When Public Business Goes Private
Date: 04 December 1996
By Bill Kovach
Bill Kovach
Bill Kovach Op-Ed article warns watch-dog journalism is facing new and little-noted challenge as for-profit and nonprofit organizations increasingly displace government agencies in runnning public programs; says as tax-supported public programs become privatized, they may move largely outside reach, or perhaps even interest, of press; says press decidated to watchdog role is discovering that it lacks tools to adequately monitor corporate managers of public weal; drawing (M)
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Army or Navy To Go to Bowl
Date: 04 December 1996
By Bloomberg News
Bloomberg News
Independence Bowl officials say they will invite winner of Army-Navy football game to play in bowl; Pres Clinton to attend bowl game (S)
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I.B.M. TO EXPAND DISK-DRIVE MANUFACTURING CAPACITY
Date: 04 December 1996
By Bloomberg News
Bloomberg News
International Business Machines Corp says it plans to spend $440 million to expand its worldwide manufacturing capacity for disk drives and other components (S)p
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BAXTER IN STOCK SWAP FOR RESEARCH MEDICAL
Date: 05 December 1996
By Bloomberg News
Bloomberg News
Baxter International Inc says it has agreed to buy Research Medical Inc in stock swap valued at $236 million (S)
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GT INTERACTIVE STOCK DIVES ON EARNINGS FORECAST
Date: 05 December 1996
By Bloomberg News
Bloomberg News
Shares of GT Interactive Software Corp plunge 37.6 percent after company warns that delays in products tied to its Nintendo 64 will result in fourth-quarter sales of $115 million to $125 million--below analysts' expectations of $150 million (S)
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BEL-TRONICS TO ACQUIRE CINCINNATI MICROWAVE
Date: 05 December 1996
By Bloomberg News
Bloomberg News
Cincinnati Microwave Inc agrees to be acquired by Bel-Tronics Ltd USA for undisclosed amount of stock (S)
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ELAN UNIT WINS F.D.A. APPROVAL OF MUSCLE-SPASMS DRUG
Date: 04 December 1996
By Bloomberg News
Bloomberg News
Elan Corp says its US subsidiary Athena Neurosciences Inc has won approval from the Food and Drug Administration for Zanaflex, the first oral treatment for muscle-spasms (S)û
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DIME BANCORP TO BUY BFS BANCORP FOR $92 MILLION
Date: 04 December 1996
By Bloomberg News
Bloomberg News
Dime Bancorp agrees to acquire New York-based BFS Bancorp Inc for $92 million (S)d
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BRE-X IS CLOSE TO SELLING GOLD STAKE TO BARRICK
Date: 05 December 1996
By Bloomberg News
Bloomberg News
Bre-X Minerals Ltd says it is close to agreement to sell 75 percent stake in its Indonesian gold property to Barrick Gold Corp; agreement would give Barrick a majority stake in Busang deposit on Borneo, which Bre-X says contains 57 million ounces of gold (S)
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VIACOM BUYS 50 PERCENT STAKE IN UPN NETWORK
Date: 05 December 1996
By Bloomberg News
Bloomberg News
Viacom Inc says it has exercised its option to buy 50 percent stake in United Paramount Network (UPN) from BHC Communications Inc for $160 million; UPN says its 152 affiliate stations reach 92 percent of United States households, which will give Viacom another outlet for its programs (S)
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