Clinton's Spokesman Takes His Bow, Mostly to Cheers
Date: 02 October 1998
By Francis X. Clines
Francis Clines
Michael D McCurry, Pres Clinton's press secretary, holds his final briefing for reporters; photo with other members of White House staff, including his successor, Joe Lockhart; photo (M)
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INPUT/OUTPUT TO BUY A LAITRAM EQUIPMENT SUBSIDIARY
Date: 02 October 1998
By Bloomberg News
Bloomberg News
Input/Output Inc agrees to buy Digicourse, subsidiary of Laitram Corp, for about $46 million in stock (S)
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MILLER INDUSTRIES HIRES ADVISER ON FALLEN SHARES
Date: 01 October 1998
By Bloomberg News
Bloomberg News
Miller Industries hires Goldman, Sachs & Co to evaluate alternatives such as possible sale of company to bolster its lagging shares (S)
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HOECHST AND KOHLBERG KRAVIS RETHINK HERBERTS DEAL
Date: 01 October 1998
By Bloomberg News
Bloomberg News
Hoechst AG says it is still in talks with Kohlberg Kravis Roberts & Co on price of Herberts paint unit, which Kohlberg Kravis has agreed in principle to buy (S)
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HARBINGER SAYS IT WILL REPORT A LOSS IN THIRD QUARTER
Date: 02 October 1998
By Bloomberg News
Bloomberg News
Harbinger Corp expects loss of up to 4 cents a share in third quarter; analysts had expected profit of 11 cents a share; company plans to lay off 110 people, or 10 percent of its work force, and reorganize its operations; also says C Tycho Howle, its founder and chairman, will reassume position of chief executive (S)
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UNISOURCE SAYS IT PLANS TO SELL MEXICAN OPERATION
Date: 02 October 1998
By Bloomberg News
Bloomberg News
Unisource Worldwide Inc plans to sell its Mexican operation and take charge of as much as $70 million against fiscal fourth-quarter earnings as it tries to reduce costs and increase profits; Unisource cut 300 jobs in third quarter, and intends to cut about 1,200 more while closing 171 of its 424 facilities and eliminating 3 million square feet of warehouse space (S)
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ARROW AGREES TO BUY 2 ELECTRONICS BUSINESSES
Date: 02 October 1998
By Bloomberg News
Bloomberg News
Arrow Electronics Inc agrees to buy Bell Industries' electronics distribution group and Richey Electronics Inc for about $280.5 million in cash; Arrow will pay $185 million for Bell Industries unit and $95.5 million for Richey (S)
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THOMAS & BETTS TO BUY KAUFEL FOR $98 MILLION AND DEBT
Date: 01 October 1998
By Bloomberg News
Bloomberg News
Thomas & Betts Corp to buy Kaufel Group for about $160 million in cash and debt (S)
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TEXAS PACIFIC IN DEAL FOR 47% OF IRELAND'S GPA GROUP
Date: 02 October 1998
By Bloomberg News
Bloomberg News
GPA Group PLC, Irish aircraft leasing company, says affiliate of investment partnership Texas Pacific Group will invest $115 million in GPA for 47.7 percent equity stake (S)
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ASHLAND TO TAKE A CHARGE OF $57 MILLION IN 4TH QUARTER
Date: 02 October 1998
By Bloomberg News
Bloomberg News
Ashland Inc will take after-tax charges of $57 million for previously announced severance packages, relocation of headquarters and environmental cleanup (S)
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