CBS and Molinari Going Separate Ways
Date: 24 June 1998
By Lawrie Mifflin
Lawrie Mifflin
Former Rep Susan Molinari and CBS News pres Andrew Heyward announce that she will leave CBS, nine months after she began as co-anchor of CBS News Saturday Morning; Molinari says she has accepted visiting fellowship at Harvard Universitiy's Kennedy School of Government (M)
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Pssst, Says Prosecutor to Reporter; I'm All Ears, Is the Reply
Date: 24 June 1998
By William Glaberson
William Glaberson
Debate over data independent counsel Kenneth W Starr gave reporters about his probe of Pres Clinton has put uncomfortable spotlight on ties between journalists and their prosecution sources; reporters and former prosecutors interviewed say leak process is more subtle and messy than it seems; say journalists often piece together fragments of data, bluff that they know more than they do and appeal to ego and altruism of prosecutors; reporters say defense lawyers often provide leaks that seem damaging to clients; photo (M)
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China Cancels 3 Visas Issued To Radio Free Asia Reporters
Date: 24 June 1998
By Philip Shenon
Philip Shenon
China cancels visas for three Radio Free Asia journalists who planned to cover Pres Clinton's visit; Clinton scores move; Radio Free Asia scores Clinton's failure to challenge move by letting journalists board jet chartered by White House for news organizations covering trip (S)
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MANAGERS OF INDIANA TRUCKING COMPANY TO LEAD BUYOUT
Date: 24 June 1998
By Bloomberg News
Bloomberg News
Celadon Group Inc agrees to management-led buyout for cash, stock and assumed debt; Odyssey Investment Partners LLC, new $680 million investment fund, will pay Celadon shareholders $20 a share in cash; it will join with Celadon managers in buying trucking company and taking it private; cash portion of transaction totals $154 million (S)
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SALOMON BUYS MORGAN'S AUSTRALIAN INVESTMENT UNIT
Date: 24 June 1998
By Bloomberg News
Bloomberg News
Salomon Smith Barney Inc acquires J P Morgan Investment Management Australia Ltd for undisclosed amount (S)
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TECHNE TO ACQUIRE RESEARCH-PRODUCTS UNIT OF GENZYME
Date: 24 June 1998
By Bloomberg News
Bloomberg News
Techne Corp will buy Genzyme Corp's research-products unit for about $65.5 million in cash, stock and royalties (S)
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MOLSON BUYS OUT PARTNER IN CANADIAN VENTURE
Date: 24 June 1998
By Bloomberg News
Bloomberg News
Molson Companies buys 50 percent stake owned by Australian partner, Foster's Brewing Group Ltd, in Molson Breweries, beer makers' joint venture, for $1 billion (Canadian), or $680 million (US), giving it sole ownership of Canada's biggest brewer; Molson says it will buy Foster's 24.95 percent interest in Coors Canada partnership (S)
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J. F. LEHMAN TO BUY SPECIAL DEVICES FOR $296 MILLION
Date: 23 June 1998
By Bloomberg News
Bloomberg News
Special Devices Inc agrees to be acquired by unit of J F Lehman & Co for about $296 million (S)
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BUS DEALS TO MAKE COACH USA THE LARGEST IN ITS FIELD
Date: 23 June 1998
By Bloomberg News
Bloomberg News
Coach USA Inc to buy 10 bus and ground-transportation companies with total annual revenue of about $125 million; terms undisclosed; acquisitions include Gray Line New York, Shortline, Airport Connection, Tippett Travel, Valen Transportation and Mini Coach of Boston Inc (S)
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New Agency Monitors Japan's Finance Industry
Date: 23 June 1998
By Bloomberg News
Bloomberg News
Japan's new financial watchdog agency, Long Term Credit Bank of Japan Ltd, starts operations, taking over supervision of nation's banks, brokerage firms and insurance companies; head of agency, Masaharu Hino, holds his first news conference and says agency is having no difficulty with its operations (S)
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