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)
Spiller av tirsdag 24. desember 1996
24. desember 1996 var en tirsdag under stjernetegnet til ♑. Det var 358 dagen i året. President i USA var William J. (Bill) Clinton.
Hvis du ble født på denne dagen, er du 29 år gammel. Den siste bursdagen din var på onsdag 24. desember 2025, 187 dager siden. Din neste bursdag er torsdag 24. desember 2026, om 177 dager. Du har bodd i 10 779 dager, eller omtrent 258 711 timer, eller omtrent 15 522 698 minutter, eller omtrent 931 361 880 sekunder.
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24th of December 1996 News
Nyheter slik de dukket opp på forsiden av New York Times på 24. desember 1996
KCS ENERGY SHARES RISE AFTER TENNESSEE GAS SETTLEMENT
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)
CULBRO TO SELL $120 MILLION IN GENERAL CIGAR SHARES
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)
OM GROUP ACQUIRING U.S. INDUSTRIES' SCM SUBSIDIARY
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)
PLACER DOME OFFERS DEAL TO CANCEL STAKE IN HIGHLANDS
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)
ARTHUR ANDERSEN CHIEF SAYS FIRM WILL NOT SPLIT IN TWO
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)
GEMSTAR TO BUY STARSIGHT IN STOCK SWAP
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)
COMMERCE SECURITY TO BUY ELDORADO BANCORP
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)
NATIONWIDE FILES TO SELL SHARES IN LIFE INSURANCE UNIT
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)
Tokyo Stocks Off Sharply
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)