CANADIAN PACIFIC TO SELL REALTY UNITS FOR $693 MILLION
Date: 07 September 1996
Canadian Pacific Ltd agrees to sell its Marathon Realty and Centrixx Realty Holdings units for $693.3 million; units will be sold to newly incorporated company that will be owned equally by Oxford Properties Group Inc of Toronto and GE Capital, financial unit of General Electric Co (S)
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FIRST DATA AGREES TO BUY DONNELLEY MARKETING
Date: 06 September 1996
First Data Corp agrees to buy Donnelley Marketing Inc for $185 million in cash from DM Holding (S)
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HOSPITAL DATA SERVICE IN DEAL FOR SOFTWARE MAKER
Date: 07 September 1996
HBO & Co agrees to acquire privately held Management Software Inc for about $45 million in stock; Management Software makes software for home health care industry; HBO & Co provides information services like billing and patient tracing, mainly to hospitals (S)
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SHARES OF VERITY PLUNGE ON BIGGER LOSS FORECAST
Date: 07 September 1996
Stock of Verity Inc loses almost half its value, a day after company said it expected to post first-quarter net loss of about $1.3 million, or triple its loss for corresponding period last year; stock plunges $12 a share, to $12.125 (S)
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LUCENT TO SELL A BUSINESS TO DALLAS INVESTMENT FIRM
Date: 06 September 1996
Lucent Technologies Inc says it is selling printed circuit board and backplane business of its microelectronics group to investment firm Hicks, Muse, Tate & Furst Inc for undisclosed sum (S)
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JAMES RIVER ACQUIRES REMAINING INTEREST IN JAMONT
Date: 06 September 1996
James River Corp says it acquired full ownership of Jamont NV by paying $201.4 million for remaining 13.6 percent stake from Europaper Inc (S)
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GENZYME PLANS TO BUY NEOZYME II FOR $109 MILLION
Date: 07 September 1996
Genzyme Corp plans to buy Neozyme II Corp for $45 a unit, or about $109 million in cash (S)
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KEYSTONE INVESTMENTS SAID TO SEEK PARTNERSHIP OR SALE
Date: 06 September 1996
Keystone Investments Inc is exploring possibility of teaming up with outside company or selling the company; First Union Corp is mentioned as possible buyer (S)
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PACKARD BELL RESOLVES DISPUTE OVER RECYCLED PARTS
Date: 06 September 1996
Packard Bell Electronics Inc says it will pay more than $5 million to settle charges by Federal Government and 22 states that it sold computers with recycled parts as new; company also agrees to list it on cartons when new computers contain recycled parts (S)
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FRITO-LAY SAYS THAT U.S. SEEKS DOCUMENTS IN INQUIRY
Date: 07 September 1996
Justice Department asks Frito-Lay Inc to provide documents as part of its investigation of possible anticompetitive practices in $15 billion salty-snacks industry (S)
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