MCGRAW-HILL TO CUT 340 JOBS IN HIGHER EDUCATION UNIT
Date: 14 December 1996
McGraw-Hill Companies will cut 340 jobs at its higher education publishing unit in wake of purchase of a Times Mirror Company unit in October (S)
13. december 1996 var en fredag under stjernetegnet for ♐. Det var 347 dag på året. Præsident for USA var William J. (Bill) Clinton.
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Date: 14 December 1996
McGraw-Hill Companies will cut 340 jobs at its higher education publishing unit in wake of purchase of a Times Mirror Company unit in October (S)
Date: 13 December 1996
Litton Industries says it will buy Racal Electronics PLC's marine electronics businesses for $49 million in cash (S)
Date: 13 December 1996
Robert Swanson, a pioneer in biotechnology industry, will retire as chairman of Genentech Inc, which he co-founded 20 years ago, to devote more time to financing young companies (S)
Date: 13 December 1996
Witco Corp says it will cut 1,800 jobs in three years in effort to reduce operating costs by more than $200 million by end of 1999 (S)
Date: 14 December 1996
Cisco Systems Inc acquries 9 percent stake in Interlink Computer Sciences (S)
Date: 14 December 1996
Nippon Sanso Corp will close its Thermos Co unit in US and a subsidiary in Netherlands to consolidate its household products division; will dismiss 400 workers at Thermos plant in Freeport, Ill (S)
Date: 13 December 1996
County Seat Inc says it received proposal from Wet Seal Inc to buy 508 of its casual clothing stores but that offer is 'grossly inadequate' (S)
Date: 13 December 1996
Multicare Companies says it acquired A-D-S Group, privately held provider of long-term care, for about $60.1 milllion in cash, $10.5 million in newly issued stock and assumption of about $24.6 million of debt (S)
Date: 14 December 1996
Tenneco Automotive acquires about 94 percent of Fric-Rot SAIC, an Argentine manufacturer of shocks and other auto parks, for $52 million (S)
Date: 14 December 1996
Bell Atlantic Corp and Nynex Corp suspend business agreement with CAI Wireless Systems that was aimed at helping them enter the video business (S)