Undercover Tactics By TV Magazines Fall Under Attack
Date: 23 December 1996
By Barry Meier and Bill Carter
Barry Meier
Newsgathering tactics of television news magazines are coming under new form of legal attack, as targets find increasing success with argument that use of hidden cameras and other undercover techniques trample on their rights; network aides see jury verdicts against such tactics reflecting growing public skepticism about television (M)
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Vatican Newspaper of Record Best Read for What It Doesn't Record
Date: 23 December 1996
By Celestine Bohlen
Celestine Bohlen
L'Osservatore Romano, Vatican's semiofficial newspaper, sees itself as Vatican' window on the world, a way to disseminate not only the Pope's official statements and documents but also unofficial church views on range of issues; what it does not print are controversial pronouncments by church, or news of objectionable behavior by clergy; it is often compared to Pravda, Kremlin mouthpiece of old, in that it is best read for news it does not print, or buries on back page; photos (M)
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NORTHERN TELECOM PAYING $45 MILLION FOR TELRAD STAKE
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Northern Telecom Ltd to pay $45 million for 20 percent stake in Telrad, unit of Israel's Koor Industries (S)
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OM GROUP ACQUIRING U.S. INDUSTRIES' SCM SUBSIDIARY
Date: 24 December 1996
By Bloomberg News
Bloomberg News
OM Group to acquire SCM Metal Products Inc, Research Triangle Park, NC, unit of US Industries, for $122 milllion in cash (S)
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PLACER DOME OFFERS DEAL TO CANCEL STAKE IN HIGHLANDS
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Canada's Placer Dome Inc offers to cancel its stake in takeover target Highlands Gold Ltd, Australia, in return for Highlands' 25 percent stake in Porgera gold mine in Papua New Guinea plus cash settlement; offer follows rejection by Highlands board of Placer Dome's takeover bid of 75 Australian cents a share (336 million US) (S)
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ARTHUR ANDERSEN CHIEF SAYS FIRM WILL NOT SPLIT IN TWO
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Lawrence A Weinbach, chief executive of Arthur Andersen & Co, again says firm will not split into separate accounting and consulting businesses (S)
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NATIONWIDE FILES TO SELL SHARES IN LIFE INSURANCE UNIT
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Nationwide Corp files to sell to public as much as 20 percent of its life insurance unit; according to registration statement, sale would raise as much as $500 million (S)
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Tokyo Stocks Off Sharply
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Stocks prices declined on Tokyo Stock Exchange on December 24; Nikkei average lost 528.75 points, to close at 19,161.71 (S)
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S.E.C. Filing by Bottler
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Coca-Cola Enterprises Inc files with Securities and Exchange Commission to sell as much as $2.5 billion in securities (S)
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British Utility Bid Wins Approval
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Calenergy Inc says British regulators rejected Northern Electric PLC's last-ditch effort to block hostile $1.54 billion takeover bid by Calenergy and Peter Kiewit Sons' Inc (S)
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