BARNETT AND REPUBLIC BANKING END TAKEOVER TALKS
Date: 24 May 1997
Barnett Banks and Republic Banking Corp end discussions without completing definitive acquisition agreement (S)
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Date: 24 May 1997
Barnett Banks and Republic Banking Corp end discussions without completing definitive acquisition agreement (S)
Date: 24 May 1997
Chattem Inc agrees to buy assets of Sunsource International Inc for shares and cash, moving maker of health care products into expanding market for dietary supplements (S)
Date: 24 May 1997
Ralston Purina Co says that William Stiritz will step down as chief executive and names Patrick McGinnis and Patrick Mulcahy as co-chief executives to replace him (S)
Date: 24 May 1997
Intel Corp and Samsung Corp say they will collaborate on future products, joining Intel's computer technology with Samsung's expertise in consumer electronics (S)
Date: 24 May 1997
Share of Health Management Systems fall 20 percent, day after company says it expects second-quarter results to be lower than Wall Street estimates (S)
Date: 24 May 1997
First Data Corp agrees to sell two of its health units--First Health Strategies and First Health Services--to Healthcare Compare Corp in deal valued at about $200 million in cash (S)
Date: 24 May 1997
May Department Stores Co will add nearly 100 new stores and plans to remodel or expand another 100 stores as part of $3.4 billion investment plan in next five years (S)
Date: 24 May 1997
General Parcel Services Inc says it agreed to buy four Southeastern trucking companies for about $30 million to $35 million in cash and stock in effort to make regional shipping and delivery company profitable; also says it will change its name to Transit Group Inc as of June 30 as part of its plan to concentrate on its trucking business (S
Date: 24 May 1997
Shares of Ciena Corp hit 52-week high after company, telecommunications equipment concern, reports second-quarter earnings that exceed expectations; reports pro-forma earnings of $27.6 million, or 26 cents a share, on revenue of $86.7 million, compared with loss of $2.7 million, or 3 cents a share, on no revenue in year-earlier quarter (S)
Date: 24 May 1997
Palmer Wireless Inc, Southeastern cellular telephone provider, says it agreed to be acquired by Price Communications Corp for $17.50 a share in cash (S)