Metro Business; Black Monthly Is Begun
Date: 29 October 1997
By Lisa W. Foderaro
Lisa Foderaro
One year after The City Sun ceased publication, former editor of black weekly newspaper Milton G Allimardi has started monthly publication, called The Black Star News, aimed largely at African-American readers in New York City (S)
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Panel on Aviation Disasters Calls for Emergency Data
Date: 29 October 1997
By Matthew L. Wald
Matthew Wald
Study on how to assist families of airplane crash victims, carried out by group created under Aviation Disaster Family Assistance Act, will recommend that airlines and travel agents be required to ask people who buy tickets for name and telephone number of someone to call in emergency; will recommend extending 30-day period after crash during which it is illegal for airline insurance companies and lawyers looking for clients to speak with bereaved families; will also recommend that news media at crash scenes be restricted to prevent reporters from approaching family members (M)
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REPUBLIC TO BUY DENVER AREA AUTO DEALERSHIPS
Date: 29 October 1997
By Bloomberg News
Bloomberg News
Republic Industries agrees to buy auto dealerships owned by Denver Broncos quarterback John Elway for stock valued at $82.5 million; Elway owns six Denver-area dealerships that generated $280 million in revenue last year (S)
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CAMERON ASHLEY WON'T PROCEED WITH BRADCO PURCHASE
Date: 29 October 1997
By Bloomberg News
Bloomberg News
Cameron Ashley Building Products Inc will not proceed with its proposed $140 million purchase of closely held Bradco Supply Corp (S)
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PRI AUTOMATION TO PAY $172 MILLION FOR EQUIPE
Date: 28 October 1997
By Bloomberg News
Bloomberg News
PRI Automation Inc says it will acquire Equipe Technologies Inc for $172 million plus additional $10.3 billion to cover options held by Equipe employees (S)
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PEOPLES HERITAGE TO ACQUIRE CFX IN STOCK DEAL
Date: 28 October 1997
By Bloomberg News
Bloomberg News
Peoples Heritage Financial Group Inc to buy CFX Corp for $703 million in stock, creating New England's fourth-largest bank (S)
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DYLEX ABANDONS $71 MILLION TAKEOVER BID FOR MARK'S
Date: 29 October 1997
By Bloomberg News
Bloomberg News
Dylex Ltd drops its $71 million takeover bid for Mark's Work Warehouse Ltd because it was not given full access to company's financial data (S)
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JACOR BUYING 17 RADIO STATIONS FOR $620 MILLION
Date: 28 October 1997
By Bloomberg News
Bloomberg News
Jacor Communications Inc, nation's third-largest radio broadcaster, says it will buy 17 radio stations owned by Nationwide Mutual Insurance Co for $620 million, expanding into new markets including Dallas, Houston and Minneapolis (S)
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PANTRY BUYS LIL' CHAMP FOOD STORES FOR $133 MILLION
Date: 28 October 1997
By Bloomberg News
Bloomberg News
Pantry Inc says it bought Lil' Champ Food Stores Inc for $133 million in cash and assumption of $10 million of debt, making it the third-largest convenience-store chain not owned by a gasoline company (S)
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State Street Acquires Stake
Date: 28 October 1997
By Bloomberg News
Bloomberg News
State Street Corp says it acquired majority interest in Advanced Investments Technology; terms not disclosed (S)
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