News Corp. Unit Will Fuse HarperCollins to TV Guide
Date: 24 September 1997
By Doreen Carvajal
Doreen Carvajal
News Corp takes steps to revamp its publishing house HarperCollins along with its weekly magazine TV Guide, combining those properties into new hybrid called News America Publishing Group; new unit will be headed by Anthea Disney, president of HarperCollins; announcement comes on a day that corporate executives issue emphatic new denials that HarperCollins is up for sale; new unit will include News Corp's on-line publishing division, TV Guide Entertainment Network, and its political magazine, The Weekly Standard (M)
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Bulls Add Burrell
Date: 23 September 1997
By Bloomberg News
Bloomberg News
Chicago Bulls acquire guard/forward Scott Burrell from Golden State Warriors for forward Dickey Simpkins (S)
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DANA WILL DISMISS 1,100 EMPLOYEES
Date: 24 September 1997
By Bloomberg News
Bloomberg News
Dana Corp will dismiss 1,100 workers or about 41 percent of work force, at its vehicle frame factories in Reading, Pa, by June 1998 to cut costs; cutbacks reflect pressure on automotive suppliers to cut costs (S)
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INTERNATIONAL MULTIFOODS TO CLOSE POULTRY EXPORT UNIT
Date: 24 September 1997
By Bloomberg News
Bloomberg News
International Multifoods Corp will close its poultry-exporting business because unit's costs far exceed its contribution to earnings (S)
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WHITMAN TO REVAMP AND TAKE $120 MILLION CHARGE
Date: 23 September 1997
By Bloomberg News
Bloomberg News
Whitman Corp will take about $120 million in charges against second-half earnings to restructure its Hussman, Midas International and Pepsi-Cola General Bottlers unit (S)
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INVESTORS OF CHECKERS AND RALLY'S PLAN STOCK SWAP
Date: 23 September 1997
By Bloomberg News
Bloomberg News
Largest investors of Checkers Drive-In Restaurants Inc say they will swap 25 percent in Checkers for 42 percent of Rally's Hamburgers Inc (S)
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BELLSOUTH TO BUY BACK UP TO $1 BILLION IN STOCK
Date: 24 September 1997
By Bloomberg News
Bloomberg News
BellSouth Corp will buy back as much as $1 billion in stock by end of 1998 (S)
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REGIONS FINANCIAL TO BUY 2 SOUTH CAROLINA BANKS
Date: 24 September 1997
By Bloomberg News
Bloomberg News
Regions Financial Corp agrees to pay $223.5 million in stock to buy two South Carolina banks: Palfed Inc and First United Bancorp; Regions Financial will pay $144.5 million for Palfed and $79 million for First United Bancorp (S)
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ING Unit Is Audited On Trading Backlog
Date: 23 September 1997
By Bloomberg News
Bloomberg News
ING Groep NV says New York office of its ING Barings investment banking unit is being audited by US authorities for amassing backlog of unsettled stock trades caused by surge in emerging-market trading (S)
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Skandia to Sell Its Reinsurance Unit
Date: 23 September 1997
By Bloomberg News
Bloomberg News
Hannover Re, world's fifth-largest reinsurer, will buy main part of Skandia Insurance AB's international reinsurance business for about $138 million (S)
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