WACHOVIA WILL BUY REPUBLIC SECURITY FOR $344 MILLION
Date: 31 October 2000
By Bloomberg News
Bloomberg News
Wachovia Corp will buy Republic Security Financial Corp for about $344 million in cash (S)
Reluare marți, 31 octombrie 2000
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31st of October 2000 News
Știri așa cum au apărut pe prima pagină a New York Times la 31 octombrie 2000
PERFORMANCE FOOD MAKES DEAL TO PURCHASE REDI-CUT
Date: 01 November 2000
By Bloomberg News
Bloomberg News
Performance Food Group buys Redi-Cut Foods for $133 million in cash, stock and assumed debt (S)
FMC TO SPLIT IN TWO AND SPIN OFF PART OF UNIT
Date: 01 November 2000
By Bloomberg News
Bloomberg News
FMC Corp, maker of machinery and chemicals, will split into two companies and will spin off 20 percent of its machinery business through public offering in second quarter of 2001 (S)
VIACOM ADJUSTS OFFER FOR INFINITY BROADCASTING
Date: 01 November 2000
By Bloomberg News
Bloomberg News
Viacom will issue more Class B stock and will increase number of those shares that it will exchange for 36 percent stake of Infinity Broadcasting Co in order to compensate for slide of 20 percent in value of its stock since August; new offer values acquisition at $12.5 billion, $3 billion more than old offer's current value but below $14.9 billion deal was worth based on stock prices of Aug 15, when deal was announced (S)
STONE ENERGY TO BUY BASIN EXPLORATION FOR $458 MILLION
Date: 31 October 2000
By Bloomberg News
Bloomberg News
Stone Energy Co, independent oil and gas company, acquires Basin Exploration in stock swap valued at $380 million and assumption of $48 million of Basin's debt (S)
PEP BOYS CLOSES 38 STORES AND 2 DISTRIBUTION CENTERS
Date: 31 October 2000
By Bloomberg News
Bloomberg News
Pep Boys--Manny, Moe & Jack, major retailer of auto parts and service, closes 38 unprofitable stores, about 6 percent of its total, and 2 distribution centers as part of restructuring plan to cut costs; about 1,500 jobs are eliminated (S)
OFFICEMAX WILL CLOSE OR RELOCATE AS MANY AS 50 STORES
Date: 01 November 2000
By Bloomberg News
Bloomberg News
OfficeMax plans to close or move as many as 50 stores and will cut back its expansion plans in 2001; about 2,000 workers will be offered transfers; company also offers to pay $5.1 million to settle contract dispute with unit of Ryder System (S)
COMPANY TO SPLIT REGULATED FROM UNREGULATED UTILITIES
Date: 31 October 2000
By Bloomberg News
Bloomberg News
American Electric Power Co, owner of 11 utilities in 11 states and Europe, will split its regulated utilities from its less-regulated businesses, creating two wholly owned companies; rules out merging Seeboard, natural gas and power distributor it owns in England, with Yorkshire Electricity, British utility it partly owns (S)
GREIF AGREES TO ACQUIRE A FINNISH PACKAGING BUSINESS
Date: 31 October 2000
By Bloomberg News
Bloomberg News
Greif Brothers Corp acquires industrial packaging business of Finland's Huhtamaeki Van Leer Oyj for $620 million in cash and assumed debt (S)
BELL & HOWELL WILL SELL IMAGING UNIT TO EASTMAN KODAK
Date: 31 October 2000
By Bridge News
Bridge News
Bell & Howell will sell its imaging unit to Eastman Kodak Co for about $150 million in cash (S)
BCE MAKES BID FOR TOP CANADIAN LONG-DISTANCE COMPANY
Date: 31 October 2000
By Bloomberg News
Bloomberg News
BCE Inc, largest telecommunications company in Canada, will pay 35.71 Canadian dollars a share in cash and stock for Teleglobe Inc, top long-distance company (S)
WINN-DIXIE TO PURCHASE 106 STORES FROM JITNEY-JUNGLE
Date: 31 October 2000
By Bloomberg News
Bloomberg News
Winn-Dixie Stores acquires 106 stores from bankrupt Jitney-Jungle Stores of America for about $85 million (S)