TV Notes; A Brokaw Victory
Date: 01 October 1997
By Bill Carter
Bill Carter
NBC says its Nightly News with Tom Brokaw defeated ABC's evening news for entire broadcast year, first time that has happened in 10 years; ABC's news program had its lowest rating in 26 years; CBS Evening News had its lowest rating since 1951 (S)
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Clinton Nudges TV Forecasters On Warming
Date: 02 October 1997
By James Bennet
James Bennet
Pres Clinton invites over 100 national and local television forecasters to White House for chat with him and Vice Pres Al Gore and for briefings on climate change from Government experts; Administration hopes that forecasters will influence public opinion on climate change more than journalists on evening news; playing host to nation's television weather forecasters is innovative step in White House campaign to rally public support for new binding global targets for restricting greenhouse gases; broad coalition of industry and labor groups is spending some $13 million on advertising opposing such targets, which may be adopted at international conference in Kyoto, Japan, in Dec; photo (M)
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SHARES OF IMNET FALL ON NEWS OF AUDITING REVIEW
Date: 01 October 1997
By Bloomberg News
Bloomberg News
COMPANY NEWS: SHARES OF IMNET FALL ON NEWS OF AUDITING REVIEW**Imnet Systems Inc stock falls more than third after company says its auditors requested more time to review company's finances; Securities and Exchange Commission has received anonymous letter charging company with using aggressive accounting practices to record revenue (S)
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MANITOWOC TO ACQUIRE MAKER OF BEVERAGE DISPENSERS
Date: 02 October 1997
By Bloomberg News
Bloomberg News
Manitowoc Co agrees to buy Servend International for $65 million to $75 million in cash (S)
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SONY'S LOEWS TO MERGE WITH CINEPLEX ODEON
Date: 01 October 1997
By Bloomberg News
Bloomberg News
Sony Corp agrees to merge its Loews Theaters unit with Cineplex Odeon Corp to create one of world's largest movie theater companies, with more than 2,600 screens in 450 theaters and annual revenue of about $1 billion; Sony will own 49.9 percent of voting shares of combined company, to be called Loews Cineplex Entertainment; Seagram Co's Universal Studios will own 26.7 percent after investing $85 million in new company (S)
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DEAL TO COMBINE 2 MANUFACTURERS OF MODEMS
Date: 02 October 1997
By Bloomberg News
Bloomberg News
Westell Technologies Inc will buy Amati Communications Corp for $394 million in stock (S)
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INSIGNIA PLANS TO ENTER RESIDENTIAL PROPERTY MARKET
Date: 01 October 1997
By Bloomberg News
Bloomberg News
Insignia Financial Group Inc agrees to buy Realty One, residential broker, for $39 million in cash and stock (S)
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HANIFEN, IMHOFF TO SELL FINANCIAL CLEARING UNIT TO FISERV
Date: 01 October 1997
By Bloomberg News
Bloomberg News
Hanifen, Imhoff Holdings Inc says it agreed to sell its financial clearing operations to Fiserv Inc for $97.2 million in cash and stock (S)
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FLORIDA PAPER COMPANY TO BUY REAL ESTATE DEVELOPER
Date: 02 October 1997
By Bloomberg News
Bloomberg News
St Joe Corp agrees to buy Arvida Co, Florida residential developer, as part of St Joe's plan to transform itself from paper company into a developer; terms undisclosed (S)
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DONNA KARAN PLANS TO LICENSE BRANDS TO ESTEE LAUDER
Date: 01 October 1997
By Bloomberg News
Bloomberg News
Donna Karan International Inc says it plans to take fourth-quarter pretax charge of about $30 million and license some brands to Estee Lauder Companies in plan to restructure its ailing beauty business; says its beauty unit would lose $7 million next year without restructuring; agreement will give Estee Lauder exclusive rights to manufacture, market, sell and distribute all Donna Karan fragrances and beauty products; terms not disclosed (S)
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