NORTHERN TELECOM PAYING $45 MILLION FOR TELRAD STAKE
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Northern Telecom Ltd to pay $45 million for 20 percent stake in Telrad, unit of Israel's Koor Industries (S)
O dia 24 de dezembro de 1996 foi um terça-feira sob o signo de ♑. Foi o dia 358 do ano. O presidente dos Estados Unidos foi William J. (Bill) Clinton.
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Date: 24 December 1996
By Bloomberg News
Bloomberg News
Northern Telecom Ltd to pay $45 million for 20 percent stake in Telrad, unit of Israel's Koor Industries (S)
Date: 25 December 1996
By Bloomberg News
Bloomberg News
KCS Energy Inc shares rise 26 percent, to $37.625 a share, after company says it has settled all litigation with Tennessee Gas Pipeline Co, which last month won $143.2 million jury award against the company; financial terms undisclosed (S)
Date: 25 December 1996
By Bloomberg News
Bloomberg News
Culbro Corp will sell as much as $120.8 million stock in its General Cigar subsidiary in public offering, probably in February; company says it has bought Villazon & Co and its Honduran affiliate for $89 million, giving General Cigar the Punch and Hoyo de Monterrey cigar brands (S)
Date: 24 December 1996
By Bloomberg News
Bloomberg News
OM Group to acquire SCM Metal Products Inc, Research Triangle Park, NC, unit of US Industries, for $122 milllion in cash (S)
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Canada's Placer Dome Inc offers to cancel its stake in takeover target Highlands Gold Ltd, Australia, in return for Highlands' 25 percent stake in Porgera gold mine in Papua New Guinea plus cash settlement; offer follows rejection by Highlands board of Placer Dome's takeover bid of 75 Australian cents a share (336 million US) (S)
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Lawrence A Weinbach, chief executive of Arthur Andersen & Co, again says firm will not split into separate accounting and consulting businesses (S)
Date: 25 December 1996
By Bloomberg News
Bloomberg News
Gemstar International Group Ltd will buy Starsight Telecast Inc in stock swap valued at $273 million, or $10.23 a share (S)
Date: 25 December 1996
By Bloomberg News
Bloomberg News
Commerce Security Bancorp Inc will buy Eldorado Bancorp for $90 million in cash in deal that will combine two banking chains in Orange County, Calif (S)
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Nationwide Corp files to sell to public as much as 20 percent of its life insurance unit; according to registration statement, sale would raise as much as $500 million (S)
Date: 24 December 1996
By Bloomberg News
Bloomberg News
Stocks prices declined on Tokyo Stock Exchange on December 24; Nikkei average lost 528.75 points, to close at 19,161.71 (S)