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Date: 10 May 1997
By Bloomberg News
Bloomberg News
Walt Disney Co is negotiating to buy stake in Japan Sky Broadcasting Co, satellite broadcaster owned by News Corp, which is headed by Rupert Murdoch, and Softbank Corp of Japan (S)
Date: 10 May 1997
By Marlise Simons
Marlise Simons
Spain's irreverent television show, The Puppet News, uses cheerful caricature and burlesque to poke fun at politicians, sports heroes, journalists and foreign leaders; photo; puppets are lightening up vengeful political scene in which old ideological battles and personal rivalries are fought out with unrelenting passion; Spanish show was inspired by Britain's biting satire of royal family, but does not even have puppet of King Juan Carlos; writer Antonio Martinez notes that Spanish king does not generate much news (S)
Date: 11 May 1997
By Max Frankel
Max Frankel
Max Frankel Word & Image column on American fascination with new technologies of communication and its expensive hardware; describes wondrous technology at Disney World (S)
Date: 11 May 1997
By Clyde Haberman
Clyde Haberman
Clyde Haberman reviews exhibit, Reporting the 20th Century, on life of late New York Times reporter Harrison E Salisbury, at Columbia University; photo (L)
Date: 10 May 1997
By Bloomberg News
Bloomberg News
Walden Residential Properties Inc says that it agreed to buy closely held Drever Partners Inc for $380 million in securities and assume $290 million in debt, forming one of largest public owners of apartment properties in United States (S)
Date: 10 May 1997
By Bloomberg News
Bloomberg News
Cablevision Systems Corp says it will sell its cable television systems in Maine for about $78 million in cash as part of its strategy to focus on certain geographic areas and reduce debt; reaches agreement with Frontiervision Partners LP for sale of systems in Bangor and Lewiston (S)
Date: 10 May 1997
By Bloomberg News
Bloomberg News
Polymer Group Inc offers to buy Merfin International Inc for more than $130 million, topping Buckeye Cellulose Corporation's bid to buy Canadian property; Polymer is offering $7.15 (Canadian) for each share of Merfin (S)
Date: 10 May 1997
By Bloomberg News
Bloomberg News
Shares of Cephalon Inc fall 35 percent after US FDA advisory panel refuses to recommend company's drug, Myotrophin, for use in treating Lou Gehrig's disease (S)
Date: 10 May 1997
By Bloomberg News
Bloomberg News
Dailey Petroleum Services Corp says it will acquire two closely held drilling services companies for total of $112.5 million in cash and assumed debt; companies are Air Drilling International Inc and Phoenix Drilling Services Inc (S)
Date: 10 May 1997
By Bloomberg News
Bloomberg News
Philadelphia Stock Exchange approves quoting shares that are listed on New York Stock Exchange in sixteenths (S)