Der 19. August 1998 war ein Mittwoch unter dem Sternzeichen ♌. Es war der 230. Tag des Jahres. Präsident der Vereinigten Staaten war William J. (Bill) Clinton.
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19th of August 1998 News
Nachrichten, wie sie auf der Titelseite der New York Times am 19. August 1998 erschienen
Boston Globe Columnist Resigns Over Authenticity of 1995 Story
Date: 20 August 1998
By Felicity Barringer
Felicity Barringer
Mike Barnicle, Boston Globe columnist, resigns at newspaper's request, eight days after surviving controversy over unethical reporting, after evidence showed he fabricated 1995 column about two young boys who were cancer victims; editor Matthew V Storin accuses Barnicle of failing to follow most basic reporting requirements and of duplicity; was alerted by former Reader's Digest editor, Kenneth Y Tomlinson, whose son survived spinal tumor and who was unable to reprint article after fact-checkers could find no evidence that victims ever existed; Barnicle says he had been given story by nurse, whose name he could not recall, but admits he never tried to speak with boys' families; photo (M)
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Split Between Commentators and the People May Help Clinton
Date: 20 August 1998
By Richard L. Berke
Richard Berke
Analysis of split between news commentators, who excoriate Pres Clinton in White House sex scandal, and public, which is largely uninterested and would rather put affair behind; split may be White House's best hope for Clinton to withstand debacle, since members of Congress, ever mindful of popular sentiment, may not want to prolong unpopular inquiry or press for impeachment hearings; photos; chart (M)
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NEXSTAR CONSIDERS SPINOFF OF DRUG UNIT
Date: 20 August 1998
By Bloomberg News
Bloomberg News
Nexstar Pharmaceuticals Inc says its board is considering spinning off its drug-discovery business, prompting president-chief executive Patrick Mahaffy to quit in disagreement; Mahaffy also leaves company's board; company will be led by its management committee, consisting of its chairman, Larry Gold, and four vice presidents (S)
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TRINET AND MENLO BUY SUBURBAN PROPERTIES
Date: 20 August 1998
By Bloomberg News
Bloomberg News
Trinet Corporate Realty Trust Inc and Menlo Equities LLC buys five suburban office and research and development properties in San Jose, Calif, for about $50.4 million (S)
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TMP WORLDWIDE TO BUY AUSTRALIAN RECRUITER
Date: 19 August 1998
By Bloomberg News
Bloomberg News
TMP Worldwide Inc., one of the world's largest recruiters and the owner of the Monster Board job-search Internet site, will buy the Australian recruiter Morgan & Banks Ltd. for $209 million in stock. The stockholders of Morgan & Banks will get no more than 0.1124 share and no less than 0.07025 share of TMP stock for each share held, based on the currency exchange rate at closing. Shares of TMP jumped $2.3125 yesterday, to $36.125; they have soared more than 51 percent in the last 12 months. TMP, based in New York, is betting that buying Morgan & Banks will bolster its intern-to-chief-executive strategy as more people turn to the Internet for jobs and employees.
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AFC ENTERPRISES TO PURCHASE CINNABON INTERNATIONAL
Date: 19 August 1998
By Bloomberg News
Bloomberg News
AFC Enterprises, the owner of Churchs Chicken and Popeyes Chicken and Biscuits, said yesterday that it had agreed to buy Cinnabon International Inc., a retail bakery company, for $65 million. The Seattle-based Cinnabon, which features cinnamon rolls, owns 214 sites and has 144 franchise sites. Its outlets are in malls, airports and supermarkets. The acquisition is the fourth in the last year for the Atlanta-based AFC as the company expands its restaurant formats, building cash flow in anticipation of an initial public offering in 1999. Recent purchases include the Seattle Coffee Company.
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REPUBLIC TO BUY 7 AUTO DEALERSHIPS
Date: 20 August 1998
By Bloomberg News
Bloomberg News
Republic Industries to buy seven closely held auto dealerships for undisclosed price as it begins expansion in Baltimore and Washington markets; Republic says cash purchases include Fox Automotive Group of Baltimore and Evans Motors in North Miami, Fla; Republic plans to open two Autonation USA used-car megastores in Baltimore and four in Washington area beginning in 1999 (S)
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BELL CANADA INTERNATIONAL AND A.I.G. IN KOREAN DEAL
Date: 19 August 1998
By Bloomberg News
Bloomberg News
Bell Canada International Inc. and the American International Group Inc., the big New York-based insurer, teamed up yesterday to buy 39.4 percent of the Hansol PCS Company of South Korea, one of the Asian nation's three cellular phone companies, for $265 million. The Montreal-based Bell Canada, which is 75 percent owned by the Canadian telecommunications giant BCE Inc., will pay $159 million for a 23.6 percent stake, while A.I.G. will acquire 15.8 percent for $106 million through investment funds. Hansol PCS is controlled by a group led by the Hansol Paper Company.
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MAGELLAN ENDS TALKS ON SALE OF SOME ASSETS
Date: 20 August 1998
By Bloomberg News
Bloomberg News
Magellan Health Services Inc ends talks on planned $310 million sale of some assets and its stake in joint venture that runs psychiatric hospitals; Magellan intended to sell its Charter Advantage LLC unit to Charter Behaviorial Health Systems LLC for $280 million (S)
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STAFFMARK AGREES TO ACQUIRE BRITISH SEARCH CONCERN
Date: 19 August 1998
By Bloomberg News
Bloomberg News
Staffmark Inc., a recruiter of executives and corporate managers, said yesterday that it would buy Robert Walters P.L.C., another search firm, for $178.8 million in stock. The price values Robert Walters at 429.5 pence a share. Staffmark, which recruits mainly for the computer and pharmaceutical industries, wants the London-based Walters for its strength in placing people in financial services companies and accounting firms. Staffmark, based in Fayetteville, Ark., has offices in 29 states and in Canada, Britain, South Africa and Thailand. Under the agreement, Staffmark will exchange 0.272 share for each Walters share. Walters rose 93.5 pence a share yesterday, to 372 pence, in London trading. Staffmark fell $1.4375, to $24.25.
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