MICHAEL FOODS EXPLORING STRATEGIC OPTIONS
Date: 10 August 1999
By Bloomberg News
Bloomberg News
Michael Foods Inc, one of largest US egg producers, hires investment bankers United States Bancorp, Piper Jaffray and Merrill Lynch & Co to help it explore stategic options, including outright sale (S)
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COMCAST TO DOUBLE STAKE IN JONES INTERCABLE
Date: 10 August 1999
By Bloomberg News
Bloomberg News
Comcast Corp, number 3 US cable-television company, will double its stake in Jones Intercable Inc for about $840 million in stock, taking advantage of recent decline in Jones's shares; Comcast bought 39 percent of Jones in April (S)
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BLOCKBUSTER RAISES $465 MILLION IN AN INITIAL OFFERING
Date: 11 August 1999
By Bloomberg News
Bloomberg News
Blockbuster Inc raises $465 million in initial public offering; sells 31 million shares to public at $15 each; offering represents 18 percent stake and values Blockbuster at $2.63 billion; Viacom Inc, which retains about 82 percent of Blockbuster shares, plans to spin off remainder of shares to its own shareholders (S)
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SLUMPING SALES CAUSE OAKWOOD HOMES TO CLOSE PLANTS
Date: 11 August 1999
By Bloomberg News
Bloomberg News
Oakwood Homes Corp says it reduced its work force by 695 workers this summer and closed some plants (S)
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H & R BLOCK ACQUIRES A FRANCHISE THAT OWNS 90 OFFICES
Date: 11 August 1999
By Bloomberg News
Bloomberg News
H&R Block Inc, nation's largest tax preparer, buys one of its largest franchises, adding 90 offices in North and South Carolina to number of sites it owns; terms undisclosed (S)
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SIMON PROPERTY MAY RAISE ITS STAKES IN MALL OF AMERICA
Date: 11 August 1999
By Bloomberg News
Bloomberg News
Simon Property Group is in talks to raise its stake in Mall of America in Bloomington, Minn, in transaction valued at as much as $425 million; Simon Property will buy half of 50 percent stake in mall held by Teachers Insurance and Annuity Association-College Retirement Equity Fund; TIAA-CREF's half-stake gives it 100 percent of mall (S)
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24/7 MEDIA BUYS E-MAIL MARKETER TO EXPAND DATA BASE
Date: 11 August 1999
By Bloomberg News
Bloomberg News
24/7 Media Inc, Internet advertising company, acquires electronic-mail marketer Consumernet for $52 million (S)
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BRAZIL'S INFLATION RISES
Date: 11 August 1999
By Bloomberg News
Bloomberg News
Brazil's inflation rate rose 1.09 percent in July, fastest rate since March (S)
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Top Prospect Selects Pirates
Date: 10 August 1999
By Bloomberg News
Bloomberg News
Eddie Griffin, rated by some as top high school basketball prospect in nation, to attend Seton Hall (S)
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Minor League Goalie Agrees to Terms
Date: 10 August 1999
By Bloomberg News
Bloomberg News
New York Rangers agree to terms with minor league goaltender, Jean-Francois Labbe (S)
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