Health Web Site Makes CNN Deal
Date: 17 February 1999
By Bloomberg News
Bloomberg News
CNN News Group says it has invested undisclosed amount in Web MD and signed agreement to exchange news and advertising with company, an on-line medical information service (S)
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TV Notes; Bad Hair Days
Date: 17 February 1999
By Lawrie Mifflin
Lawrie Mifflin
CBS Morning News reports on disturbing increase in use of hair tests to screen job applicants for past drug use; such stories would be expected on evening news program, but CBS wants to use them to distinguish its morning show from the competition (S)
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Israeli Police Investigating Ariel Sharon, Attorney Says
Date: 17 February 1999
By Deborah Sontag
Deborah Sontag
Israel's Foreign Min Ariel Sharon is under investigation for allegedly bribing former Army general, Avigdor Ben Gal, to give false testimony in libel trial in 1997 in suit brought by Sharon against newspaper Haaretz, which he accused of printing falsehoods regarding his conduct as Defense Minister during 1982 invasion of Lebanon; his lawyer Jacob Weinroth says charges are absurd (M)
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BANKAMERICA IN $150 MILLION DEAL FOR 50% OF MARSICO
Date: 17 February 1999
By Bloomberg News
Bloomberg News
BankAmerica Corp acquires half of Marsico Capital Management LLC for about $150 million (S)
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CEREAL MAKER PREDICTS A SLOWDOWN OF SALES GROWTH
Date: 17 February 1999
By Bloomberg News
Bloomberg News
General Mills Inc expects its sales growth to slow in next few months from pace set earlier in fiscal year (S)
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NOKIA TO ACQUIRE DIAMOND LANE FOR $125 MILLION IN CASH
Date: 17 February 1999
By Bloomberg News
Bloomberg News
Nokia agrees to buy Diamond Lane Communications Corp for $125 million in cash (S)
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CHART INDUSTRIES IN $240 MILLION DEAL FOR MVE HOLDINGS
Date: 17 February 1999
By Bloomberg News
Bloomberg News
Chart Industries will buy MVE Holdings Inc for about $240 million in cash and assumed debt (S)
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LVMH BUYS 33% SHARE IN THE MICHAEL KORS FASHION HOUSE
Date: 17 February 1999
By Bloomberg News
Bloomberg News
LVMH Moet Hennessy Louis Vuitton SA acquires 33 percent of American fashion house Michael Kors LLC; remaining ownership will be shared in equal parts with co-presidents Michael Kors and John Orchulli (S)
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E*TRADE RECEIVES S.E.C. APPROVAL TO START LINE OF FUNDS
Date: 17 February 1999
By Bloomberg News
Bloomberg News
E*Trade Group receives approval from Securities and Exchange Commission to start its own line of mutual funds, and company says it will establish its first fund, index fund attempting to mimic performance of Standard & Poor's 500-stock index (S)
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Mitsubishi Seeking Links To Foreign Car Makers
Date: 17 February 1999
By Bloomberg News
Bloomberg News
Mitsubishi Motors Corp is seeking alliances with foreign car companies that could lead to sale of a stake in company (S)
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