U.S. SEEKS INFORMATION ON NEWS CORP. DEAL WITH HUGHES
Date: 06 June 2003
By Bloomberg News
Bloomberg News
Justice Dept asks News Corp for additional information about its plan to buy controlling interest in Hughes Electronics, owner of DirecTV satellite service (S)
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FOUR DIRECTORS AT ADELPHIA COMMUNICATIONS TO RESIGN
Date: 05 June 2003
By Bloomberg News
Bloomberg News
Adelphia Communications Corp says that four directors who served on board when Rigas family still controlled company will resign; they are Leslie J Gelber, Pete J Metros, Dennis P Coyle and Erlan E Kailbourne, who was chairman and interim chief executive (S)
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NPS PHARMACEUTICALS CANCELS ENZON BID
Date: 05 June 2003
By Bloomberg News
Bloomberg News
NPS Pharmaceuticals Inc, which agreed to buy rival Enzon Pharmaceuticals Inc, says companies have called off deal (S)
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LILLY WAIVES REPAYMENT OF LOAN TO ISIS PHARMACEUTICALS
Date: 06 June 2003
By Bloomberg News
Bloomberg News
Isis Pharmaceuticals, drug developer whose experimental cancer medication failed in study, says its partner, Eli Lilly, has waived repayment of $21 million loan used to build manufacturing plant for drug, Affinitak (S)
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ROADWAY CUTS PROFIT OUTLOOK FOR QUARTER AND YEAR
Date: 06 June 2003
By Bloomberg News
Bloomberg News
Roadway, largest trucking company in the nation, cuts its second-quarter and full-year profit forecasts (S)
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INVESTOR GROUP MAKES OFFER FOR ELDER-BEERMAN
Date: 05 June 2003
By Bloomberg News
Bloomberg News
EB Acquisition offers to pay $5.50 a share to acquire Elder-Beerman Stores Corp department store chain; values E-B Stores at about $63.7 million (S)
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COURT APPROVES PLAN BY FLEMING TO SELL STORES
Date: 05 June 2003
By Bloomberg News
Bloomberg News
Grocery distributor Fleming Companies wins permission in bankruptcy court to sell its 31 Rainbow Food stores and 9 remaining Richmar Food stores; Roundy's Inc will buy Rainbow for $86.5 million and assume about $35 million for leases; Save Mart will buy 6 Richmar stores for $41 million, including $15 million in assumed liabilities; Kroger Co unit will buy three for $11 million (S)
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JOHNSON CONTROLS TO BUY GERMAN ELECTRONICS COMPANY
Date: 05 June 2003
By Bloomberg News
Bloomberg News
Johnson Controls Inc, maker of automotive interiors, will buy German automotive-components maker Borg Instruments (S)
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READER'S DIGEST NAMES EXECUTIVE TO OVERSEE PUBLISHING
Date: 06 June 2003
By Bloomberg News
Bloomberg News
Reader's Digest Assn names Laura McEwen vice president and publishing director (S)
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AMAZING SAVINGS MAKES CASH BID FOR ODD JOB STORES
Date: 05 June 2003
By Bloomberg News
Bloomberg News
Amazing Savings Holdings offers to buy two-thirds to 96 percent of Odd Job Stores for $3 a share (S)
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