Media Talk; CNN's Idea to Team Up With Networks Stalls
Date: 08 February 1999
By Alex Kuczynski
Alex Kuczynski
Gerald Levin, chairman of Time Warner, says little progress has been made since CNN talked last year with major networks about combining news operations; photo (S)
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Murdoch Son to Head U.S. Publishing
Date: 09 February 1999
Rupert Murdoch has put his oldest son, Lachlan, in charge of News Corp's US publishing businesses; younger Murdoch is named to new position of senior executive vice president of company; he will also become member of office of chairman alongside his father and other key eecutives (S)
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How a Lunch Tidbit Led a Reporter to Write an Affidavit Rather Than a Story
Date: 08 February 1999
By Felicity Barringer
Felicity Barringer
Apparent contradictions have emerged between Pres Clinton adviser Sidney Blumenthal's testimony that he was not source of any news stories about Monica S Lewinsky's personal life and affidavit by journalist Christopher Hitchens recalling Blumenthal called her 'stalker' when he and wife lunched with Blumenthal and his wife; Blumenthal's lawyer sees no contradictions, noting Blumenthal testified that he often talked about news stories concerning Lewinsky to friends and family; photo (M)
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Once Accused, Now the Accuser; Ex-Bomb Suspect's Suit Challenges an Atlanta Newsroom
Date: 08 February 1999
By Felicity Barringer
Felicity Barringer
Richard Jewell is suing Atlanta Journal-Constitution for identifying him as 'focus of' Federal probe into bombing at 1996 Summer Olympics Games in Atlanta; although case is months away from trial, evidence assembled offers glimpse of workings of newsroom; it shows how news coverage, started in particular direction, can become journalistic juggernaut, hard to turn; evidence gathered so far shows that in first days after Jewell was named, Journal-Constitution gave prominence to reporting that supported FBI view, giving only perfunctory attention to contradictory material; evidence makes it clear how tempting it is for journalists covering highly visible investigation to adopt investigators' theories as their own; Jewell's lawyer notes journalists did not only report suspicions of Jewell's guilt, but embellished and enlarged on them; photos (L)
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President of Zimbabwe Defies Court Order to Free 2 Journalists
Date: 08 February 1999
By Donald G. McNeil Jr
Donald McNeil
Pres Robert Mugabe pushes Zimbabwe toward constitutional crisis with angry television speech suggesting Supreme Court resign; threatens 'stern measures' against independent press, seems to back army's arrest and apparent torture of Zimbabwe Standard journalists Ray Choto and Mark Chavanduka and to defy court orders that they be released; suggests article that led to arrest, which said 23 army officers were arrested for plotting coup, was planted by Britain (M)
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HEALTHSOUTH TO REPURCHASE SHARES AND TAKE A CHARGE
Date: 09 February 1999
By Bloomberg News
Bloomberg News
HealthSouth Corp says its board has approved plan to buy back as many as 70 million shares, worth about $1 billion, and will take fourth-quarter charge of around $310 million (S)
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COMPUTER ASSOCIATES TO ACQUIRE CONSULTING CONCERN
Date: 09 February 1999
By Bloomberg News
Bloomberg News
Computer Associates International Inc to buy Computer Management Sciences Inc for about $435 million (S)
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BUILDING ONE CANCELS BUYBACK AGREEMENT WITH APOLLO
Date: 09 February 1999
By Bloomberg News
Bloomberg News
Building One Services Corp calls off agreement with financier Leon Black's Apollo Management LP to take control of Building One in $900 million stock buyback deal; instead, Building One says it will acquire half its 44 million shares for about $550 million, in tender offer, and will spend about $15 million to buy back half company's stock options (S)
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CORPORATE EXPRESS HIRES ADVISERS TO EXPLORE OPTIONS
Date: 09 February 1999
By Bloomberg News
Bloomberg News
Corporate Express Inc hires Donaldson, Lufkin & Jenrette and BT Alex Brown to assess its business and evaluate options; founder Jirka Rysavy gives up his post as chairman to become chief exeecutive of Gaiam Inc, a company he founded; Robert King, president-chief executive, will assume more leadership duties (S)
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SCOTIA HOLDINGS SELLS NORTH AMERICAN OLIBRA RIGHTS
Date: 09 February 1999
By Bloomberg News
Bloomberg News
Scotia Holdings PLC sells North American rights to its appetite-suppressing food additive, Olibra, to General Mills Inc; General Mills will invest large sums to develop Olibra-based foods (S)
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