Anxious Pill Maker Puts ABC Interview of Its Chief on the Web
Date: 07 October 1999
By Bill Carter
Bill Carter
Metabolife International Inc, diet-product company, posts on Internet unedited videotaped interview between ABC News correspondent Arnold Diaz and company's chief executive, Michael Ellis, in effort to publicize its concerns that ABC would broadcast an unfair report on medical risks of its popular dietary supplement (M)
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Independent Serb Journalists Defend Their Work
Date: 06 October 1999
By Steven Erlanger
Steven Erlanger
Serbian journalists complain that recent conference intended to let Serbian, Montenegrin and Albanian journalists discuss their coverage of war in Kosovo was rife with moral arrogance, sloppiness and hypocrisy; complain that organizers of conference, sponsored by Organization for Security and Cooperation in Europe, did not study coverage adequately and made few distinctions between state and independent media or among them (M)
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Russia Raids Bank in Laundering Inquiry
Date: 06 October 1999
By Neela Banerjee
Neela Banerjee
Russian police raid politically well-connected Sobin Bank as probe into possible money laundering through Bank of New York seems to be gathering momentum; arrest crew from state-owned television network for entering site and filming against police instructions (M)
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MEDIA METRIX TO ACQUIRE ADRELEVANCE FOR $65.7 MILLION
Date: 07 October 1999
By Bloomberg News
Bloomberg News
Media Metrix Inc, which tracks popularity of World Wide Web sites, agrees to buy Adrelevance Inc for as much as $65.7 million in stock to offer clients ability to monitor on-line advertising; Media Metrix will pay $59.4 million and may issue additional Media Metrix shares valued at about $6.3 million if Adrelevance meets unspecified post-closing goals (S)
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MITCHELL ENERGY CONSIDERS A POSSIBLE SALE OR MERGER
Date: 07 October 1999
By Bloomberg News
Bloomberg News
Mitchell Energy & Development Corp hires Goldman, Sachs & Co and Chase Securities Inc to explore strategic alternatives, including sale or merger (S)
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BOOKSELLER TO BUY BABBAGE'S ETC. FOR $215 MILLION
Date: 07 October 1999
By Bloomberg News
Bloomberg News
Barnes & Noble Inc acquires Babbage's Etc LLC for $215 million in cash and assumed debt; Babbages Etc is one of largest US sellers of video games and entertainment software (S)
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INGERSOLL-RAND PUTS TWO VENTURES UP FOR SALE
Date: 06 October 1999
By Bloomberg News
Bloomberg News
Ingersoll-Rand Co will sell two ventures--one that makes pumps and another that builds compressors--as soon as possible; announcement follows news that Halliburton Co, partner in ventures, is selling stakes to Ingersoll for $1.1 billion (S)
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VS&A PLANS TO BUY GP STRATEGIES FOR $158.8 MILLION
Date: 07 October 1999
By Bloomberg News
Bloomberg News
GP Strategies Corp agrees to be acquired by VS&A Communications Partners III LP for about $158.8 million in cash (S)
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ASARCO BOARD RECOMMENDS REJECTION OF 2 TAKEOVER BIDS
Date: 06 October 1999
By Bloomberg News
Bloomberg News
Asarco Inc board unanimously recommends rejection by shareholders of takeover bids from Phelps Dodge Corp and Grupo Mexico SA; authorizes management to begin seeking best possible offer for company (S)
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INDONESIAN PETROCHEMICAL TALKS
Date: 06 October 1999
By Bloomberg News
Bloomberg News
BP Amoco says it is looking to buy into Chandra Asri, Indonesia's only producer of ethylene (S)
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