Newt Gingrich On Fox News
Date: 27 October 1999
By Bill Carter
Bill Carter
Fox News hires Newt Gingrich in exclusive deal to provide political commentary; photo; bleak fall season for Fox broadcast network turns into one of most sweeping setbacks in network television with Fox's decision to cancel its entire Friday night lineup (M)
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Rowland Firmly Defends Conduct in Fund-Raising
Date: 28 October 1999
By Mike Allen
Mike Allen
Connecticut Gov John G Rowland, beset by mounting allegations that his administration mixed fund-raising with state business before last year's election, gives emotional defense of his conduct, challenging journalists to find proof of corruption and report it to Federal authorities (M)
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BURLINGTON TO BUY ARCO FIELDS FOR $304 MILLION
Date: 27 October 1999
By Bloomberg News
Bloomberg News
Burlington Resources Inc agrees to buy oil and natural gas fields in Ecuador, Colombia and Peru from ARCO for $304 million (S)
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I.B.M. AUTHORIZES $3.5 BILLION STOCK BUYBACK
Date: 27 October 1999
By Bloomberg News
Bloomberg News
IBM authorizes buyback of as much as $3.5 billion of its stock, as profit warnings for fourth and first quarters have sent its shares tumbling (S)
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EXODUS COMMUNICATIONS AGREES TO BUY SERVICE METRICS
Date: 28 October 1999
By Bloomberg News
Bloomberg News
Exodus Communications Inc acquires Service Metrics Inc for $280 million in stock (S)
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GTE SELLS LOCAL PHONE LINES IN OKLAHOMA TO DBA
Date: 27 October 1999
By Bloomberg News
Bloomberg News
GTE Corp, which is being acquired by Bell Atlantic Corp, agrees to sell 129,029 local telephone lines in Oklahoma to DBA Communications LLC; sale includes 27 telephone exchanges, and 140 GTE employees will transfer to DBA; financial terms undisclosed (S)
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CISCO SYSTEMS TO BUY TASMANIA NETWORK FOR $25 MILLION
Date: 27 October 1999
By Bloomberg News
Bloomberg News
Cisco Systems Inc acquires Tasmania Network Systems Inc for $25 million in stock (S)
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BET HOLDINGS PLANS $1 BILLION INVESTMENT IN RADIO
Date: 28 October 1999
By Bloomberg News
Bloomberg News
BET Holdings Inc chairman-chief executive Robert L Johnson says company will spend $1 billion to enter radio business; confirms report that BET is looking to buy stations from Clear Channel Communications Inc, which intends to sell as many as 125 of them as part of its proposed purchase of AMFM Inc; says BET aims to acquire 20 to 30 stations (S)
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Metro Business; Tenants Are Sought For Times Sq. Site
Date: 27 October 1999
By Bloomberg News
Bloomberg News
Boston Properties starts seeking tenants for $545 million office tower it is building in Times Square(M)
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AIRBUS GETS FRENCH ORDER
Date: 27 October 1999
By Bloomberg News
Bloomberg News
Air France SA will buy eight Airbus Industrie jets for use on long-haul routes; Air France will place order for 8 of A330-200's and may take as many as 13, giving deal value of as much as $1.6 billion (S)
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