CBS and Molinari Going Separate Ways
Date: 24 June 1998
By Lawrie Mifflin
Lawrie Mifflin
Former Rep Susan Molinari and CBS News pres Andrew Heyward announce that she will leave CBS, nine months after she began as co-anchor of CBS News Saturday Morning; Molinari says she has accepted visiting fellowship at Harvard Universitiy's Kennedy School of Government (M)
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Pssst, Says Prosecutor to Reporter; I'm All Ears, Is the Reply
Date: 24 June 1998
By William Glaberson
William Glaberson
Debate over data independent counsel Kenneth W Starr gave reporters about his probe of Pres Clinton has put uncomfortable spotlight on ties between journalists and their prosecution sources; reporters and former prosecutors interviewed say leak process is more subtle and messy than it seems; say journalists often piece together fragments of data, bluff that they know more than they do and appeal to ego and altruism of prosecutors; reporters say defense lawyers often provide leaks that seem damaging to clients; photo (M)
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China Cancels 3 Visas Issued To Radio Free Asia Reporters
Date: 24 June 1998
By Philip Shenon
Philip Shenon
China cancels visas for three Radio Free Asia journalists who planned to cover Pres Clinton's visit; Clinton scores move; Radio Free Asia scores Clinton's failure to challenge move by letting journalists board jet chartered by White House for news organizations covering trip (S)
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Essay; Some Nerve
Date: 25 June 1998
By William Safire
William Safire
William Safire Op-Ed column scores accusation by Time magazine and CNN that US used poison gas in Laos during Vietnam war; notes that report should reinforce CNN's favored access to facilities in Iraq, which United Nations inspectors have discovered deadly nerve gas traces on missile warheads built in Iraq before Persian Gulf war (M)
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News Brings Rush of Buyers to Wrong TCI
Date: 25 June 1998
By Bloomberg News
Bloomberg News
News that AT&T Corp agreed to buy Tele-Communications Inc causes heaviest trading in TCI stock in more than four years; one problem: that is the wrong stock; TCI is New York Stock Exchange symbol for shares of Transcontinental Realty Investors Ltd; it has no connection with proposed communications deal; ticker for Tele-Communications is TCOMA (S)
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MANAGERS OF INDIANA TRUCKING COMPANY TO LEAD BUYOUT
Date: 24 June 1998
By Bloomberg News
Bloomberg News
Celadon Group Inc agrees to management-led buyout for cash, stock and assumed debt; Odyssey Investment Partners LLC, new $680 million investment fund, will pay Celadon shareholders $20 a share in cash; it will join with Celadon managers in buying trucking company and taking it private; cash portion of transaction totals $154 million (S)
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SALOMON BUYS MORGAN'S AUSTRALIAN INVESTMENT UNIT
Date: 24 June 1998
By Bloomberg News
Bloomberg News
Salomon Smith Barney Inc acquires J P Morgan Investment Management Australia Ltd for undisclosed amount (S)
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TECHNE TO ACQUIRE RESEARCH-PRODUCTS UNIT OF GENZYME
Date: 24 June 1998
By Bloomberg News
Bloomberg News
Techne Corp will buy Genzyme Corp's research-products unit for about $65.5 million in cash, stock and royalties (S)
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MOLSON BUYS OUT PARTNER IN CANADIAN VENTURE
Date: 24 June 1998
By Bloomberg News
Bloomberg News
Molson Companies buys 50 percent stake owned by Australian partner, Foster's Brewing Group Ltd, in Molson Breweries, beer makers' joint venture, for $1 billion (Canadian), or $680 million (US), giving it sole ownership of Canada's biggest brewer; Molson says it will buy Foster's 24.95 percent interest in Coors Canada partnership (S)
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DUKE ENERGY BUYS PG&E PIPELINE IN AUSTRALIA
Date: 25 June 1998
By Bloomberg News
Bloomberg News
Duke Energy Corp acquires PG&E Corp's gas pipeline and related assets in Australia to enter electricity-generation and energy-trading businesses in that nation; terms undisclosed (S)
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