On-Line Sources Rank High In News Trustworthiness
Date: 03 December 1998
By Matt Richtel
Matt Richtel
Jupiter Communictions survey finds 80 percent of Web surfers trust on-line news as much as they do news provided by more traditional sources; finds 7.3 percent trust on-line news more (M)
Full Article
News Helicopter Crashes in River Near Newark
Date: 04 December 1998
By Robert D. McFadden
Robert
WNBC-TV news helicopter goes down in murky waters of Passaic River in Newark, New Jersey; photo; pilot Terry Hawes and reporter Kai Simonson swim to safety (S)
Full Article
Unions Turn Chilly, Too, By Striking In France
Date: 03 December 1998
By Craig R. Whitney
Craig Whitney
French train conductors have been on strike since Nov 26, disrupting long-distance rail service in many regions; journalists have gone on strike against Government plan to do away with special tax deduction of up to 50,000 francs, or $8,850, that they have enjoyed since 1934 (M)
Full Article
FAIRCHILD SAYS IT WILL BUY REMAINING 15% OF BANNER
Date: 04 December 1998
By Bloomberg News
Bloomberg News
Fairchild Corp to buy remaining 15 percent of Banner Aerospace Inc that it does not already own, for about $40 million in stock (S)
Full Article
CANADIAN INSURER IN $840 MILLION DEAL FOR TIG
Date: 04 December 1998
By Bloomberg News
Bloomberg News
TIG Holdings Inc, property and casualty insurer, says that it agreed to be acquired by Canadian insurer Fairfax Financial Holdings Ltd for about $840 million in cash (S)
Full Article
DEVELOPER OFFERS $540 MILLION FOR IRVINE APARTMENT
Date: 03 December 1998
By Bloomberg News
Bloomberg News
Irvine Apartment Communities Inc stock rises 15 percent after chairman Donald Bren offers to buy through Irvine Co 83 percent of shares he does not already own for $540 million in cash (S)
Full Article
BACK BAY RESTAURANT TO CONVERT TO PRIVATE OWNERSHIP
Date: 04 December 1998
By Bloomberg News
Bloomberg News
Back Bay Restaurant Group of Boston, which owns 34 restaurants, agrees to be bought by SRC Holdings, formed by chief executive Charles F Sarkis; deal is part of conversion to private ownership (S)
Full Article
MYERS INDUSTRIES AGREES TO BUY UNIT OF SOMMER ALLIBERT
Date: 04 December 1998
By Bloomberg News
Bloomberg News
Myers Industries agrees to buy unit of Sommer Allibert SA of France for about $130 million in cash (S)
Full Article
EXEL AND INTERCARGO, TWO INSURERS, IN $88 MILLION DEAL
Date: 03 December 1998
By Bloomberg News
Bloomberg News
Exel Ltd to buy Intercargo Corp for about $88 million (S)
Full Article
ALLIANT FOODSERVICE SAYS IT WILL LAY OFF 1,200 WORKERS
Date: 04 December 1998
By Bloomberg News
Bloomberg News
Alliant Foodservice Inc, one of largest closely held United States food service distributors, says that it will lay off up to 1,200 workers, or 10 percent of its work force, in attempt to deliver food at 'lower costs and higher value' (S)
Full Article