THE MARKETS: Market Place; John Malone has moved the Liberty Media Group into a big stake in the News Corporation.
Date: 07 April 1999
By Geraldine Fabrikant
Geraldine Fabrikant
Market Place column on Liberty Media Group chairman John Malone's decision to acquire 8 percent of News Corp, media conglomerate controlled by Rupert Murdoch; Malone remains chairman of Liberty Media; Liberty is acquiring 51.8 million shares of News Corp in exchange for its half-interest in Fox/Liberty Sports; Liberty is paying $700 million for 28.1 million shares of News Corp from MCI Worldcom (M)
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Honors
Date: 07 April 1999
By Stuart Elliott
Stuart Elliott
Howard Draft, chairman-chief executive at Draft Worldwide, is named Charles S Downs Direct Marketer of the Year for 1999 by Chicago Association of Direct Marketing; Sir Dominic Cadbury, chairman of Cadbury Schweppes PLC, is named chairman of International Advertising Association's World Advertising Congress, to be held next year in Congress; Nancy Larsen, president of Promedica Communications Inc, is named 1999 president of Health Care Marketing and Communications Council; Gary J Gyss, president and publisher at International Medical News Group, is named president-elect and will succeed Larsen in 2000 (S)
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Banana Journalism
Date: 07 April 1999
Editorial says former Cincinnati Enquirer reporter Mike Gallagher has every right to mount vigorous defense in case against him over revelations about Chiquita Brands International, but says his decision to disclose sources betrays most basic code of news profession (S)
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Reporter in Chiquita Case Reveals a Source in Court
Date: 06 April 1999
By Douglas Frantz
Douglas Frantz
Mike Gallagher, former investigative reporter for Cincinnati Enquirer, takes unusual turn in case involving and ethics in journalism by disclosing in court identity of confidential source for stinging collection of articles about Chiquita Brands International Inc; tells court George G Ventura, former lawyer for Chiquita, was crucial source for series of articles; Ventura was indicted in 1998 on 10 counts of helping Gallagher obtain illegal access to voice-mail system at Chiquita; pleaded guilty in plea bargain to two counts of stealing voice-mail messages; photos (M)
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CONSUMER-ELECTRONICS RETAILER TOPS ESTIMATES
Date: 07 April 1999
By Bloomberg News
Bloomberg News
Circuit City Stores Inc says fiscal fourth-quarter earnings rose 52 percent; net income rose to $87 million from $57.4 million in year-earlier period; sales rose 8 percent in 1999 fiscal year (S)
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HANGER TO BUY NOVACARE ORTHOPEDIC CLINICS
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Hanger Orthopedic Group Inc will buy 369 orthopedic clinics of industry leader Novacare Inc for $417 million in cash and $38 million in assumed debt (S)
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LUCENT TO BUY MOSAIX FOR $145 MILLION IN STOCK
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Lucent Technologies Inc to buy Mosaix Inc for about $145 million in stock (S)
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WELSH CARSON GETTING BANCTEC FOR $525 MILLION
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Banctec Inc agrees to be purchased by Welsh, Carson, Anderson & Stowe for $375 million in cash and $150 million in assumed debt (S)
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AS PART OF SHIFT, REPUBLIC INDUSTRIES CHANGES ITS NAME
Date: 07 April 1999
By Bloomberg News
Bloomberg News
Republic Industries, auto retailer, changes its name to Autonation Inc to emphasize its focus on selling and renting cars and trucks (S)
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HAIN FOOD IS IN $80 MILLION DEAL FOR NATURAL NUTRITIONAL
Date: 07 April 1999
By Bloomberg News
Bloomberg News
Hain Food Group Inc acquires Natural Nutritional Group Inc for $80 million (S)
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