ARIS INDUSTRIES SELLS DIVISION TO PAGE HOLDING
Date: 05 October 1996
Aris Industries Inc says it sold its Perry Manufacturing unit to Page Holding Co for $40 million in cash, $12 million in debt forgiveness and $4 million of assumed Perry debt (S)
Genafspiller fredag den 4. oktober 1996
4. oktober 1996 var en fredag under stjernetegnet for ♎. Det var 277 dag på året. Præsident for USA var William J. (Bill) Clinton.
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4th of October 1996 News
Nyheder, som de udkom på forsiden af New York Times på 4. oktober 1996
Giuliani Pressures Time Warner to Transmit a Fox Channel
Date: 04 October 1996
By MARK LANDLER
Mark LANDLER
Giuliani administration thrusts itself into middle of rancorous dispute between Time Warner and Rupert Murdoch by asking for permission to carry Fox Broadcasting's new 24-hour news channel on public-access cable channel city controls; Time Warner immediately rejects request; but city officials say they are not ready to give up, raising prospect of showdown between City Hall and New York's dominant cable television provider, whose franchise agreement with city is up for renewal in 1998 (M)
Use of Daily Election Polls Generates Debate in Press
Date: 04 October 1996
By JAMES BENNET
James BENNET
Debate over use and accuracy of political polls continues, as CNN and USA Today try to explain why Pres Clinton led Bob Dole by only nine points on Sept 28, and by 25 points on Oct 1; polls do provide useful guide to public opinion, but some journalists argue that colleagues are using them not to chart trends but for specific standings, like baseball box scores (S)
WELLPOINT MAY BUY JOHN HANCOCK'S HEALTH UNIT
Date: 04 October 1996
Wellpoint Health Networks Inc may be buying John Hancock Mutual Life Insurance Co's health insurance business as part of expansion that could include more acquisitions; price not disclosed (S)
CHARTWELL RE IN TALKS TO ADD ARCHER GROUP
Date: 05 October 1996
Chartwell Re Corp says it is in discussions to take over Archer Group Holdings; terms not disclosed (S)
PETCO ANIMAL SUPPLIES TO ACQUIRE PET FOOD WAREHOUSE
Date: 05 October 1996
Petco Animal Supplies Inc says it will acquire rival, Pet Food Warehouse Inc, in stock deal valued at $52 million (S)ï
MOLSON TO SELL CHEMICALS UNIT FOR $188 MILLION
Date: 04 October 1996
Molson Companies says it plans to sell its Novamax Technologies chemicals unit to Henkel KGaA for $187.6 million (S)
KIRCH GROUP TO BUY 7.5% OF NEW REGENCY PRODUCTIONS
Date: 04 October 1996
Kirch Group of Germany, controlled by media entrepreneur Leo Kirch, says it will buy 7.5 percent of New Regency Productions for about $64 million; Kirch will join Kerry Packer and Korean conglomerate Samsung Electronics as New Regency's largest investors (S)
TRI VALLEY GROWERS AND DEL MONTE IN PACT
Date: 05 October 1996
Tri Valley Growers and Del Monte Group Ltd announce they have taken steps to form partnership that would link Del Monte's fruit and vegetable sources abroad with Tri Valley Growers fruit and vegetable operations in California (S)
SFX BROADCASTING RAISES OFFER FOR MULTI-MARKET RADIO
Date: 04 October 1996
SFX Broadcasting Inc raises its stock-swap offer again for Multi-Market Radio Inc, to $12.50 a share from $12; offer is valued at about $146 million, including debt (S)