N.C.A.A. Seeks an End to Gambling Ads
Date: 15 January 1997
By Iver Peterson
Iver Peterson
National Collegiate Athletic Association, in letter to USA Today and other newspapers, threatens to deny press access to college basketball championships in March unless newspapers agree to drop gambling advertisements that mention college sports (M)
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LESLIE FAY DELAYS HEARING ON PLAN TO EXIT BANKRUPTCY
Date: 15 January 1997
By Bloomberg News
Bloomberg News
Leslie Fay Companies postpones until February 13 hearing on plan to exit bankruptcy; has not completed financing and other details of reorganization (S)
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BOSTON SCIENTIFIC TO CLOSE BELGIAN PLANT, CUT 225 JOBS
Date: 15 January 1997
By Bloomberg News
Bloomberg News
Boston Scientific Corp will close Belgian heart-catheter plant and dismiss 225 workers as part of reorganization (S)
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BIBB PLANS BIG LAYOFFS AND A SALE OF STOCK TO PUBLIC
Date: 14 January 1997
By Bloomberg News
Bloomberg News
Bibb Co, Macon, Ga, to dismiss 580 textile mill workers, about 11 percent of its work force, by the end of March as it slashes production of home furnishings; Bibb, which emerged from Chapter 11 in October, also says it plans to sell stock to public by end of first quarter (S)
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ZURICH INSURANCE TO ACQUIRE REMAINDER OF U.S. UNIT
Date: 14 January 1997
By Bloomberg News
Bloomberg News
Zurich Insurance Co of Switzerland to buy 34 percent it does not already own of Zurich Reinsurance Center Holdings Inc for $323 million (S)
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TELEPORT IN STOCK SWAP FOR INTERNET SERVICE PROVIDER
Date: 14 January 1997
By Bloomberg News
Bloomberg News
Teleport Communications Group to buy Internet company Cerfnet Services Inc from General Atomics for $68.3 million in stock (S)
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BLUE CROSS PLANS AGREE TO JOINT OPERATION
Date: 15 January 1997
By Bloomberg News
Bloomberg News
Blue Cross and Blue Shield plans for Maryland and Washington, DC, will form joint holding company with more than $3 billion annually in health insurance revenue and more than two million customers (S)
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NEW VENTURE TO CHALLENGE PHONE COMPANIES
Date: 15 January 1997
By Bloomberg News
Bloomberg News
Central and South West Corp forms joint venture with ICG Communications Inc and BellSouth Corp, enabling it to be one of first electric utilities to challenge Baby Bells for telephone customers (S)
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SANTA FE PACIFIC TO MEET WITH NEWMONT ON OFFER
Date: 14 January 1997
By Bloomberg News
Bloomberg News
Santa Fe Pacific Gold Corp to meet with Newmont Mining Corp to discuss Newmont's sweetened takeover offer; also says no decision has been made about whether to end December agreement to be acquired by Homestake Mining Co (S)
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Banco Popular of Spain Says Profit Rose 6.1%
Date: 15 January 1997
By Bloomberg News
Bloomberg News
Banco Popular SA reports 1996 net rose 6.1 percent, to $459 million (US) (S)
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