Media Overlooked Zoeller's News
Date: 25 April 1997
By Richard Sandomir
Richard Sandomir
Richard Sandomir, in TV Sports column, notes that Fuzzy Zoeller made his racial comments about Tigers Woods on final day of Masters golf tournament, but they were not broadcast until week later on CNN's Sunday golf show, Pro Golf Weekly (M)
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CORRECTIONS CORPORATION TO SELL 9 PRISONS
Date: 25 April 1997
Corrections Corp of America agrees to sell nine of its correctional and detention centers to CCA Prison Realty Trust for $308 million; Corrections Corp manages prisons and detention centers for governmental agencies (S)
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FILENET TO TAKE $6 MILLION CHARGE TO CLOSE OFFICE
Date: 25 April 1997
Filenet Corp will take $6 million pretax charge in second quarter to dismiss 10 percent of its workers and close its office in Burlington, Mass; about 150 people will lose their jobs (S)
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CADMUS TO CLOSE PLANTS AND DISMISS 225 WORKERS
Date: 25 April 1997
Kenneth Cole Productions Inc will enter licensing agreement with Dickson Licensing Ltd of Hong Kong for Kenneth Cole New York and Kenneth Cole Reaction trademarks; financial terms undisclosed; Dickson plans to develop network of Kenneth Cole retail stores in Hong Kong, Singapore, Taiwan, China, Indonesia and Malaysia; stores are to open by end of 1999 (S)
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WESTERN WIRELESS IN A $202 MILLION CELLULAR DEAL
Date: 26 April 1997
Western Wireless Corp will acquire Triad Cellular Corp for $202.6 million (S)
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COMSAT FILES LAWSUIT AGAINST FORMER CHIEF EXECUTIVE
Date: 25 April 1997
Comsat Corp sues Bruce Crockett, former chief executive, contending he leaked inside information to shareholders who have threatened to take over company; lawsuit, which seeks $20 million in damages, comes two weeks after Providence Capital Inc and Wyser-Pratte Inc said they would wage proxy fight to replace Comsat's directors because stock has fallen 27 percent the past year (S)
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XEROX TO BUY REMAINING STAKE IN DELPHAX SYSTEMS
Date: 26 April 1997
Xerox Corp agrees to buy rest of Delphax Systems to gain access to its high-speed electronic printing technology (S)
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UNISYS SHAREHOLDERS REJECT PLAN TO SPLIT OFF A UNIT
Date: 25 April 1997
Unisys Corp says shareholders rejected proposal to sell or split off company's computer hardware unit (S)
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COLUMBIA/HCA BUYS STAKE IN A HOSPITAL IN BARCELONA
Date: 26 April 1997
*Columbia/HCA Healthcare Corp buys 54 percent in Instituto Dexeus, 110-bed hospital in Barcelona, Spain (S)
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