News-Ad Issues Arise in New Media
Date: 08 December 1997
By Saul Hansell
Saul Hansell
Some of biggest news organizations, scrambling to make huge investments in Internet pay off, have begun linking advertisements to news on their World Wide Web sites more closely than in mainstream print or broadcast media; examples cited (M)
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Overseas News Merger Seen By Dow Jones and CNBC
Date: 08 December 1997
By Geraldine Fabrikant
Geraldine Fabrikant
Dow Jones & Company and NBC, after months of negotiations, are close to deal that would merge overseas operations of CNBC, cable business and entertainment channel, with Dow Jones's Asia Business News and its European Business News (S)
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In a Battle of Newspapers, a Conservative Spends Liberally
Date: 08 December 1997
By Iver Peterson
Iver Peterson
Richard Mellon Scaife, wealthy philanthropist and benefactor of conservative Republican causes, has spent tens of millions of dollars to turn Tribune Review of Greensburg, Pa, small suburban daily he has owned since 1970, into full fledged metropolitan newspaper; his aim is to create conservative challenger to dominant and more middle-of-the road Pittsburgh Post-Gazette; photo (M)
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Congo's Opposition Pays Price of Defying Kabila
Date: 08 December 1997
By Howard W. French
Howard French
Six months after Laurent Kabila toppled Government of Pres Mobutu Sese Seko in former Zaire and banned political activity by any party but his own, there is little sign that Government intends to loosen hold on country's politics; under Kabila's Government, members of opposition party have been jailed, others have have been forbidden to travel abroad and have had houses and offices ransacked; critical Congolese journalists have been repeatedly arrested (M)
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AFFILIATED COMPUTER UNIT TO PAY $52 MILLION FOR A FIRM
Date: 09 December 1997
By Bloomberg News
Bloomberg News
Technical Directions, unit of Affiliated Computer Services, plans to buy professional services firm for $52 million in stock and assumption of $10 million in debt to expand its information technology staffing business; name of firm undisclosed (S)
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AMERICAN GENERAL TO BUY ANNUITY UNIT FOR $58 MILLION
Date: 09 December 1997
By Bloomberg News
Bloomberg News
American General Corp will pay $58 million for retirement savings plan business of Provident Companies (S)
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CENTRAL GARDEN IN PET SUPPLY DEAL FOR $135 MILLION
Date: 09 December 1997
By Bloomberg News
Bloomberg News
Central Garden and Pet Co will acquire three closely held pet-supply companies for total of about $135 million in cash; Central Garden will pay $70 million for TFH Publications Inc; it will acquire related unidentified company for $12 million; Central Garden will pay as much as $53 million for Kaytee Products (S)
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ALLIED SIGNAL TO BUY 2 AEROSPACE UNITS FOR $345 MILLION
Date: 09 December 1997
By Bloomberg News
Bloomberg News
Allied Signal Inc will buy two units from Banner Aerospace Inc for about $345 million in common stock (S)
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Cut in Interest Rates Is Expected in China
Date: 09 December 1997
By Bloomberg News
Bloomberg News
China is likely to cut interest rates within weeks to bolster economy headed for its slowest year since 1990 (S)
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Metro Business; Con Ed in Lighting Venture
Date: 09 December 1997
By Bloomberg News
Bloomberg News
Consolidated Edison Co of New York forms joint venture with Remote Source Lighting International to sell fiber-optic lighting and signs (S)
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