News Corporation Said to Pursue Pointcast
Date: 19 March 1997
By Seth Schiesel
Seth Schiesel
Rupert Murdoch's News Corporation, still groping for on-line strategy, is negotiating to buy Pointcast Inc, Internet information distributor, but two sides reportedly remain far apart on price; has reportedly offered Pointcast approximately $400 million, but executives of Pointcast are reportedly demanding far more (M)
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News Corporation Buying Heritage Media of Dallas
Date: 18 March 1997
By Geraldine Fabrikant
Geraldine Fabrikant
Rupert Murdoch's News Corp plans to acquire Heritage Media Corp in tax-free stock deal valued at $754 million; will sell Heritage's six network-affiliated television stations and 24 radio stations (M)
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Who's Lite Now: TV's Hard Charges on Soft News
Date: 18 March 1997
By Walter Goodman
Walter Goodman
Walter Goodman's Critic's Notebook column on ABC News chairman Roone Arledge's comment last week that NBC Nightly News is using soft stories to entice audiences, NBC News president Andrew Lack's statement that ABC runs even softer features and statement by CBS News anchor Dan Rather calling his competitors 'news lite'; assesses symptoms of softness on NBC Nightly News and ABC's World News Tonight (M)
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CHRONICLE
Date: 18 March 1997
By Tony Marcano
Tony Marcano
Sec Donna E Shalala, Democratic speaker at annual Gridiron show staged by Washington press corp, introduces conservative columnist Robert Novak, who appears in dress, as her clone (S)
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Taking the Heat
Date: 19 March 1997
By Robert M. Gates
Robert
Former CIA Dir Robert M Gates Op-Ed article contends that Anthony Lake, who withdrew as Pres Clinton's nominee for Director of Central Intelligence, is most recent person to endure confirmation procedure that can be unpredictable, frustrating, insulting and sometimes destructive; maintains that there is no reason to make changes in confirmation process; asserts that those who aspire to most senior Government positions must be prepared for most thorough examination by Senate and press; holds that those who would help guide most powerful nation in history also must show that they have inner strength, confidence and character to carry out such responsibilities--to take heat and stay in kitchen; drawing (M)
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Holder Expected to Buy Rest of Belgian Utility
Date: 18 March 1997
By Bloomberg News
Bloomberg News
Powerfin SA delays earnings report and sets joint news conference with Tractebel SA, which holds 63 percent of Powerfin; move spurs speculation that Tractebel plans bid for remaining Powerfin shares (S)
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CB COMMERCIAL AGREES TO BUY KOLL REAL ESTATE SERVICES
Date: 19 March 1997
By Bloomberg News
Bloomberg News
CB Commercial Real Estate Services Group agrees to acquire Koll Real Estate Services for $145 million in stock (S)
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Calpers Suspends Ties to Nomura
Date: 18 March 1997
By Bloomberg News
Bloomberg News
California Public Employees' Retirement System to suspend all trading with Nomura Securities Co because of scandal at firm; says it will study way it manages stock portfolio and start actively managing more of its domestic holdings itself (S)
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NORTHWEST IN TENTATIVE DEAL FOR AIRBUS JETS
Date: 19 March 1997
By Bloomberg News
Bloomberg News
Northwest Airlines Corp reportedly agrees, tentatively, to buy 40 long-range A330-200 jets valued at $4.4 billion from Airbus Industrie (S)
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CAIRN ENERGY SAYS IT MAY PUT ITSELF ON THE BLOCK
Date: 18 March 1997
By Bloomberg News
Bloomberg News
Cairn Energy USA Inc hires Donaldson, Lufkin & Jenrette Inc to aid in possible sale of firm (S)
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