Kirch Group Estimates Its Value at $9 Billion
Date: 09 January 1999
By Bloomberg News
Bloomberg News
Kirch Group gives potential investors--Mediaset SpA, News Corp and Prince Walid bin Talal of Saudi Arabia--document that estimates its net value at 15 billion marks ($9 billion); Kirch has said it will divide into three holding companies to make it easier to attract investors and to pave the way for selling shares to the public (S)
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In a Rarely Used Venue, Rarely Seen Bipartisanship
Date: 09 January 1999
By Katharine Q. Seelye and Lizette Alvarez
Katharine Seelye
Senate agreement on how to proceed with impeachment trial was reached in Old Senate Chamber, location which added sense of dignity and historical resonance to proceeding; photo (M)
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Into a Minefield: 'Cold War' on TV; Three Historians, Three Perspectives And Some Discord
Date: 09 January 1999
Historians' comments on CNN television series Cold War noted (S)
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Into a Minefield: 'Cold War' on TV; The View From Inside: Answering Some Criticism
Date: 09 January 1999
By John Lewis Gaddis
John Gaddis
John Lewis Gaddis, historian who is consultant to CNN on television series Cold War, gives insider's account of documentary's preparation; notes that every scrap of film has been authenticated, and there was careful coordination with Cold War International History Project and National Security Archive; argues that series explores era's moral ambiguities without asserting any moral equivalency between US and Soviet Union; photos (M)
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Into a Minefield: 'Cold War' on TV; Finding a Moral Difference Between U.S. and the Soviets
Date: 09 January 1999
By Ronald Radosh
Ronald Radosh
Ronald Radosh reviews CNN television series Cold War; finds it does well portraying evils of Soviet system, but says it too often equates Soviet Union's moral failings with those of US; photos (M)
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Into a Minefield: 'Cold War' on TV; Soviet Ambition Worried All, But It's Not the Whole Story
Date: 09 January 1999
By Lloyd C. Gardner
Lloyd Gardner
Historian Lloyd C Gardner reviews CNN television series Cold War from perspective that questions inevitability of East-West confrontation; notes that CNN, not surprisingly, emphasizes systemic Soviet weaknesses while faulting US mainly for miscalculations; photos (M)
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INTEGRATED ELECTRICAL SET FOR FIVE ACQUISITIONS
Date: 09 January 1999
By Bloomberg News
Bloomberg News
Integrated Electrical Services Inc will acquire five unnamed electrical companies with combined annual revenue of $66 million as it follows its strategy of growth through purchases (S)
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CENDANT SETTLES LAWSUIT BY INVESTORS FOR $350 MILLION
Date: 08 January 1999
By Bloomberg News
Bloomberg News
The Cendant Corporation, a franchiser and direct marketer, agreed yesterday to settle a class-action lawsuit by investors for $350 million. Cendant, based in Parsippany, N.J., agreed to raise by $350 million the market value of securities it issued last year to help finance a bid to buy American Bankers Insurance Group Inc. Plaintiffs contended that the company's executives had misled investors by failing to disclose accounting fraud in April that resulted in a drop in Cendant's share price. The accounting troubles also caused the $3.1 billion purchase of American Bankers Insurance to fall through. Cendant stock rose 50 cents yesterday, to $19.9375.
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CENDANT SETTLES LAWSUIT BY INVESTORS FOR $350 MILLION
Date: 09 January 1999
By Bloomberg News
Bloomberg News
Cendant Corp agrees to settle class-action lawsuit by investors for $350 million; company agrees to raise by $350 million market value of securities it issued last year to help finance failed bid to buy American Bankers Insurance Group Inc; plaintiffs contended company's executives misled investors by failing to disclose accounting fraud in April that resulted in drop in Cendant's share price (S)
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FINOVA GROUP TO BUY SIRROM CAPITAL WITH STOCK
Date: 08 January 1999
By Bloomberg News
Bloomberg News
Finova Group will acquire Sirrom Capital Corp for about $379 million in stock (S)
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