Independent Serb Journalists Defend Their Work
Date: 06 October 1999
By Steven Erlanger
Steven Erlanger
Serbian journalists complain that recent conference intended to let Serbian, Montenegrin and Albanian journalists discuss their coverage of war in Kosovo was rife with moral arrogance, sloppiness and hypocrisy; complain that organizers of conference, sponsored by Organization for Security and Cooperation in Europe, did not study coverage adequately and made few distinctions between state and independent media or among them (M)
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CNN Reaction to Dobbs Deal Is Low-Key
Date: 05 October 1999
Cable News Network executives, reacting to Lou Dobbs's partnership deal with NBC, note he has contract with CNN; contract bars him from working on television for three years; NBC hopes to skirt contract by having him appear on NBC programs to promote financial newsletter he will publish with NBC (S)
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TV Guide Sold For $9.2 Billion In Stock Deal
Date: 05 October 1999
By Alex Kuczynski
Alex Kuczynski
Gemstar International Group to buy TV Guide for about $9.2 billion in stock; new company will be called TV Guide International; deal ends Rupert Murdoch's 11-year association with magazine through his News Corp, which owns 44 percent stake; Liberty Media also owns 44 percent; deal also ends legal battles between Gemstar and TV Guide over patents for program guides (M)
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Austrian Right's Gains Upset Mainly Foreigners
Date: 05 October 1999
By Donald G. McNeil Jr
Donald McNeil
Results of Austria's national elections remain too close to call and Austrian citizens are accusing foreign media of inflating dangers posed by right-wing Freedom Party led by Jorg Haider; Social Democratic Party is holding on to first place, as it has for decades; second place finish, by either Freedom Party or business-oriented People's Party, is undecided (M)
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Russia Raids Bank in Laundering Inquiry
Date: 06 October 1999
By Neela Banerjee
Neela Banerjee
Russian police raid politically well-connected Sobin Bank as probe into possible money laundering through Bank of New York seems to be gathering momentum; arrest crew from state-owned television network for entering site and filming against police instructions (M)
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INGERSOLL-RAND PUTS TWO VENTURES UP FOR SALE
Date: 06 October 1999
By Bloomberg News
Bloomberg News
Ingersoll-Rand Co will sell two ventures--one that makes pumps and another that builds compressors--as soon as possible; announcement follows news that Halliburton Co, partner in ventures, is selling stakes to Ingersoll for $1.1 billion (S)
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ASARCO BOARD RECOMMENDS REJECTION OF 2 TAKEOVER BIDS
Date: 06 October 1999
By Bloomberg News
Bloomberg News
Asarco Inc board unanimously recommends rejection by shareholders of takeover bids from Phelps Dodge Corp and Grupo Mexico SA; authorizes management to begin seeking best possible offer for company (S)
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INTRAWARE BUYING 2 CONCERNS TO WIDEN ON-LINE SERVICES
Date: 05 October 1999
By Bloomberg News
Bloomberg News
Intraware Inc to acquire Bitsource Inc for $11 million in cash and stock and Internet Image Inc for $37 million in cash and stock (S)
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KIMBERLY-CLARK MOVES TO TRIPLE HEALTH CARE BUSINESS
Date: 05 October 1999
By Bloomberg News
Bloomberg News
Kimberly-Clark Corp says it plans to buy more health care businesses to triple size of its medical operations to $2 billion in next few years (S)
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JDS UNIPHASE TO BUY MAKER OF FIBER OPTIC EQUIPMENT
Date: 05 October 1999
By Bloomberg News
Bloomberg News
JDS Uniphase Corp to buy Epitaxx Inc for $400 million in stock; Epitaxx is majority owned by Nippon Sheet Glass Co unit (S)
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