Co-Creator of 'NYPD Blue' Says ABC Time Slot to Change
Date: 14 October 1999
By Bernard Weinraub
Bernard Weinraub
Steven Bochco, co-creator of TV series NYPD Blue, says that ABC has told him show will be moved from its Tuesday night time slot after six years; angry Bochco says network is considering replacing show with series Once and Again; Bochco says he is convinced that one reason that his show is being shifted is that Walt Disney Co, which produces Once and Again and owns ABC, is protecting its investment; NYPD Blue is produced by Steven Bochco Productions and distributed by 20th Century Fox television, division of News Corp (M)
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Writer Jailed in Malaysia Is Released After Serving Four Weeks
Date: 14 October 1999
By Mark Landler
Mark Landler
Murray Hiebert, Canadian reporter for Far Eastern Economic Review, is freed from jail in Malaysia after serving four weeks for contempt of court for 1997 article; says he was treated better than typical prisoner; leaves nation; jailing could have lingering impact in nation where critics say Government uses courts to bully news organizations; article suggested suit against school where Hiebert's wife held post moved unusually quickly through courts because it was brought by judge's wife (M)
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Age Bias Case in Supreme Court Opens a New Round on Federalism
Date: 14 October 1999
By Linda Greenhouse
Linda Greenhouse
United States Supreme Court, opening new round on federalism, hears arguments on whether Federal law protecting older workers from age discrimination applies to state workers; Court's states'-rights majority is expected to rule against state university workers whose age discrimination suit against Florida and Alabama was dismissed by Federal appeals court in decision that could curb application of other Federal laws to states; Court also weighs California law under which addresses of people who have been arrested are made available to news organizations, but not to marketers; law was successfully challenged in Federal appeals court by company that supplies arrest information to lawyers and others who solicit business from people facing criminal charges (M)
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ELTRAX TO REORGANIZE AND CONSIDER MERGERS
Date: 14 October 1999
By Bloomberg News
Bloomberg News
Eltrax Systems Inc is reorganizing into two groups and is hiring investment banking firm to consider mergers and other options (S)
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NAVIGANT REJECTS MERGERS AND WILL REMAIN INDEPENDENT
Date: 15 October 1999
By Bloomberg News
Bloomberg News
Navigant Consulting Inc decides to remain independent after completing review of alternatives that included sale to another company; says it will seek to increase profits by expanding its existing business and making acquisitions (S)
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KENNEDY-WILSON BUYS JAPANESE PROPERTY LOANS
Date: 14 October 1999
By Bloomberg News
Bloomberg News
Kennedy-Wilson Inc, Los Angeles-based property management and investment company, buys $250 million of nonperforming Japanese property loans for less than 10 cents on the dollar, as it continues to scour Japan for real estate bargains; purchase brings to more than $1 billion face amount of Japanese loans Kennedy-Wilson has bought in last 12 months (S)
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QUARTERLY DIVIDEND IS RAISED TO 50 CENTS A SHARE
Date: 15 October 1999
By Bloomberg News
Bloomberg News
Ford Motor Co raises its quarterly dividend 8.7 percent, to 50 cents from 46 cents (S)
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PHILIPS REALTY HIRES PRUDENTIAL TO EXPLORE OPTIONS
Date: 14 October 1999
By Bloomberg News
Bloomberg News
Philips International Realty Corp hires Prudential Securities Inc to explore options to improve its share price; does not specify what moves it is considering (S)
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CNET BUYS SAVVYSEARCH AND ITS INTERNET SEARCH ENGINES
Date: 15 October 1999
By Bloomberg News
Bloomberg News
Cnet Inc acquires Savvysearch Ltd for $22 million in cash and stock (S)
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CITATION ACCEPTS AMENDED PURCHASE PACT FROM KELSO
Date: 14 October 1999
By Bloomberg News
Bloomberg News
Citation Corp accepts amended agreement to be acquired by New York investment firm Kelso & Co, reducing purchase price to about $620 million in cash and debt; transaction values Citation shares at $17 each, down from $18.10 in earlier deal (S)
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