Paying for One Big Party
Date: 09 April 1997
Editorial contends that latest New York Times/CBS News Poll offers 'startling portrayal' of nation that yearns for abolition of corrupt campaign-finance system; maintains that by ignoring such warnings, Congress deepens public's already considerable disgust and cynicism; holds that of major figures in Washington, only Senate majority leader Trent Lott remains personally unmarred by fund-raising scandal; criticizes Lott for supporting Sen Mitch McConnell's efforts to undermine reform legislation sponsored by Sens John McCain and Russell Feingold (M)
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PROTECTIVE LIFE TO ABSORB WEST COAST LIFE
Date: 09 April 1997
By Bloomberg News
Bloomberg News
Protective Life Corp will buy West Coast Life Insurance Co for about $257 million in cash from Nationwide Corp; transaction would create life insurer with annual revenue of about $1.2 billion, based on last year's figures (S)
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POLYSINDO PLANS TO INCREASE STAKE IN DYERSBURG
Date: 10 April 1997
By Bloomberg News
Bloomberg News
Dyersburg Corp says its controlling shareholders agreed to sell 23 percent stake in company to Hong Kong affiliate of P T Texmaco Jaya for $23 million in cash (S)
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ROCKWELL TO ACQUIRE MAKER OF VIDEO AND DATA CHIPS
Date: 09 April 1997
By Bloomberg News
Bloomberg News
Rockwell International Corp will buy Comstream Corp's Hi-Media semiconductor unit, which develops video and data chips for direct-broadcast satellite and cable television companies, for $50 million (S)
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TENET AND MEDPARTNERS TO FORM HEALTH CARE NETWORK
Date: 10 April 1997
By Bloomberg News
Bloomberg News
Tenet Healthcare Corp and Medpartners Inc agree to form health care network serving more than million people in Southern California (S)
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NBC TO OFFER INTERNET SITE GEARED TO LOCAL STATIONS
Date: 10 April 1997
By Bloomberg News
Bloomberg News
NBC says it will offer its 215 television stations an Internet site that features telephone directories, restaurant and real estate listings and other services geared to local areas; Infoseek Inc will sell advertising for site (S)
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PECO AND BRITISH ENERGY IN TALKS ON JOINT VENTURE
Date: 09 April 1997
By Bloomberg News
Bloomberg News
Peco Energy Co and British Energy PLC are in talks aimed at forming joint venture to buy and operate power plants, drawing on two electric companies' experience with nuclear reactors; discussions come as deregulation increases competition for power sales in US and Britain (S)
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CITIZENS TO PAY $57.2 MILLION FOR BNH BANCSHARES
Date: 09 April 1997
By Bloomberg News
Bloomberg News
Citizens Financial Group to acquire BNH Bancshares Inc, parent of Bank of New Haven, for $57.2 million in cash, further consolidating Connecticut banks (S)
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FLORES & RUCKS SAID TO PLAN JOINT OIL VENTURE
Date: 10 April 1997
By Bloomberg News
Bloomberg News
Flores & Rucks Inc says it will soon disclose joint venture with major oil company to explore for oil in Gulf of Mexico (S)
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HUNT TO CUT WORK FORCE AND TRIM PRODUCT LINE
Date: 09 April 1997
By Bloomberg News
Bloomberg News
Hunt Manufacturing Co will lay off 15 percent of its staff and take charge of $14 million to $16 million in 1997 as it concentrates on most profitable segments of its office supply business; company plans to cut 300 jobs and trim variety of products it makes by 71 percent (S)
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