Media Talk; Former Green Beret Sues Over CNN-Time Report
Date: 10 August 1998
By Lawrie Mifflin
Lawrie Mifflin
Keith Plancich, former Green Beret who was on so-called Operation Tailwind mission in 1970, sues Cable News Network and Time magazine, charging their joint June report on mission defamed him; he was not named in report, but his picture was used; CNN and Time have since retracted charge that mission used nerve gas to wipe out Laotian village suspected of harboring American defectors; photo (M)
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NORTHWESTERN MUTUAL ANNOUNCES DEAL TO BUY RUSSELL
Date: 11 August 1998
By Bloomberg News
Bloomberg News
Northwestern Mutual Life Insurance Co announces it will buy Frank Russell Co, world's biggest consultant to pension funds, giving Northwestern's agents more investment products to sell; terms undisclosed (S)
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ESTERLINE TECHNOLOGIES AGREES TO ADD KIRKHILL RUBBER
Date: 11 August 1998
By Bloomberg News
Bloomberg News
Esterline Technologies Corp to buy Kirkhill Rubber Co for about $80 million (S)
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BB&T TO ADD THE BROKERAGE FIRM SCOTT & STRINGFELLOW
Date: 11 August 1998
By Bloomberg News
Bloomberg News
BB&T Corp acquires brokerage firm Scott & Stringfellow Inc for $131 million (S)
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WING INDUSTRIES BUYING 80% OF ATRIUM FOR $180 MILLION
Date: 11 August 1998
By Bloomberg News
Bloomberg News
Wing Industries agrees to buy 80 percent of Atrium Companies for $180 million; Atrium says its controlling shareholders, Hicks, Muse, Tate & Furst Inc, agrees to sell its stake to Wing, which is controlled by Ardshiel Inc and GE Investment Private Placement Partners II, unit of General Electric Co; R G Darby Co, which is controlled by GE Investment and Ardshiel, will be combined with Wing and Atrium (S)
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HARRAH'S TO ACQUIRE RIO SUITE HOTEL IN LAS VEGAS
Date: 11 August 1998
By Bloomberg News
Bloomberg News
Harrah's Entertainment Inc will acquire Rio Hotel and Casino Inc to entice customers from its other US casinos to vacation at Rio's sole property, upscale Rio Suite Hotel in Las Vegas, Nev; deal is valued at $518 million; Harrah's will assume about $370 million of Rio debt (S)
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COCA-COLA IN $187 MILLION DEAL FOR RUSSIAN BOTTLER
Date: 11 August 1998
By Bloomberg News
Bloomberg News
Coca-Cola Co will buy one of its Russian bottler for $187 million from Inchcape PLC (S)
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Northrop Grumman in Deal
Date: 11 August 1998
By Bloomberg News
Bloomberg News
Northrop Grumman Corp agrees to buy closely held computer company Inter-National Research Institute Inc for $55 million in cash (S)
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Apple Chooses Earthlink for iMac Service
Date: 10 August 1998
By Bloomberg News
Bloomberg News
Apple Computer Inc choses Earthlink Network Inc as default Internet service provider for its new iMac home computers (S)
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N.C.A.A. Approves Rules on Metal Bats
Date: 11 August 1998
By Bloomberg News
Bloomberg News
National Collegiate Athletic Association has approved rule changes designed to reduce performance of aluminum baseball bats in order to protect pitchers and correct imbalance between offense and defense (S)
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