Ads Enter Skirmish Over Health Care
Date: 15 July 1999
By Eric Schmitt
Eric Schmitt
Health insurance companies and employers are crusading in television and newspaper advertisements against cost of Democratic health care bill, which they say would increase premiums and increase ranks of uninsured; coalition of managed-care companies plans to spend more than $5 million in 1999 on multilayered advertising and grassroots campaign; separate coalition of employers and insurance companies are mounting two-week, $1 million television, radio and newspaper advertising campaign that criticizes Democratic bill for raising premiums and swelling ranks of uninsured; some ads in television air war described; photo (M)
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INSURANCE AUTO EXPLORING ACQUISITIONS OR PARTNERSHIPS
Date: 14 July 1999
By Bloomberg News
Bloomberg News
Insurance Auto Auctions Inc has hired investment bank Greif & Co to study 'strategic alternatives,' including acquisitions or partnerships with other companies; says company is not seeking a buyer (S)
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TLC BEATRICE NEARS FINAL LIQUIDATION WITH DISTRIBUTION
Date: 15 July 1999
By Bloomberg News
Bloomberg News
TLC Beatrice International Holdings Inc will distribute $30 a share, total of about $275 million, to stockholders as it nears final liquidation (S)
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ONSALE TO ACQUIRE EGGHEAD.COM, A RIVAL ON-LINE RETAILER
Date: 15 July 1999
By Bloomberg News
Bloomberg News
Onsale Inc agrees to buy rival on-line retailer, Egghead.com Inc, for about $400 million in stock (S)
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ANADARKO AND PARTNER TO SELL ALGERIAN OILFIELD STAKE
Date: 14 July 1999
By Bloomberg News
Bloomberg News
Anadarko Petroleum Co and its joint venture partner Lasmo PLC agree to sell their stakes in oilfield in Algeria to AGIP Algerian Exploration, unit of ENI SpA of Italy, for $127 million in cash; Sonatrach, Algeria's state oil company, has right to match offer; sale also requires approval by Algerian authorities (S)
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KOHLBERG KRAVIS BUYS 49% STAKE IN BIRCH TELECOM
Date: 15 July 1999
By Bloomberg News
Bloomberg News
Kohlberg Kravis Roberts & Co agrees to pay as much as $110 million for 49 percent of Birch Telecom Inc (S)
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WASTE MANAGEMENT WEIGHS PLANS TO BUY BACK SHARES
Date: 15 July 1999
By Bloomberg News
Bloomberg News
Waste Management Inc says it might sell some assets and use proceeds to buy back shares to increase value of its depressed stock (S)
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RACING CHAMPIONS REJECTS $182 MILLION OFFER FROM ENNA
Date: 15 July 1999
By Bloomberg News
Bloomberg News
Racing Champions Corp rejects offer of $11 a share, or about $182.6 milion, from Enna Corp (S)
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AMSOUTH PLANS TO CUT 1,400 JOBS AFTER BANK ACQUISITION
Date: 14 July 1999
By Bloomberg News
Bloomberg News
AmSouth Bancorp plans to cut 1,400 jobs, or about 10 percent of combined work force, in its $5.3 billion purchase of First American Corp, which was announced last month; will close 24 branches as part of acquisition (S)
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Purchase for Macromedia
Date: 15 July 1999
By Bloomberg News
Bloomberg News
Macromedia Inc acquires Elemental Software for about $24 million in stock (S)
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