Media Talk; Internet News Fanatics Prefer Television Sites
Date: 30 November 1998
By Felicity Barringer
Felicity Barringer
Jupiter Communications survey of news addicts who use Internet finds they are most interested in national and international news and are more likely to use broadcast and cable television news sites than newspaper sites for quick look at breaking headlines; finds they consider on-line news almost as reliable as news from more traditional outlets (M)
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Murdoch Puts 2 Satellites In New Orbit
Date: 01 December 1998
By Seth Schiesel
Seth Schiesel
News Corp agrees to sell two satellites and their orbital license over US to Echostar Communications Corp for about $840 million in stock; News Corp wants to abandon direct-broadcast satellite business in US; MCI Worldcom Inc, which as MCI Communications was in partnership with News Corp to buy license in 1996, will receive about $209 million in Echostar stock; if deal is approved by regulators, MCI Worldcom and News Corp will own about 37 percent of Echostar (M)
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In a country run by the military, a station manager sees talk radio as a democratic duty.
Date: 30 November 1998
By Felicity Barringer
Felicity Barringer
Gremah Boucar, newly honored by Committee to Protect Journalists, offers simple news broadcasts and open-mike programs on his Niger radio station; his willingness to reflect diverse political viewpoints has sometimes offended military government, which has at times smashed equipment, arrested and threatened him; photo (M)
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In Vietnam the Pen Was as Mighty as the Napalm
Date: 01 December 1998
By Richard Bernstein
Richard Bernstein
Richard Bernstein Critic's Notebook on Library of America collection entitled Reporting Vietnam; excerpts from reporting on war suggest that conflict was probably last 'writers' war,' and some of best reporting was done by seasoned veterans; photo (M)
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Bronx Store Owner Is Arrested In a 1975 Dominican Killing
Date: 01 December 1998
By Anthony Ramirez
Anthony Ramirez
Mariano Cabrera Duran, 49-year-old Dominican immigrant who has quietly run Bronx liquor store for few years, is charged with murder of journalist Luis Orlando Martinez Howley in Santo Domingo in May 1975; he is arrested by Federal authorities on Dominican extradition request; Martinez had written articles critical of then-Pres Joaquin Balaguer, who allegedly ordered killing; complaint says Cabrera was implicated in 1975 when he admitted role to military inquiry board; three other men also accused Cabrera, but he was allowed to immigrate to US in 1983 and is legal resident (S)
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CELADON ANNOUNCES CANCELLATION OF BUYOUT ATTEMPT
Date: 01 December 1998
By Bloomberg News
Bloomberg News
Celadon Group Inc says management-led buyout has been called off and company is exploring alternatives; Celadon warned in September that its sale to investment firm Odyssey Investment Partners LLC for about $154 million was in jeopardy (S)i
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WELSH, CARSON REDUCES OFFER FOR CENTENNIAL CELLULAR
Date: 01 December 1998
By Bloomberg News
Bloomberg News
Welsh, Carson, Anderson & Stowe LP lowers price it will pay for Centennial Cellular Corp to $41.50 a share from $43.50; change reduces price by $60 million; price was about $1.5 billion in cash when it was announced in July (S)
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PARKER RAISES EXCHANGE RATIO IN OFFER FOR SUPERIOR
Date: 01 December 1998
By Bloomberg News
Bloomberg News
Parker Drilling Co increases amount of stock that it will pay for Superior Energy Services Inc, after value of deal falls because of decline in Parker's share price; value of deal still falls to about $139 million from about $168 million, though Parker agrees to raise exchange ratio (S)2
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FORSTMANN LITTLE PLANS TO SELL COMMSCOPE SHARES
Date: 01 December 1998
By Bloomberg News
Bloomberg News
Forstmann Little & Co plans to sell 6.75 million shares of Commscope Inc valued at $102 million in public offering and distribute additional 450,000 shares to investment firm's partners (S)
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MILLENNIUM CHEMICALS WARNS ON 4TH-QUARTER EARNINGS
Date: 01 December 1998
By Bloomberg News
Bloomberg News
Millennium Chemicals Inc warns that its fourth-quarter earnings will be about break-even, well below analysts' forecasts; plans to repurchase as much as $200 million of its stock and will pay for buyback partly through selling its stake in Suburban Propane Partners LP; sale is expected to generate about $75 million (S)
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