MEDIA GENERAL WILL ACQUIRE 3 NEWSPAPERS
Date: 14 October 1997
By Dow Jones
Dow Jones
Media General Inc will acquire The Herald-Courier in Bristol, Va, The Washington County News of Virginia and The Sullivan County News of Tennessee for about $91.2 million (S)
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A Growing Clash of Visions At The Los Angeles Times
Date: 13 October 1997
By James Sterngold
James Sterngold
Efforts of Times Mirror Co chief executive Mark H Willes, new publisher of Los Angeles Times newspaper, to shake up company's lackluster business performance are raising ethical concerns in journalistic community; Shelby Coffey 3d, resigned hastily as paper's editor to make way for new system; Willes has set reorganization that will let editors and journalists consult regularly with advertising and marketing executives, breaching wall that has long separated two at most major newspapers (M)
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Bad Guys, Good Guys: Journalists in the Movies
Date: 13 October 1997
By Bernard Weinraub
Bernard Weinraub
Hollywood's ambivalence in its portrayal of journalists discussed in light of new film Mad City; photos (M)
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TRANSWORLD HEALTHCARE WILL PURCHASE APRIA
Date: 14 October 1997
By Bloomberg News
Bloomberg News
Transworld Healthcare Inc and its largest stockholder, Hyperion Partners, offer to buy Apria Healthcare Group Inc for about $950 million in cash and stock plus assumed debt (S)
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FOUNDATION CUTS 6% OF WORKERS AT 9 HOSPITALS
Date: 14 October 1997
By Bloomberg News
Bloomberg News
Allegheny Health, Education and Research Foundation dismisses 6 percent of its workers at nine hospitals in Delaware Valley, cutting about 1,200 jobs as it seeks to reduce costs; also says it has cut compensation for all of its executives by average of more than 20 percent, as it will seek to reward highly productive faculty and reduce compensation for others (S)
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HOSPITALITY TO PURCHASE 9 HOTELS FROM MARRIOTT
Date: 14 October 1997
By Bloomberg News
Bloomberg News
Hospitality Properties Trust buys nine hotels, seven of which are still under construction, from Marriott International Inc for $129 million (S)
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L.A. GEAR SELLS A 42% STAKE AND NAMES NEW CHIEF
Date: 14 October 1997
By Bloomberg News
Bloomberg News
LA Gear Inc names David Gatto new chairman and chief executive after PCH Investments LLC purchases 42 percent stake in company; PCH buys 1.14 million shares from Trefoil Capital Investors LP; terms undisclosed; Gatto replaces Stanley Gold, who is also president of general partner of Trefoil (S)
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Ericsson China Contracts
Date: 14 October 1997
By Bloomberg News
Bloomberg News
Ericsson AB, Swedish telecommunications equipment maker, wins three network expansion contracts totaling $223 million from China (S)
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Building-Supply Chain May Buy British Rival
Date: 14 October 1997
By Bloomberg News
Bloomberg News
Meyer International PLC, a British timber and building materials merchant, is in talks to buy Harcos building materials unit of Harrisons & Crossfield PLC for more than $483 million (S)
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Finland's Biggest Bank In Swedish Merger
Date: 14 October 1997
By Bloomberg News
Bloomberg News
Merita Oy, Finland's largest bank, will merge with Nordbanken AB of Sweden to create a company with market value of $10.7 billion and assets of $103 billion; each bank will control 50 percent of votes in new company (S)
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