In Yiddish Or English, A Valued Voice
Date: 11 June 1997
By David Gonzalez
David Gonzalez
David Gonzalez About New York column on The Jewish Daily Forward; notes that newspaper is celebrating its 100th anniversary in 1997; says English version that began publishing in 1990 is aimed at children of immigrants who grew up with old Forward; says Russian-language edition serves thousands of new immigrants (M)
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Compelled by Shabazz's Situation, Hundreds Give Blood
Date: 10 June 1997
By Jane Gross
Jane Gross
Blood drive held in Harlem for Dr Betty Shabazz, who remains in critical condition from burns over most of her body; blood drive, organized by Amsterdam News and Carver Federal Savings Bank, drew hundreds of people of all complexions and convictions (M)
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JONES INTERCABLE SELLS CABLE AND WIRELESS STAKE
Date: 11 June 1997
By Bloomberg News
Bloomberg News
Jones Intercable Inc sells more than 25 million shares of Cable and Wireless Communications PLC to reduce debt of $329 million; terms undisclosed (S)
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ASCEND SHARES SLIDE ON A DELAY IN PRODUCT SHIPMENTS
Date: 11 June 1997
By Bloomberg News
Bloomberg News
Ascend Communications stock falls $6.25, to $41.375, on concern that software problem in chip in its Max networking products line might cause it to miss second-quarter revenue targets; shares of Cascade Communications Corp, which Ascend is acquiring, fall $4.3125, to $28.5625 (S)
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WACHOVIA TO BUY VIRGINIA BANK FOR $542 MILLION
Date: 11 June 1997
By Bloomberg News
Bloomberg News
Wachovia Corp, making its long-awaited expansion into Virginia, agrees to acquire Jefferson Bankshares Inc for $542 million in stock (S)
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$360 MILLION SWAP TO SEND NUMAR TO HALLIBURTON
Date: 11 June 1997
By Bloomberg News
Bloomberg News
Halliburton Co agrees to buy Numar Corp in stock swap valued at $360 million (S)
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HUNTSMAN TO ACQUIRE REXENE FOR $304 MILLION IN CASH
Date: 10 June 1997
By Bloomberg News
Bloomberg News
Rexene Corp agrees to be bought by closely held Huntsman Corp for $304 million in cash; Huntsman will also assume about $300 million of debt (S)
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RAYTHEON AGREES TO DELAY OVER TEXAS INSTRUMENTS UNIT
Date: 10 June 1997
By Bloomberg News
Bloomberg News
Raytheon Co agrees to delay its $2.95 billion purchase of Texas Instruments Inc's military business until June 30 while companies resolve Federal antitrust concerns (S)
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FELCOR ACQUIRING CONTROL OF UP TO 12 EMBASSY SUITES
Date: 10 June 1997
By Bloomberg News
Bloomberg News
Felcor Suite Hotels Inc agrees to pay about $146.7 million to buy control of as many as 12 Embassy Suites hotels from Promus Hotel Corp (S)
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ARMSTRONG MAKES UNSOLICITED BID FOR DOMCO
Date: 10 June 1997
By Bloomberg News
Bloomberg News
Armstrong World Industries makes unsolicited takeover bid of $488 million (Canadian), or around $353 million (US), for rival floor-coverings maker, Domco Inc of Montreal, which is already in midst of being sold by its French majority owner to Tarkett AG of Germany; bid comes less than two weeks after Domco's 70 percent owner, Sommer-Allibert SA agreed to sell its entire worldwide floor-covering business, including Domco, to Tarkett for $565 million (US) (S)
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