กำลังเล่นซ้ำ วันเสาร์ที่ 31 สิงหาคม ค.ศ. 1996

QUAKER STATE SET TO PURCHASE MEDO COMPANIES

Date: 31 August 1996

Quaker State Corp says it agreed to buy Medo Companies, privately held maker of automobile air-freshener products (S)~

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SIERRA SEMICONDUCTOR EXPECTS TO CUT 150 EMPLOYEES

Date: 31 August 1996

Sierra Semiconductor Corp says that it expects to dismiss 150 employees, or 30% of its work force, in next few months as it stops selling chips for computer modems (S)ï

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Checkmate In Chechnya

Date: 01 September 1996

By MICHAEL SPECTER

Michael SPECTER

Analysis: Russian Government and its Muslim adversaries in Chechnya have taken giant step toward ending war; deciding factor for Russia was when rebels seized Grozny from distressed and demoralized Russian Army, and then surrounded as many as 3,000 Russian soldiers in their barracks; there was little left for Kremlin to do but back away or bomb Grozny--and its own soldiers--to dust (M)

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MERISEL AGREES TO A DEAL WITH CHS ELECTRONICS

Date: 31 August 1996

Merisel Inc agrees to sell most of its European operations and all of its Latin American businesses to CHS Electronics Inc for $130 million in cash and assumption of $30 million of debt (S)

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U.S. SURGICAL EXTENDS HOSTILE TAKEOVER BID

Date: 31 August 1996

US Surgical Corp says it extended its hostile takeover offer of $18 a share, or $235 million, for Circon Corp until Sept 30 (S)Ø

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MEMTEC OF AUSTRALIA TO BUY GELMAN SCIENCES

Date: 31 August 1996

Memtec Ltd, Australian filtration company, says that it agreed to buy Gelman Sciences Inc of Ann Arbor, Mich, for about $270 million in stock (S)

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IRIDEX STOCK RISES ON EYE LASER APPROVAL

Date: 31 August 1996

Stock of Iridex Corp jumps more than 15%, one day after company, which makes laser systems used to treat eye diseases, receives FDA approval to sell its Oculight laser (S)

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9.1% STAKE IN CONSOLIDATED CIGAR GAINED

Date: 31 August 1996

Investment partnerships affiliated with Martin Zweig acquire 9.1% stake in class A common stock of Consolidated Cigar Holdings Inc (S)

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AMERISTAR CASINOS STOCK TUMBLES BY 22%

Date: 31 August 1996

Stock of Ameristar Casinos Inc falls 22% after company says it expects earnings for third and fourth quarters to be below Wall Street's expectations (S)

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ROYAL BANK OF CANADA SETS AN ACQUISITION

Date: 31 August 1996

Royal Bank of Canada's brokerage unit, RBC Dominion Securities Inc, agrees to acquire a rival, Richardson Greenshields of Canada Ltd for $480 million (Canadian), or $350 million (SS)û

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