ABC's Use of Hidden Cameras Is Ruled Invasion of Privacy
Date: 26 June 1999
By Lawrie Mifflin
Lawrie Mifflin
California Supreme Court rules that journalists' use of hidden cameras in workplace can be invasion of privacy, upholding verdict against ABC News over story about telephone psychics; opinion reverses 1997 appeals court ruling that had overturned $1.2 million jury verdict awarded to Mark Sanders, employee of company that sold telephone psychic readings; Sanders's conversations with ABC employee posing as co-worker were videotaped and broadcast in 1993 Prime Time Live report, purporting to show that psychics did not take their jobs seriously and were cheating gullible callers paying $3.95 a minute to get advice (S)
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Copper Hits a One-Month High On News of U.S. Mine Closings
Date: 26 June 1999
By Bloomberg News
Bloomberg News
Copper for July delivery settles up 2.65 cents, to 69.00 cents a pound on the Comex unit of New York Stock Exchange on news that Broken Hill Proprietary, world's second-biggest producer, will close unprofitable United States mine in move aimed at shrinking global surplus; graph on copper prices (M)
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HUNTER DOUGLAS TO PURCHASE COMFORTEX
Date: 26 June 1999
By Bloomberg News
Bloomberg News
Hunter Douglas NV, Amsterdam, to buy Comfortex and make it separate unit of its North American division (S)
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TUBOSCOPE AGREES TO BUY NEWPARK RESOURCES
Date: 25 June 1999
By Bloomberg News
Bloomberg News
Tuboscope Inc to buy Newpark Resources Inc, oilfield waste disposal company, in transaction valued at $638 million in stock (S)
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BELLSOUTH AGREES TO $5 BILLION CONTRACT WITH NORTEL
Date: 25 June 1999
By Bloomberg News
Bloomberg News
BellSouth Corp to buy at least $5 billion of equipment and services from Nortel Networks Corp, as it seeks to update its worldwide networks with Internet technology (S)
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CITATION AGREES TO BE ACQUIRED BY CLOSELY HELD KELSO
Date: 25 June 1999
By Bloomberg News
Bloomberg News
Citation Corp agrees to be acquired by Kelso & Co for about $644 million, including assumed debt (S)
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NALCO CHEMICAL SAYS IT IS CONDUCTING MERGER TALKS
Date: 25 June 1999
By Bloomberg News
Bloomberg News
Nalco Chemical Co, world's largest producer of water-treatment chemicals, is in talks over possible merger (S)
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GEORGIA-PACIFIC AND CHESAPEAKE TO COMBINE TISSUE UNITS
Date: 26 June 1999
By Bloomberg News
Bloomberg News
Georgia-Pacific Group to combine its commercial-tissue business with Chesapeake Corp's Wisconsin Tissue and pay Chespeake $730 million for 90 percent stake in the partnership (S)
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U.S. INDUSTRIES IS BUYING SPRING RAM FOR $129 MILLION
Date: 25 June 1999
By Bloomberg News
Bloomberg News
US Industries acquires Spring Ram Corp, Britain, for $129 million in cash to bolster its Jacuzzi Inc whirlpool unit (S)
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ANSWERTHINK CONSULTING AGREES TO BUY THINK NEW IDEAS
Date: 26 June 1999
By Bloomberg News
Bloomberg News
Shares of Answerthink Consulting Group decline 14 percent after company says it will buy Internet marketer Think New ideas Inc for $231.2 million in stock (S)
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