In Scandal Coverage, Risky Era for News Business
Date: 24 December 1998
By Janny Scott
Janny Scott
People inside and outside journalism see coverage of the Monica Lewisky affair as a laboratory experiment for postmodern media age--the moment when the diverse forces of the instant communications era converged for the first time on a major political scandal; many journalists feel vindicated in that most of what was reported has turned out to be true; others, however, describe the last 11 months as dark chapter in history of American press (M)
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Fighting Off the Flynt Virus
Date: 24 December 1998
Editorial urges news media to maintain standards and to reject gossip about public officials and the kind of dirt that Larry Flynt, publisher of Hustler magazine, pays his sources for (M)
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A Few Words at The End
Date: 25 December 1998
By Russell Baker
Russell Baker
Russell Baker's final Op-Ed column expresses his appreciation for newspapers (M)
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Well-Read on Web
Date: 24 December 1998
By Matthew Mirapaul
Matthew Mirapaul
Comment on Arts & Letters, Web site started by Denis Dutton for cerebral browsers; photo of screen suggesting sources of interesting news articles, books and essays (S)
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ADELPHIA AGREES TO BUY VERTO FOR $127 MILLION
Date: 24 December 1998
By Bloomberg News
Bloomberg News
Adelphia Communications will buy Verto Communications Inc for $127 million in stock and $32 million of assumed debt (S)
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TENDER LEAVES DEXTER WITH 71% OF LIFE TECHNOLOGIES
Date: 24 December 1998
By Bloomberg News
Bloomberg News
Dexter Corp raises its stake in Life Technologies Inc to about 71 percent after completing $39.125-a-share, or $447 million, tender offer; had sought to own 100 percent (S)
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CHEVRON BUYING RUTHERFORD-MORAN FOR $91 MILLION
Date: 24 December 1998
By Bloomberg News
Bloomberg News
Chevron Corp will buy Rutherford-Moran Oil Corp for $91 million in stock and $302 million in assumed debt (S)
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IRVINE APARTMENT RETAINS ADVISER TO EVALUATE OFFER
Date: 24 December 1998
By Bloomberg News
Bloomberg News
Irvine Apartment Communities Inc hires Morgan Stanley Dean Witter & Co to evaluate $540 million offer from chairman Donald L Bren to take company private through his Irvine Co (S)
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BUILDING ONE SERVICES PLANS SHARE REPURCHASE
Date: 24 December 1998
By Bloomberg News
Bloomberg News
Building One Services Corp teams up with financier Leon Black to buy back about 78 percent of its shares for $900 million; deal will give Black about 40 percent stake (S)
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COURT ORDER ON THE BRADLEES BANKRUPTCY EXIT REVERSED
Date: 25 December 1998
By Bloomberg News
Bloomberg News
Bradlees Inc says Federal appeals court has thrown out court order that would have allowed it to exit bankruptcy proceedings (S)
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