An ABC Executive Returns to the Evening News
Date: 28 March 1997
By LAWRIE MIFFLIN
Lawrie MIFFLIN
Paul Friedman, who had been in line to succeed Roone Arledge as head of ABC-TV's news division, agrees to step back into his former position as executive producer of World News Tonight, the evening newscast; Kathryn Christensen, executive producer of the evening news, will become its managing editor, responsible for long-term planning and story development (M)
Full Article
VACATION BREAK TO BUY RESORTS FOR $122.8 MILLION
Date: 28 March 1997
Vacation Break USA Inc scales back its purchase of rival time-share resort developer, Berkley Group, to buy just the company's resorts for $122.8 million in stock and cash; Vacation Breaks says it will soon settle a complaint by attorneys general in five states who said company violated consumer protection laws (S)
Full Article
GATEWAY 2000 TO ADD AMIGA TECHNOLOGIES
Date: 29 March 1997
Gateway 2000 Inc agrees to buh Amiga Technologiesm, whose Amiga computer was a PC multimedia pioneer decade ago (S)
Full Article
U.A.W. WORKERS AT INDIANA G.M. PLANT RATIFY PACT
Date: 29 March 1997
General Motors Corp says that United Auto Workers had ratified agreement that ends 13-day strike at company's pickup truck plant in Fort Wayne, Indiana; under agreement, GM will hire 276 workers; new workers, though full time, will be used mainly to fill in for people who are on vacation, in training or otherwise temporarily absent (S)
Full Article
ARIZONA SHOPPING CENTER PROJECT INCREASED
Date: 29 March 1997
Developers Diversified Realty Corp says that it had acquired additional 299,751-square-foot portion of Arizona shopping center project from Vestar Development Co for $38.8 million (S)
Full Article
NPC INTERNATIONAL ACQUIRES 126 RESTAURANTS
Date: 29 March 1997
NPC International Inc says that it acquired 126 restaurants from Pizza Hut Inc for $56 million (S)
Full Article
COCA-COLA EXPECTS RISE IN WORLDWIDE SALES
Date: 28 March 1997
Coca-Cola Co says it expects worldwide case sales to rise from 7 percent to 8 percent in first quarter compared with corresponding period a year ago; also expects worldwide gallon sales to rise from 5 percent to 6 percent in three months ending on March 31 (S)
Full Article
AT&T TO LAY OFF 800 MANAGERIAL EMPLOYEES
Date: 28 March 1997
AT&T will lay off 800 managerial employees in a division that designs long-distance programs for business customers; layoffs will occur this summer; majority of layoffs will be in New Jersey, where division has its headquarters in Bernards Township (S)
Full Article
LASALLE RE HOLDINGS TO REPURCHASE SHARES
Date: 29 March 1997
LaSalle Re Holdings Ltd say it will buy back 3.7 million of its common shares for $27 to $30 a share, or a total of about $100 million (S)
Full Article
INTEL TO INCREASE COMMON STOCK REPURCHASES
Date: 28 March 1997
Intel Corp will increase its common stock repurchase by up to 30 million shares, bringing its current buyback plan to 140 million shares (S)
Full Article