BRITISH MEDIA MERGER
Date: 27 November 1999
By Andrew Ross Sorkin
Andrew Sorkin
Two British media companies, Carlton Communications and United News and Media, merge in deal valued at 4 billion pounds ($6.5 billion); merger would make combined company largest commercial television concern in Britain; analysts say merger will face tough regulatory hurdles; companies say they might sell assets to appease regulators; graph (S)
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BEASLEY BROADCAST IS PLANNING PUBLIC OFFERING
Date: 27 November 1999
By Bloomberg News
Bloomberg News
SEC filing shows Beasley Broadcast Group Inc, family-run company in Naples, Fla, seeks to raise as much as $150 million through initial public offering (S)
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WORLDWIDE SPORTS AGREES TO PURCHASE OF BOLLE
Date: 27 November 1999
By Bloomberg News
Bloomberg News
Worldwide Sports and Recreation Inc acquires Bolle Inc for $85 million in cash and debt (S)
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NBC SET TO TAKE STAKE IN THE EGREETINGS NETWORK
Date: 27 November 1999
By Bloomberg News
Bloomberg News
NBC unit of General Electric Co is taking equity stake in Egreetings Network Inc, Internet provider of gifts and free greeting cards, to promote NBC shows on free online postcards (S)
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SHARES OF ENLIGHTEN SOFTWARE HAVE SURGED THIS MONTH
Date: 27 November 1999
By Bloomberg News
Bloomberg News
Shares of Enlighten Software Solutions Inc have almost tripled since company began selling Linux-compatible product last week; shares rise $8.75, to $12.75; stock was at $3.125 on Nov 15 (S)
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AIR METHODS SET TO BUY AREA RESCUE CONSORTIUM
Date: 27 November 1999
By Bloomberg News
Bloomberg News
Air Methods Corp plans to buy nonprofit Area Rescue Consortium of Hospitals to expand into Missouri; Air Methods expects to agree on financial terms by Jan 15 and complete deal by March 1 (S)
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RED HAT STOCK CLIMBS ON GROWING DEMAND FOR LINUX
Date: 27 November 1999
By Bloomberg News
Bloomberg News
Red Hat Inc, developer of free computer operating system that competes with Microsoft Corp's Windows, surges 26 percent on enthusiasm for increasing use of its Linux software; shares rise $44.5625, to $213.505 (S)
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500 PEOPLE TO BE ADDED TO SALES WORK FORCE IN 2000
Date: 27 November 1999
By Bloomberg News
Bloomberg News
IBM Corp will add 500 people to its software sales force in 2000 to step up pressure on rivals like Oracle Corp; IBM's software sales group will reach 7,000 worldwide with new hiring (S)
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ELCOM SHARES INCREASE 88% AFTER DEAL WITH VISA
Date: 27 November 1999
By Bloomberg News
Bloomberg News
Shares of Elcom International Inc jump 88 percent after it teams with Visa International Inc to offer online-commerce software (S)
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PARK PLACE IS NEAR AN ATLANTIC CITY CASINO DEAL
Date: 27 November 1999
By Bloomberg News
Bloomberg News
Park Place Entertainment Corp, world's largest casino company, will offer to take 80 percent stake in bankrupt Sands hotel and casino in Atlantic City, NJ, through reorganization plan it will submit in partnership with Merrill Lynch Asset Management; Park Place will make $30 million investment in Sands (S)
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