Lou Dobbs, 'Moneyline' Anchor, Quits CNN for His Own Web Site
Date: 09 June 1999
By Bill Carter
Bill Carter
Lou Dobbs is leaving as Cable News Network executive vice president and anchor of financial news show Moneyline to start own Web site, Space.com; was in charge of all of CNN's financial news coverage and president of financial news cable channel CNNfn; his show is CNN's most lucrative in terms of advertising revenue; Space.com will offer news, educational and fictional entertainment content about space, including science and business content; Venrock Associates reportedly will be venture's primary investor; CNN names Jeff Gralnick and David Bohrman to replace Dobbs on interim basis; photo (M)
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Vivendi to Acquire Pathe, France's Largest Producer of Films
Date: 08 June 1999
By John Tagliabue
John Tagliabue
Vivendi SA of France to acquire Pathe SA, country's biggest film producing and distribution company, for $2 billion in stock; complex deal promises to push forward consolidation already under way in European television business; deal tightens Vivendi's grip on Canal Plus, its television affiliate, and gives it 17 percent stake in British Sky Broadcasting, television company controlled by Rupert Murdoch's News Corp; deal raises speculation that Vivendi might try to restart negotiations to merge Canal Plus and B Sky B, two largest pay-for-view television companies in Europe; earlier talks broke down (M)
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PUBLIC LIVES
Date: 09 June 1999
By James Barron With Kim Stevens and Corey Kilgannon
James With
Public Lives column comments on recent screening of film Austin Powers: The Spy Who Shagged Me, and New School jazz awards dinner at Laura Belle nightclub; also notes that Jo Becker of St Petersburg Times, Laura Meckler of Associated Press and Elizabeth Rubin won Livingston Awards, prizes given to journalists under 35 by Mollie Parnis Livingston Foundation; photo (M)
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HONEYWELL IS IN DEAL FOR SECURITY-PRODUCTS COMPANY
Date: 09 June 1999
By Bloomberg News
Bloomberg News
Honeywell Inc to buy C&K Systems Inc (S)
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YELLOW TO BUY JEVIC TRANSPORTATION FOR $200 MILLION
Date: 08 June 1999
By Bloomberg News
Bloomberg News
Yellow Corp says it agreed to acquire Jevic Transportation Inc for $200 million to increase its regional transportation services (S)
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HARNISCHFEGER SEEKS COURT PROTECTION FROM CREDITORS
Date: 08 June 1999
By Bloomberg News
Bloomberg News
Harnischfeger Industries, manufacturer of mining and paper-making machinery, files for bankruptcy under Chapter 11 of Federal bankruptcy code; Thomas Taylor, company's third-biggest shareholder, recently criticized management for ignoring takeover bid from unnamed suitor (S)
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SKY FINANCIAL IN $285 MILLION DEAL FOR MAHONING
Date: 08 June 1999
By Bloomberg News
Bloomberg News
Sky Financial Group Inc says it agreed to buy Mahoning National Bancorp for about $285 million in stock (S)
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SOUTHERN UNION IN $385 MILLION ENERGY DEAL
Date: 08 June 1999
By Bloomberg News
Bloomberg News
Southern Union Co to buy Pennsylvania Enterprises Inc for $385 million in stock and cash (S)
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MICROSOFT AND INPRISE REACH $125 MILLION AGREEMENT
Date: 09 June 1999
By Bloomberg News
Bloomberg News
Microsoft Corp pays $125 million for stake in Inprise Corp, right to use software developer's technology and to settle longstanding patent and technology issues (S)
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SCHOTTENSTEIN OFFERS BURNHAM PACIFIC $560 MILLION
Date: 08 June 1999
By Bloomberg News
Bloomberg News
Burnham Pacific Properties Inc receives buyout offer from Schottenstein Stores Corp for $560 million in cash; deal includes refinancing of $575 million of Burnham's debt; Jay Schottenstein has accumulated 8.2 percent stake in Burnham (S)
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