Spiller av fredag 20. juni 1997

20. juni 1997 var en fredag under stjernetegnet til . Det var 170 dagen i året. President i USA var William J. (Bill) Clinton.

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20th of June 1997 News

Nyheter slik de dukket opp på forsiden av New York Times på 20. juni 1997

ARCHER DANIELS TO PURCHASE ED&F MAN'S COCOA UNIT

Date: 21 June 1997

Archer Daniels Midand to purchase ED&F Man Group PLC's cocoa unit for $223 million in cash and debt; US company would become world's largest cocoa processor (S)

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BAY NETWORKS AGREES TO BUY RAPID CITY COMMUNICATIONS

Date: 20 June 1997

Bay Networks Inc agrees to acquire Rapid City Communications for $155 million in stock (S)

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MAGELLAN AEROSPACE TO ACQUIRE ROLLS-ROYCE SUBSIDIARY

Date: 20 June 1997

Magellan Aerospace Corp agrees to acquire Bristol Aerospace Ltd from Rolls-Royce Industries Canada Inc for $44.9 million (S)

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VENCOR AND TRANSITIONAL TO MERGE IN $639 MILLION DEAL

Date: 20 June 1997

Transitional Hospitals Corp agrees to be acquired by Vencor Inc for $639 million, and ends merger talks with Select Medical Corp, whose offer was lower than Vencor's (S)

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BELCO OIL GETS 14.9% STAKE IN HUGOTON ENERGY

Date: 21 June 1997

Belco Oil & Gas Corp acquires 14.9 percent stake in Hugoton Energy Corp, for about $31 million (S)

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CPC INTERNATIONAL TO REVAMP FOOD BUSINESS

Date: 20 June 1997

CPC International Inc says it will reorganize its consumer food business, resulting in job cuts and second-quarter charge of $155 million; says it will take additional charge of $65 million for cost of spinning off its corn-refining business (S)

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WHEELABRATOR'S PARENT SEEKS REST OF SHARES

Date: 21 June 1997

Wheelabrator Technologies confirms that parent, Waste Management Inc, has offered to acquire 33 percent of Wheelabrator it does not already own (S)

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EMI SHUTTING 2 NEW YORK-BASED RECORD LABELS

Date: 21 June 1997

EMI Group will shut down two New York-based record labels, EMI Records and Enclave Records, and dismiss 140 employees; British company will take $191-million charge, as part of reorganization (S)

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CINEPLEX ODEON IN TALKS TO MERGE WITH SONY

Date: 21 June 1997

Cineplex Odeon Corp confirms talks to merge with Sony Corp's Loews Theaters; deal would create second-largest theater chain in North America, with more than 2,400 screens in US and Canada; Cineplex is 42 percent owned by Charles R Bronfman groups; Carmike Cinemas has more than 2,500 screens (S)

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AMERICAN GREETINGS SELLING 2 CONSUMER PRODUCTS UNITS

Date: 20 June 1997

American Greetings Corp to sell its Acme Frame Products and Wilhold subsidiaries to Newell Co; terms not disclosed (S)

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