World News Briefs; Allies of Peru's President Take Over a TV Station
Date: 20 September 1997
Investors with close ties to Pres Alberto Fujimori seize control of Peruvian television station that has exposed Government wrongdoing; appeals court granted control of Frecuencia Latina TV to minority shareholders Samuel and Mendel Winter after majority owner, Baruch Ivcher, was stripped of his citizenship (S)
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Five Reporters Assaulted in Mexico in Efforts to Intimidate Them
Date: 21 September 1997
By Julia Preston
Julia Preston
Five news reporters covering Mexican police suffered attacks in last month that were intended to intimidate them; slayings of three journalists during past year noted; risks for journalists have been increasing just as country is moving toward pluralistic democracy (M)
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Editorial Notebook; Chelsea Clinton Goes to College
Date: 21 September 1997
By Philip Taubman
Philip Taubman
Editorial Notebook by Philip Taubman says talk about treating Chelsea Clinton like any other Stanford freshman is well intentioned but unrealistic, because her fame flows from direct and immediate connection to political leader of country and Commander in Chief of World's most powerful military force; says practical solution is to let Secret Service tend to her security, let Stanford community embrace its new member, and let media show some self-restraint; says Pres Clinton can help by leaving his usual retinue of aides home when he visits Stanford, and bringing just pool of White House reporters (M)
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PICTURETEL TO RESTATE RESULTS OF 3 QUARTERS
Date: 20 September 1997
By Bloomberg News
Bloomberg News
Picturetel Corp to restate results from 1996 third and fourth quarters and 1997 first quarter to lower reported profit and revenue; move reflects decision to cancel or defer some revenue from leases of its video conferencing systems (S)/
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INTERRA STOCK SOARS AMID TAKEOVER SPECULATION
Date: 20 September 1997
By Bloomberg News
Bloomberg News
Interra Financial Inc stock soars amid speculation firm could be takeover target (S)g
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PAYLESS SHOESOURCE TO BUY BACK $150 MILLION IN SHARES
Date: 20 September 1997
By Bloomberg News
Bloomberg News
Payless Shoesource Inc to buy back $150 million worth of stock; has completed earlier $150 million stock buyback (S)
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SUIZA FOODS TO ACQUIRE COUNTRY FRESH FOR $135 MILLION
Date: 20 September 1997
By Bloomberg News
Bloomberg News
Suiza Foods Corp to buy Country Fresh Inc for stock worth about $97 million and assumption of some $38 million in debt and preferred stock (S)¼
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Russia and De Beers In Accord on Diamonds
Date: 20 September 1997
By Bloomberg News
Bloomberg News
Russia's diamond-marketing agency, RAO Almazi Rossii-Sakha, reaches two-year accord with De Beers/Centenary AG to sell $550 million a year of uncut diamonds, about half of its annual production, through De Beers's Central Selling Organization; deal will let Central Selling Organization re-establish virtual monopoly of wholesale trade (S)
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Shipping Concern Alters Bid for Swedish Rival
Date: 20 September 1997
By Bloomberg News
Bloomberg News
Frontline Ltd changes its offer for ICB Shipping AB to all-cash bid of 3.237 billion Swedish kronor ($426 million) from stock-and-cash bid; ICB urges shareholders to reject bid (S)
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Adobe Systems Reports 79% Rise in Profits
Date: 20 September 1997
By Bloomberg News
Bloomberg News
Adobe Systems Inc posts net income of $53.4 million for third quarter ended Aug 29, up 79% from year-earlier $29.8 million; plans to buy back up to 15 million shares, about 20 percent of shares outstanding, in next two years (S)
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