AVONDALE TO START TALKS WITH LITTON ON ITS OFFER
Date: 12 May 1999
By Bloomberg News
Bloomberg News
Avondale Industries will start talks with Litton Industries, which made last bid that topped Newport News Shipbuilding Inc's offer; Avondale says Litton's $504 million cash offer could lead to proposal that is superior to its merger agreement with Newport News (S)
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TV Notes; Arnett's New Job
Date: 12 May 1999
By Bill Carter
Bill Carter
Peter Arnett, who has left CNN, finds home for his international reporting on newly launched Web site called ForeignTV.com, which calls itself Internet broadcaster specializing in foreign news (S)
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Four Universities Announce Their Journalism Fellowships
Date: 12 May 1999
Columbia, Harvard, Stanford and Michigan Universities name recipients of journalism fellowships for 1999-2000 academic year; list (M)
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Reporter Fired for Lies About Her Illness
Date: 12 May 1999
By Alex Kuczynski
Alex Kuczynski
Owensboro, Ky, Messenger-Inquirer fires reporter Kim Stacy, who fabricated series of articles detailing her treatment for terminal brain cancer at time when she really had AIDS; she says she chose not to reveal true illness beecause of stigma associated with AIDS; paper says she was fired for deceiving readers; photo (M)
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As Divisive Timorese Vote Nears, a Critical Voice Is Silenced
Date: 13 May 1999
By Seth Mydans
Seth Mydans
Renewed violence has swept East Timor as civilian militias, backed by military, try to block moves for independence before referendum on territory's future set for Aug; thugs destroy Dili, Indonesia, office of Suara Timor Timur, only independent newspaper in former Portuguese colony (M)
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The No-Show Summit
Date: 12 May 1999
By Joseph I. Lieberman and John Mccain
Joseph Lieberman
Op-Ed article by US Sens Joseph I Lieberman and John McCain lambasts chief executives of nation's major media conglomerates and show business industry for failing to attend Pres Clinton's White House summit on youth violence; finds regrettable that neither executives nor lobbyists sent in their place had any genuine response to growing chorus of concerns about harmful influence of entertainment media's romanticized and sanitized vision of violence and about its part in toxic mix that is turning too many children into killers (M)
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DAIMLERCHRYSLER ENDS TRUCK ALLIANCE WITH NISSAN
Date: 12 May 1999
By Bloomberg News
Bloomberg News
DaimlerChrysler AG will end truck development alliance with Nissan Motor Co following Renault SA's acquisition of 37 percent stake in Nissan (S)
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MOTOROLA AGREES TO SELL A CHIP UNIT
Date: 12 May 1999
By Bloomberg News
Bloomberg News
Motorola Inc to sell Semiconductor Components Group to financier David Bonderman's Texas Pacific Group for about $1.6 billion in cash, notes and stock in new company; bid beats out competing $1.6 billion offer from TFG Acquisition Group (S)
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EXCEL LEGACY MAKES AN OFFER FOR PRICE ENTERPRISES
Date: 13 May 1999
By Bloomberg News
Bloomberg News
Excel Legacy Corp offers to buy Price Ent
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UTILICORP UNITED BUYS EMPIRE DISTRICT ELECTRIC
Date: 12 May 1999
By Bloomberg News
Bloomberg News
Utilicorp United Inc acquires Empire District Electric Co for $505 million in stock, plus $260 million in assumed debt and $33 million in cash (S)
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