Three at ABC Get New Positions In Revamping of News Division
Date: 09 March 2000
By Bill Carter
Bill Carter
ABC-TV realigns management of its news division giving three executives new duties under division's president David Westin; Westin names Paul Friedman, who has been executive producer of evening newscast, World News Tonight, to new management position, executive vice president and managing editor for news coverage; Friedman will also help select new executive producer of newscast; Westin names Phyllis McGrady to new post supervising all division primetime programs, as well as its morning show, Good Morning America; Bob Murphy is named senior vice president for multimedia; he will supervise all aspects of news division's expansion into digital and wireless technologies (M)
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A SOFTBANK FUND FOR EUROPE
Date: 09 March 2000
By Stephanie Strom
Stephanie Strom
Softbank Corp of Japan, one of world's largest investors in budding Internet-related companies, has assembled $1 billion war chest to deploy in Europe, together with its two European investment partners--epartners, a unit of News Corp, and Vivdeni, French telecommunications company (S)
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BELGIAN CORPORATION AGREES TO PURCHASE DICTAPHONE
Date: 09 March 2000
By Bloomberg News
Bloomberg News
Lernout & Hauspie Speech Products NV acquires Dictaphone Corp for about $510 million in stock and assumption of $425 million of Dictaphone debt (S)
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EVENTURES SAYS IT IS BUYING INTERNET GLOBAL SERVICES
Date: 10 March 2000
By Bloomberg News
Bloomberg News
EVentures Group Inc acquires Internet Global Services Inc for about $88.2 million in stock (S)
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TWO MAKERS OF COMPUTER NETWORK EQUIPMENT TO MERGE
Date: 09 March 2000
By Bloomberg News
Bloomberg News
Apex Inc and Cybex Computer Products agree to merger valued at $1.14 billion that will bring together two rival makers of equipment for managing computer networks (S)
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ROCHE PLANS TO SELL 3 MILLION GENENTECH SHARES
Date: 10 March 2000
By Bloomberg News
Bloomberg News
Roche Holding AG plans to sell 17.3 million shares of Genentech Inc, raising about $3 billion and taking advantage of fourfold increase in Genentech's stock price since July (S)
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OGDEN AGREES TO SELL THEME PARKS TO ALFA ALFA HOLDINGS
Date: 10 March 2000
By Bloomberg News
Bloomberg News
Ogden Corp agrees to sell its water and theme park assets to Alfa Alfa Holdings of Athens for about $148 million cash; Alfa Alfa, also known as Aluminum of Attica SA, will assume $80 million in debt (S)
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A LIMIT TO CINAR'S EXPOSURE
Date: 09 March 2000
By Bloomberg News
Bloomberg News
Cinar Corp, which fired its number 3 executive this week after asserting that he made $122 million in unauthorized investments, says its financial exposure will not exceed $86 million (S)
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Metro Business; 2 Banks Postpone Votes on a Merger
Date: 10 March 2000
By Bloomberg News
Bloomberg News
Dime Bancorp and Hudson United Bancorp postpone shareholder votes on their proposed merger, giving themselves more time to fight North Fork Bancorp's $1.79 billion hostile bid for Dime (S)
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VOLVO BID IN JEOPARDY
Date: 09 March 2000
By Bloomberg News
Bloomberg News
Volvo AB may scrap its $6 billion bid for Scania AB after failing to agree with European Commission on terms of takeover; Volvo's chief executive Leif Johansson comments; photo (S)
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