BOEING IS PLANNING A COMMUNICATIONS NETWORK
Date: 28 April 2000
By Bridge News
Bridge News
Boeing Co says it is planning to develop global communications network for air travelers, called Connexion; says space-based network would provide high-speed data communications services for about same price as cellular phone services and allow commercial airline passengers to get access to the Internet, e-mail, television and news; Boeing has signed agreements with CNN Inflight Services, Mitsubishi Electric, Alenia Spazio, Loral Skynet, Matsushita Avionics Systems and CNBC; company is also negotiating with prospective airline partners (S)
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MARRIOTT TO SELL 14 PROPERTIES TO WOLVERINE
Date: 29 April 2000
By Bridge News
Bridge News
Marriott International to sell 14 Brighton Gardens assisted-living communities to affiliates of Wolverine Equities Company (S)
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TRIBUNE LOOKS INTO OPTIONS ON FLIGHT INFORMATION UNIT
Date: 29 April 2000
By Bloomberg News
Bloomberg News
Tribune Company, which is buying Times Mirror Company, considers selling Times Mirror's Jeppesen unit, world's leading provider of flight-information services to airlines (S)
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CHECKFREE IN DEAL FOR BANK OF AMERICA ONLINE ASSETS
Date: 28 April 2000
By Bloomberg News
Bloomberg News
CheckFree Holdings says it will buy Bank of America's online bill payment service; in exchange, Bank of America will receive 16 percent stake in CheckFree; stake, valued at $325 million, would make bank CheckFree's largest shareholder (S)
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VA LINUX CHANGES TERMS FOR ACQUISITION OF ANDOVER.NET
Date: 28 April 2000
By Bloomberg News
Bloomberg News
VA Linux Systems cuts $60 million in cash from its agreement to buy Andover.Net and will acquire company for $279.3 million in stock; VA Linux agreed on Feb 3 to buy Andover.Net in cash and stock transaction then valued at $1.04 billion (S)
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LANDRY'S SEAFOOD ENDS PLAN TO BUY RAINFOREST CAFE
Date: 28 April 2000
By Bloomberg News
Bloomberg News
Landry's Seafood Restaurants ends plans to buy Rainforest Cafe after Rainforest shareholders reject sale (S)
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NCR SAYS IT WILL ADD AROUND 1,000 EMPLOYEES THIS YEAR
Date: 29 April 2000
By Bloomberg News
Bloomberg News
NCR Corp will add about 1,000 employees, mostly to run large databases and maintain ATMs (S)
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Personal Income Jumped 0.7% In March, Faster Than Spending
Date: 29 April 2000
By Bloomberg News
Bloomberg News
Commerce Department reports personal incomes rose 0.7 percent in March, faster than spending rate for first time in five months; graph (S)
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Metro Business; Harrah's to Expand Atlantic City Hotel
Date: 28 April 2000
By Bloomberg News
Bloomberg News
Harrah's Entertainment Inc will add 450 rooms to Harrah's Atlantic City hotel and casino (S)
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Fruit of the Loom Names Chief
Date: 28 April 2000
By Bloomberg News
Bloomberg News
Fruit of the Loom Ltd, which is still fighting its previous chief executive William F Farley over $65 million debt, gives acting chief executive Dennis S Bookshester company's top job; Fruit of the Loom filed for Chapter 11 bankruptcy-law protection from its creditors in December; Bankruptcy Judge Peter Walsh declines for third time Fruit of the Loom's much-modified request to 'exercise remedies' to seize Farley's assets (M)
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