTRONICS MAY SELL MOST OF ZENITH'S ASSETS
Date: 19 May 1998
By Bloomberg News
Bloomberg News
Zenith Electronics Corp's majority shareholder, South Korea's LG Electronics Inc, may sell most of assets of struggling US television maker in reorganization that could wipe out value of Zenith shares (S)
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AMERICAN AIRLINES AND BRITISH AIRWAYS SEEK IBERIA STAKE
Date: 19 May 1998
By Bloomberg News
Bloomberg News
American Airlines and British Airways PLC to buy 10 percent stake in Spain's flagship carrier Iberia Lineas Aereas de Espana SA, controlled by Sepi, a Spanish holding company, before end of June (S)
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Big Board Seat Price Dips
Date: 20 May 1998
By Bloomberg News
Bloomberg News
Seat on New York Stock Exchange sells for $1.4 million, down from recent sale of $1.6 million on April 3 (S)
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Business Barometer Dips a Bit in Germany
Date: 20 May 1998
By Bloomberg News
Bloomberg News
Ifo research institute reports business confidence in western Germany was little changed in April, close to three-and-a-half-year high; index of business confidence fell to 98.7 in April, from revised 98.9 in March (S)
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