DISNEY'S TOYSMART.COM IS CLOSED AND OFFERED FOR SALE
Date: 23 May 2000
By Bloomberg News
Bloomberg News
Toysmart.com, Internet toy retailer majority owned by Walt Disney Co, is closed and put up for sale after talks to provide more financing fail; company dismisses 170 employees (S)
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COMMERCECONNECT PLANS TO BUY CYGNUS BUSINESS
Date: 24 May 2000
By Bloomberg News
Bloomberg News
CommerceConnect Media acquires Cygnus Business Media, owner of trade magazines and Web sites, for $275 million (S)
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SUNTERRA, STRUGGLING FOR SURVIVAL, TO DISMISS 930
Date: 24 May 2000
By Bloomberg News
Bloomberg News
Sunterra Corp, owner of time-share vacation resorts, will dismiss about 930 workers at company headquarters in Orlando and might not be able to continue operations; Sunterra stops sales at many resorts (S)
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PIVOTAL TECHNOLOGIES TO BE BOUGHT FOR $242.5 MILLION
Date: 24 May 2000
By Bloomberg News
Bloomberg News
Broadcom Corp acquires Pivotal Technologies Corp for $242.5 million in stock (S)
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AT&T PURCHASES STAKE IN VOICE RECOGNITION WEB SERVICE
Date: 23 May 2000
By Bloomberg News
Bloomberg News
AT&T buys $60 million minority stake in Tellme Networks Inc to become primary provider of telecommunication services to company, which sends Web content by voice over telephones (S)
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CORNING ACQUIRES REST OF INTELLISENSE FOR $500 MILLION
Date: 23 May 2000
By Bloomberg News
Bloomberg News
Corning Inc to buy 67 percent of IntelliSense Corp it does not already own for $500 million in stock (S)
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NAVIGANT RETAINS LEHMAN BROS. TO ADVISE IT ON OPTIONS
Date: 23 May 2000
By Bloomberg News
Bloomberg News
Navigant Consulting Inc, whose shares have fallen about 90 percent in eight months, hires Lehman Brothers Inc to advise it on alternatives; names William Goodyear chairman and chief executive (S)
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ADVANCED MICRO TO SELL MOST OF COMMUNICATIONS UNIT
Date: 23 May 2000
By Bloomberg News
Bloomberg News
Advanced Micro Devices Inc to sell 90 percent of its communications products division to Francisco Partners for $375 million in cash; will keep 10 percent stake and have option to buy another 10 percent (S)
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CHERRY CORP. REPORTS BUYOUT OFFER OF $262 MILLION
Date: 24 May 2000
By Bloomberg News
Bloomberg News
Cherry Corp receives buyout offer of $26 a share in cash, or about $262 million, from company it declines to name (S)
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CASTLE & COOK ACCEPTS SWEETENED BID FROM CHIEF
Date: 23 May 2000
By Bloomberg News
Bloomberg News
Castle & Cook Inc agrees to be acquired by chief executive David Murdock, who owns or controls 27 percent of stock, in deal that values company at about $600 million; he will pay $230.4 million in cash and assume remainder in debt (S)
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