Media Madness Down Under
Date: 27 January 1997
By Clyde H. Farnsworth
Clyde Farnsworth
Television networks in Australia owned at least in part by billionaires Rupert Murdoch and Kerry Packer regularly tangle over news coverage; competition involves open checkbooks and even bare knuckles; networks regularly raid one another's talent and use dirty tricks to disable their rivals' news-gathering abilities; networks were so eager to get exclusive on recent survival-at-sea story that they hired bodyguards to keep others at bay; Australian viewers see humor in the situation; photo (M)
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HOME DEPOT TO PAY $245.4 MILLION FOR DIRECT MARKETER
Date: 28 January 1997
By Bloomberg News
Bloomberg News
Home Depot Inc to pay $245.4 million in stock for Maintenance Warehouse America Corp (S)
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AMERISOURCE HEALTH TO ACQUIRE WALKER DRUG
Date: 28 January 1997
By Bloomberg News
Bloomberg News
Amerisource Health Corp to buy Walker Drug Co (S)
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Stocks Lower in Japan
Date: 27 January 1997
By Bloomberg News
Bloomberg News
Stocks trade sharply lower in Tokyo on Jan 27; Nikkei index of 225 issues is down 354.46 points, at 17,334.90 (S)
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Reeves Picks an Assistant
Date: 28 January 1997
By Bloomberg News
Bloomberg News
Atlanta Falcons hire Ron Meeks as team's new secondary coach while retaining Tim Jorgensen as strength and conditioning coach (S)
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Breakfast of Cheeseheads
Date: 28 January 1997
By Bloomberg News
Bloomberg News
General Mills announces that several Super Bowl champion Green Bay Packers players and fans will be on Wheaties cereal box (S)
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Tower Automotive Agrees to Pay $625 Million for A.O. Smith Unit
Date: 28 January 1997
By Bloomberg News
Bloomberg News
Tower Automotive Inc to acquire A O Smith Corp's Automotive Products Co for $625 million cash (S)
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House of Fraser to Close 3 Stores in Britain
Date: 28 January 1997
By Bloomberg News
Bloomberg News
House of Fraser PLC to dismiss 1,000 employees, 10 percent of work force, close three stores and take charges of up to 49 million pounds ($79 million); will post loss for year (S)
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MERRILL LYNCH & CO. (MER, N)
Date: 28 January 1997
By Bloomberg News
Bloomberg News
Merrill Lynch & Co reports fourth-quarter net income rose 47 percent, to $445 million, up from $303 million in 1995 period; says 1996 profit rose to record $1.62 billion, up 46 percent from $1.11 billion in 1995; table (S)
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Mobil and ARCO Report Earnings Growth
Date: 28 January 1997
By Bloomberg News
Bloomberg News
Mobil Corp reports fourth-quarter operating earnings rose to record $879 million, up 16 percent from $760 million in 1995 period; net income fell to $676 million, down from $775 million in 1995 quarter; full-year net income rose to $2.96 billion from $2.38 billion in 1995; Atlantic Richfield Co reports fourth-quarter net income rose 9.2 percent to $380 million, up from $348 million in 1995 period; tables (S)
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