Liberty Media Accelerates Swap of News Corp. Shares
Date: 21 December 2004
By Geraldine Fabrikant
Geraldine Fabrikant
Liberty Media Corp, controlled by John C Malone, begins to accelerate planned swap of nonvoting shares in News Corp, which is controlled by Rupert Murdoch, for voting shares in company; outsider owning significant stake in News Corp has been considered potential threat to Murdoch's plan to turn it over to his sons Lachlan and James, who work with their father (M)
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Punishing the Press
Date: 20 December 2004
Editorial hopes federal appellate court will overturn ruling that Judith Miller of The New York Times and Matthew Cooper of Time may be sentenced to prison for refusing to disclose sources in investigation of leak of CIA agent Valerie Plame's name to columnist Robert Novak
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PANAMSAT PLANS $1.2 BILLION OFFERING
Date: 21 December 2004
By Bloomberg News
Bloomberg News
PanAmSat Holding Corp plans to sell up to $1.12 billion in shares through initial public offering eight months after being sold to Kohlberg, Kravis, Roberts & Co (S)
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SCHAWK TO BUY SEVEN WORLDWIDE TO EXTEND FOREIGN REACH
Date: 21 December 2004
By Bloomberg News
Bloomberg News
Schawk, a supplier of digital imaging for the packaging and advertising industries, acquires Seven Worldwide for about $191 million (S)
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JOINT VENTURE TO PRODUCE ONCE-A-DAY AIDS PILL
Date: 21 December 2004
By Bloomberg News
Bloomberg News
Bristol-Myers Squibb Co and Gilead Sciences form joint venture to develop and market HIV treatment that combines three AIDS drugs in a once-a-day pill; pill contains Bristol-Myers's Sustiva and Gilead's Viread and Emtriva drugs; companies plan to seek Food and Drug Administration approval for their new drug in second half of 2005 (S)
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KIA SEEKS RETEST OF SEDAN AFTER 'POOR' CRASH RATING
Date: 21 December 2004
By Bloomberg News
Bloomberg News
Kia Motors Corp wants Insurance Institute for Highway Safety to retest company's Spectra sedan, which received its first 'poor' rating since 2001 in frontal crash test; frontal crash tests by National Highway Traffic Safety Administration rated 2004 and 2005 Spectras at four stars, one level below its highest rating (S)
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World Business Briefing | Europe: France: Job Cuts At Adidas
Date: 21 December 2004
By Bloomberg News
Bloomberg News
Adidas-Salomon will cut almost 10 percent of French work force at its winter-sports division as it shifts production of snowboards and skis to China and Romania; will cut 160 jobs over next two years and reduce level of production there to 35 percent from 55 percent (S)
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Edward Jones Agrees to Settle Marketing Charge
Date: 21 December 2004
By Bloomberg News
Bloomberg News
Edward D Jones & Co agrees to pay $75 million to settle regulators' accusations that it did not disclose hidden marketing deals with mutual funds; regulators involved include Securities and Exchange Commission, NASD, New York Stock Exchange and US attorney in St Louis, where Jones is based (M)1
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World Business Briefing | Europe: Britain: An Approach To Soccer Club
Date: 21 December 2004
By Bloomberg News
Bloomberg News
World Business Briefing: Brit
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