A Newspaper Publisher Circles the Competition
Date: 01 February 1999
By Andrea Adelson
Andrea Adelson
William Dean Singleton's Media News Group Inc has bought up string of small dailies in Southern California, in pincer-like move around dominant paper, Los Angeles Times; Media News's merged operations will have daily circulation of 830,000 statewide--63 percent in Los Angeles area; Media News competes with Los Angeles Times for readership and advertising sales, but they are cooperating on distribution of preprinted circulars; that arrangement is now subject of preliminary investigation by Justice Dept; inquiry is likely to focus on whether alliance amounts to price-fixing arrangement in which advertisers are without real alternatives; photo; map; chart (M)
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Political Memo; Announcing Just Once No Longer Is Enough
Date: 01 February 1999
By Richard L. Berke
Richard Berke
Political Memo column says trend toward multiple announcements by candidates for year 2000 Presidential hopefuls has reached point of absurdity as restless candidates struggle to draw press coverage and break through omnipresent impeachment coverage; Republicans are trying to compete with presumed dominance of Texas Gov George W Bush, who has not yet announced anything but has drawn more attention than perhaps all Republican contenders combined; recent announcements by Gary Bauer, prominent conservative, and US Repr Richard Kasich, noted; photos (M)
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Reports Give Good News On Economy
Date: 02 February 1999
By Bloomberg News
Bloomberg News
National Association of Purchasing Management's production index rose to 53.1 in January, from 46.8 in December, first increase in four months and highest level since May; Commerce Department reports consumer spending rose eight-tenths of 1 percent in December, after two-tenths of 1 percent gain in November; separate construction report from Commerce Department shows overall spending rose 1.7 percent in December, topping 1 percent increase in November; graph on construction spending (M)
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THEGLOBE.COM TO BUY AZAZZ.COM FROM FACTORYMALL.COM
Date: 02 February 1999
By Bloomberg News
Bloomberg News
Theglobe.com, Internet company that lets people set up free Web pages, will buy Azazz.com, on-line department store, for about $18.5 million in stock; Theglobe.com will issue 307,000 shares to Azazz.com's parent, factorymall.com Inc, and will assume all outstanding options and warrants of factorymall.com (S)
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MUZAK IS TO BE BOUGHT BY ITS BIGGEST FRANCHISEE
Date: 02 February 1999
By Bloomberg News
Bloomberg News
Audio Communications Network, largest franchisee of Muzak background music in US, agrees to buy Muzak LP from closely held investment firm, Centre Partners Management LLC, for $250 million in cash and $100 million in assumed debt (S)
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COMPUTER CONSULTANT MOVING INTO HEALTH CARE DATA
Date: 02 February 1999
By Bloomberg News
Bloomberg News
Computer Task Group to buy Elumen Solutions Inc to help expand into health care data; Computer Task will pay $86 million in unspecified mix of cash and assumed debt and will assume about 125,000 shares (S)
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MESA AIR OFFERS TO BUY RIVAL REGIONAL AIRLINE
Date: 02 February 1999
By Bloomberg News
Bloomberg News
Mesa Air Group Inc to buy rival CCAir Inc for about $53 million in stock (S)
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WARNER-LAMBERT'S CHAIRMAN PLANS TO RETIRE ON MAY 1
Date: 02 February 1999
By Bloomberg News
Bloomberg News
Warner-Lambert Co says chief executive and chairman Melvin Goodes will retire on May 1 and that Lodewijk de Vink will succeed him (S)
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ORACLE TO SPLIT ITS STOCK 3 FOR 2 AFTER PRICE DOUBLES
Date: 02 February 1999
By Bloomberg News
Bloomberg News
Oracle Corp will split its shares 3 for 2 after stock more than doubles since September (S)
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PC Component Shortages Are Seen in Asia
Date: 02 February 1999
By Bloomberg News
Bloomberg News
Sun Microsystems Inc chief executive Scott McNealy says Asian companies that make computer components lag behind US and Europe on fixing problems related to Year 2000, which could lead to supply shortages next year (S)
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