Turkey Grants an Amnesty for Imprisoned Editors
Date: 15 August 1997
By Stephen Kinzer
Stephen Kinzer
Turkish Parliament approves amnesty that could result in freeing of several editors who are among more than 70 journalists imprisoned for violating Turkey's restrictive press laws; amnesty contains provision allowing for reinstatement of sentences if editors commit another offense in next three years; it does not loosen any of Turkey's restrictions on press freedom (M)
Full Article
FLEET FINANCIAL AGREES TO BUY COLUMBIA MANAGEMENT
Date: 15 August 1997
By Bloomberg News
Bloomberg News
Fleet Financial Group agrees to buy closely held Oregon money manager Columbia Management Co for as much as $600 million in cash (S)
Full Article
PHYSICIAN SALES AND SERVICES BUYS RADIOLOGY CONCERN
Date: 14 August 1997
By Bloomberg News
Bloomberg News
Physician Sales and Services Inc acquires S&W X-Ray Inc for undisclosed amount (S)
Full Article
GENERAL DYNAMICS SAID TO HAVE HIGH UNITED DEFENSE BID
Date: 14 August 1997
By Bloomberg News
Bloomberg News
General Dynamics Corp has reportedly bid $1 billion for United Defense LP, armored-vehicle business owned by FMC Corp and Harsco Corp (S)
Full Article
SENSORMATIC POSTS $35 MILLION LOSS AND DISMISSES 1,200
Date: 15 August 1997
By Bloomberg News
Bloomberg News
Sensormatic Electronics Corp takes $34.6 million charge in its fourth quarter and says it will dismiss 19 percent of its work force, or 1,200 workers, suspend its quarterly dividend and sell some businesses (S)
Full Article
WELLS FARGO PLANS TO ELIMINATE 1,200 MORE JOBS
Date: 15 August 1997
By Bloomberg News
Bloomberg News
Wells Fargo & Co, which has eliminated 12,600 jobs since it bought First Interstate Bancorp in April 1996, plans to cut 1,200 more jobs (S)
Full Article
LUCENT EXPECTS TO TAKE $950 MILLION CHARGE
Date: 14 August 1997
By Bloomberg News
Bloomberg News
Lucent Technologies Inc expects to take fourth-quarter charge of $950 million related to purchase of Octel Communications Corp, resulting in a loss (S)
Full Article
UNION PLANTERS TO PURCHASE CAPITAL BANCORP IN MIAMI
Date: 14 August 1997
By Bloomberg News
Bloomberg News
Union Planters Corp agrees to buy Capital Bancorp for $326 million in stock (S)
Full Article
SM SUMMIT DENIES ALLEGATIONS THAT IT PIRATED SOFTWARE
Date: 14 August 1997
By Bloomberg News
Bloomberg News
Singapore-based SM Summit Holdings Ltd denies allegations by Microsoft Corp, Adobe Systems Inc and Autodesk Inc of software copyright violations; SM Summit says it has been irreparably damaged by accusations; three US companies have filed civil lawsuit against SM Summit (S)
Full Article
PIZZA HUT TO SELL ITS D'ANGELO'S SANDWICH SHOP CHAIN
Date: 14 August 1997
By Bloomberg News
Bloomberg News
Pepsico Inc's Pizza Hut unit agrees to sell its D'Angelo's Sandwich Shops chain to Papa Gino's Holdings Corp; after the sale Papa Gino's will have 378 units and more than $200 million in sales; financial terms undisclosed (S)
Full Article