Newspaper Industry Fails To Stem Circulation Drop
Date: 04 May 1999
By Felicity Barringer
Felicity Barringer
Months of effort by nation's newspaper publishers to rein in price increases and to promote their publications aggressively failed to stem industry's long-term circulation decline; latest figures from Audit Bureau of Circulations show average daily circulation down five-tenths of 1 percent, while Sunday circulation dropped by 1 percent, for six months ended March 30; newspapers that showed greatest ability to buck trend were those in competitive markets or those that command national audience, like The New York Times; Times registered 2.2 percent daily circulation increase for total circulation of 1,134,974; Sunday circulation increased 2.3 percent, to 1,687,959; Boston Globe, owned by New York Times, lost 2.4 percent of its Sunday circulation, which declined to 730,420; figures for other newspapers noted (M)
Full Article
How Voice of NATO Honed His Delivery
Date: 04 May 1999
By Craig R. Whitney
Craig Whitney
NATO's six-person press information staff, headed by spokesman Jamie Shea, has been bolstered by multinational 'information strategy cell' of about 20 high-powered public officials in effort to hone press briefings, which created confusion at start of NATO's air campaign against Yugoslavia; NATO official says idea is to get message across better (M)
Full Article
OFFER IS WITHDRAWN FOR A FRANCHISER OF SPORTS STORES
Date: 05 May 1999
By Bloomberg News
Bloomberg News
Grow Biz International Inc, which developes franchises for retailing used merchandise through Play It Again Sports stores, says chairman K Jeffrey Dahlberg and president-chief executive Ronald Olson have withdrawn their offer to buy shares of company they do not already own; two executives made offer of $14 a share in December, valuing company at $71 million (S)
Full Article
FRESH AMERICA TO MERGE WITH FRESHPOINT IN STOCK DEAL
Date: 04 May 1999
By Bloomberg News
Bloomberg News
Fresh America Corp to buy Freshpoint Inc for $101 million in stock; will form company called Freshpoint America (S)
Full Article
MOLEX TO ACQUIRE CARDELL, A MAKER OF AUTO PARTS
Date: 04 May 1999
By Bloomberg News
Bloomberg News
Molex Inc to buy Cardell Corp for undisclosed price (S)
Full Article
ATEC TO MERGE WITH WAREFORCE.COM IN $38.3 MILLION DEAL
Date: 05 May 1999
By Bloomberg News
Bloomberg News
Atec Group Inc agrees to merge with Wareforce.com Inc in stock swap valued at $38.3 million; Wareforce.com holders will own 54 percent of combined company (S)
Full Article
MEDIACOM TO ACQUIRE TRIAX MIDWEST FOR $740 MILLION
Date: 04 May 1999
By Bloomberg News
Bloomberg News
Mediacom LLC to acquire Triax Midwest Associates LP for $740 million (S)
Full Article
HUNTSMAN BUYS POLYURETHANE BUSINESS FROM RHODIA S.A.
Date: 05 May 1999
By Bloomberg News
Bloomberg News
Huntsman Corp acquires polyurethane materials business of Paris-based Rhodia SA; terms undisclosed (S)
Full Article
KINDER MORGAN BUYING CONTROL OF PLANTATION PIPE LINE
Date: 04 May 1999
By Bloomberg News
Bloomberg News
Kinder Morgan Energy Partners LP to buy Chevron Corp's 27 percent stake in Plantation Pipe Line Co for $124 million in cash to gain control of company (S)
Full Article
JANNOCK TO SELL ITS VINYL SIDING UNIT TO INVESTORS GROUP
Date: 05 May 1999
By Bloomberg News
Bloomberg News
Jannock Ltd sells its vinyl siding unit to investor group including Citicorp Venture Capital Ltd for $157.5 million in cash and stock (S)
Full Article