Excerpts From Clinton Counsel's Brief
Date: 29 May 1998
Excerpts from brief by White House counsel Charles Ruff, unsealed by Judge Norma Holloway Johnson, describing effect that Kenneth Starr's investigation has had on Pres Clinton and White House staff (S)
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Aides Differ on Toll That Starr Inquiry Has on Clinton
Date: 29 May 1998
By James Bennet
James Bennet
White House has for months cultivated air of Olympian imperviousness to frenzied inquiries into Pres Clinton and former aide Monica Lewinsky; spokesman Michael McCurry and other aides insist Clinton is not distracted, even as President's lawyers try to make legal case that Kenneth Starr's investigation has substantial impact on his ability to discharge his public obligations (S)
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South Africa Relents a Bit on Ousting Reporter
Date: 28 May 1998
By Donald G. McNeil Jr
Donald McNeil
South African Government, after months of refusing to let award-winning journalist Newton Kanhema return to fight deportation order, abruptly reverses itself; Kanhema is Zimbabwean citizen who has been living and working in South Africa but is visiting US on journalism fellowship; free press advocates say South Africa appears to be trying to chill freedom of press by deporting journalist who has angered Deputy Pres Thabo Mbeki; Jimmy Carter has raised Kanhema's case with Pres Nelson Mandela (M)
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DATA TRANSMISSION NETWORK CONSIDERS POSSIBLE SALE
Date: 29 May 1998
By Bloomberg News
Bloomberg News
Data Transmission Network Corp hires Salomon Smith Barney to examine possible sale of company or other alternatives to bolster its share value (S)
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GUINNESS TO ACCEPT MATTEL OFFER FOR BLUEBIRD SHARES
Date: 29 May 1998
By Bloomberg News
Bloomberg News
Guinness Peat Group PLC will accept offer of 116.5 pence a share in cash from toy maker Mattel Inc for shares in Bluebird Toys PLC, bringing to end four-month bidding war for British toy company; offer is worth about $78 million (S)
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AES TO GET HANWA ENERGY'S POWER BUSINESS
Date: 29 May 1998
By Bloomberg News
Bloomberg News
AES Corp to acquire power plant business of Hanwha Energy Co of South Korea; AES will inject $370 million of cash into business within two weeks and will also invest about $230 million to complete construction of unfinished power plant; AES may also assume $270 million of debt (S)
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SOUTHERN TO BUY 9 POWER PLANTS IN MASSACHUSETTS
Date: 28 May 1998
By Bloomberg News
Bloomberg News
Southern Co agrees to buy 9 power plants from Commonwealth Energy System and Eastern Utilities Associates for $537 million to bolster its electricity-trading operations in Northeast; plants are in Massachusetts (S)
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REPUBLIC SECURITY TO BUY FIRST PALM BEACH
Date: 29 May 1998
By Bloomberg News
Bloomberg News
Republic Security Financial Corp to acquire First Palm Beach Bancorp for $279.3 million in stock (S)
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HICKS, TATE SEEKS LATIN AMERICA MEDIA HOLDINGS
Date: 28 May 1998
By Bloomberg News
Bloomberg News
Hicks, Muse, Tate & Furst Inc, buyout firm, agrees to pay $700 million for about 30 percent of Argentine media company CEI Citicorp Holdings SA; sellers are Citibank unit of Citicorp and Los W S.A. (S)
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INLAND STEEL TO HOLD DUTCH AUCTION AFTER SALE OF UNIT
Date: 28 May 1998
By Bloomberg News
Bloomberg News
Inland Steel Industries, which agreed in March to sell its steel-making unit to Ispat International NV, says it will distribute proceeds to shareholders through Dutch auction. in which Inland will specify range of prices at which it is willing to buy back its common shares (S)
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