The Mogul; Sly as Fox
Date: 18 October 1998
By Alan Deutschman
Alan Deutschman
Alan Deutschman article on Rupert Murdoch's use of sports as 'battering ram' in drive for global media dominance; photo; latest move is deal with Charles Dolan and John Malone creating Fox Sports Net; 50-50 venture of Fox and Liberty Media will control local television rights to 69 of 75 professional teams in baseball, basketball and hockey; party at Madison Square Garden celebrating coup got little outside attention, but impact is far-reaching triumph for Murdoch over Michael Eisner and Disney, owner of ABC and ESPN (M)
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Op-Art
Date: 18 October 1998
By Tom Tomorrow
Tom Tomorrow
Op-Art cartoon by Tom Tomorrow on endless platitudes on television about Lewinsky scandal
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The Beast; Bizbrawl
Date: 18 October 1998
By Joanna Cagan and Neil Demause
Joanna Cagan
Article, Bizbrawl, by Joanna Cagan and Neil deMause explains in cartoon form how Rupert Murdoch, Michael Eisner, Ted Turner and Cablevision's Charles F Dolan, engage in their titanic battles to control sports, the media and the planet (S)
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HOECHST AND KOHLBERG KRAVIS HALT TALKS
Date: 17 October 1998
By Bloomberg News
Bloomberg News
Hoechst AG and Kohlberg Kravis Roberts & Co end talks on Kohlberg Kravis's purchase of Hoechst's paint unit called Herberts (S)1
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RADCLIFFE, MITCHELL WITHDRAWS RESOURCE AMERICA BID
Date: 17 October 1998
By Bloomberg News
Bloomberg News
Radcliffe, Mitchell & Weiss is withdrawing its offer to buy Resource America Inc for more than $300 million (S)1
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NATIONWIDE FINANCIAL ENDS BID FOR PILGRIM BAXTER
Date: 17 October 1998
By Bloomberg News
Bloomberg News
Nationwide Financial Services Inc ends talks to acquire Pilgrim Baxter & Associates Ltd; United Asset Management Co is said to be seeking as much as $600 million for unit (S)
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TWO BIG DENTAL GROUPS PLANNING A COMBINATION
Date: 17 October 1998
By Bloomberg News
Bloomberg News
Gentle Dental Services Corp and Dental Care Associates Inc agree to combine; Dental Care holders will own 46.5 percent of new holding company, while Gentle Dental holders will own 53.5 percent (S)
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MERCK PROFIT INCREASED BY 14% IN THIRD QUARTER
Date: 17 October 1998
By Bloomberg News
Bloomberg News
Merck & Co says profit rose 14 percent in third quarter; net income increased to $1.37 billion from $1.2 billion a year earlier (S)
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DUKE ENERGY IN NATURAL GAS PIPELINE DEAL WITH TEPPCO
Date: 17 October 1998
By Bloomberg News
Bloomberg News
Duke Energy Corp is folding its oil and natural gas liquids pipeline unit into its Teppco Partners LP affiliate in transaction valued at $100 million, and plans to use Teppco to acquire other pipeline businesses; Duke will own about 20 percent of Teppco after transaction (S)i
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Inquiry Is Planned Into Telecom Italia
Date: 17 October 1998
By Bloomberg News
Bloomberg News
Italian prosecutors plan to investigation into possible insider trading at Telecom Italia SpA; inquiry centers on company's share price fluctuations last week (S)/
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