4 Newspapers in Western U.S. to Be Sold
Date: 01 January 1998
By Bloomberg News
Bloomberg News
Tele-Communications Inc says its Kearns-Tribune Corp will sell four newspapers to TPC Holdings Inc for undisclosed price as company focuses on its cable television business; four newspapers are Lewiston Morning Tribune and Moscow-Pullman Daily News in Idaho, Whitman County Gazette, Colfax, Wash, and Daily Sparks Tribune in Nevada (S)
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AMERICAN MOBILE IS BUYING ARDIS FOR $100 MILLION
Date: 01 January 1998
By Bloomberg News
Bloomberg News
American Mobile Satellite Corp to buy Motorola Inc's Ardis data-messaging business for $100 million in stock and cash; Ardis network covers more than 425 cities in US, Puerto Rico and Virgin Islands (S)
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PLATINUM TECHNOLOGY SHARES RISE ON INTEL INVESTMENT
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Shares of Platinum Technology Inc rise after software company says Intel Corp invested in it, forming alliance to help develop products to manage computer systems; Platinum shares rise $4.17, to $28.17 (S)
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CITIZENS FINANCIAL TO BUY SUBURBFED FOR $55 MILLION
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Citizens Financial Services agrees to buy Suburbfed Financial Corp for about $55 million (S)
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NUEVO ENERGY TO SELL GAS PIPELINE AND STORAGE ASSETS
Date: 01 January 1998
By Bloomberg News
Bloomberg News
Nuevo Energy Co to sell rest of its natural gas-gathering pipeline and storage assets and take fourth-quarter pretax charge of about $26 million related to the sale (S)
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GPU NEGOTIATING TO SELL THREE MILE ISLAND PLANT
Date: 31 December 1997
By Bloomberg News
Bloomberg News
GPU Inc is negotiating with potential buyer of its Three Mile Island and Oyster Creek nuclear power plants; company will not identify suitor because negotiations are still in early stages (S)
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REPUBLIC PLANS A CHARGE OF $100 MILLION TO $150 MILLION
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Republic Industries plans to take pretax charge of $100 million to $150 million in fourth quarter to cover costs of merging its Autonation used-car chain with its new-car dealerships (S)
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ALCOA CANCELS PLAN TO BUY REYNOLDS METALS MILL
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Aluminum Co of America ends plans to buy Alabama aluminum rolling mill from Reynolds Metals Co for $250 million after Justice Department sued to block sale on antitrust concerns (S)
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Staples Sets a Stock Split
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Staples Inc's board declares 3-for-2 stock split on or about Jan 30 (S)
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Israeli Annual Growth Was Slowest in the 90's
Date: 01 January 1998
By Bloomberg News
Bloomberg News
Central Bureau of Statistics reports Israel's economy grew estimated 2.1 percent in 1997, slowest annual rate this decade; also says it shows no signs of picking up in 1998 (S)
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