Journal; Bob Hope Lives
Date: 10 June 1998
By Frank Rich
Frank Rich
Frank Rich Op-Ed column, citing erroneous reports of Bob Hope's death, holds Internet commentator Matt Drudge is correct that Internet is shaking up coverage and dissemination of news; blames members of Congress for eulogizing Hope based on obviously incomplete advanced obituary accidentally posted on Associated Press web site (M)
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Cohen Orders Inquiry Into U.S. Nerve Gas Charges
Date: 09 June 1998
By James Risen
James Risen
Defense Sec William S Cohen orders probe into charges United States Special Forces used nerve gas sarin against Laotian village believe to harbor American defectors during Vietnam War; stresses Defense Department has no evidence to substantiate charges, raised by Cable News Network and Time magazine (M)
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SYMBOL WITHDRAWS ITS SWEETENED OFFER FOR TELXON
Date: 09 June 1998
By Bloomberg News
Bloomberg News
Symbol Technologies Inc withdraws its sweetened bid to buy Telxon Corp after Telxon rejects offer as too low (S)
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DLJ MERCHANT BANKING PARTNERS RAISES BID FOR INSILCO
Date: 10 June 1998
By Bloomberg News
Bloomberg News
Donaldson, Lufkin & Jenrette Inc's merchant banking unit raises its bid for Insilco Corp to $455 million from $437 million (S)
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ENVIRODYNE AGREES TO SELL PLASTICS UNIT TO SOLO CUP
Date: 09 June 1998
By Bloomberg News
Bloomberg News
Envirodyne Industries to sell its Clear Shield National unit to Solo Cup Co for $140 million in cash as it seeks to reduce debt (S)
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BANKAMERICA PLACES ITS MUTUAL FUNDS UNIT ON SALE
Date: 10 June 1998
By Bloomberg News
Bloomberg News
BankAmerica Corp puts its Robertson Stephens Investment Management mutual funds unit up for sale as parent company prepares to merge with Nationsbank Corp (S)
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DAIMLER-BENZ AND CHRYSLER REVISE RATIO FOR STOCK SWAP
Date: 09 June 1998
By Bloomberg News
Bloomberg News
Daimler-Benz AG and Chrysler Corp revise ratio for their $39 billion stock swap to account for additional shares to be issued by both companies before merger is completed (S)
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STAR TELECOMMUNICATIONS TO BUY PT-1 FOR $591 MILLION
Date: 10 June 1998
By Bloomberg News
Bloomberg News
Star Telecommunications Inc, long-distance telephone company, to acquire PT-1 Communications, a New York-based prepaid calling card company, for about $591 million in stock (S)
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Swiss-Japanese Alliance Said to Be on Track
Date: 10 June 1998
By Bloomberg News
Bloomberg News
Long-Term Credit Bank of Japan Ltd and Swiss Bank Corp, which is merging with Union Bank of Switzerland to form world's second-largest bank, dismiss speculation that their alliance in Japan, LTCB Warburg Securities Ltd, is in trouble; brokerage firm, which began operations last week, got off to rough start when it was not able to conduct Japanese Government bond trading for its first three days of business (S)
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Tyco Buying Valve Maker
Date: 09 June 1998
By Bloomberg News
Bloomberg News
Tyco International Ltd to acquire Crosby Valve, a unit of FMC Corp, for undisclosed terms (S)
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