News Corp.'s Heritage Bid Faces Problem
Date: 29 July 1997
By Bloomberg News
Bloomberg News
Justice Department antitrust division office to recommend challenge of News Corp's plan to buy Heritage Media Corp, deal that would combine two largest rivals in market for supermarket coupons and promotions; companies agree to extend antitrust review period (S)
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In the Murdoch-Levin dispute, money talked.
Date: 28 July 1997
By Lawrie Mifflin
Lawrie Mifflin
Time Warner Inc's surprise decision to give News Corp's Fox News Channel access to its New York City cable television systems and many of its other cable systems around nation comes despite series of legal victories by Time Warner; has spurred number of theories, but results mainly from News Corp head Rupert Murdoch's willingness to pay high price for access; drawing (M)
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'Euroskeptics' Offer Lesson in Playing Politics on the World Wide Web
Date: 28 July 1997
By Edmund L. Andrews
Edmund Andrews
'Euroskeptic' groups, which oppose European Union and common currency, have emerged as one of most pugnacious political movements on Internet; groups have wildly different goals and styles, but their World Wide Web sites are now tightly linked; have created textbook example of how political groups ignored by media can use Web as political tool; table (M)
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At Palestinian Papers, Money Is as Elusive As Freedom
Date: 28 July 1997
By Judith Miller
Judith Miller
Arabic-language Palestinian newspapers struggle for survival in face of political turmoil, censorship by Israelis, intimidation by Palestian Authority, soaring paper and printing costs and fierce competition among leading dailies; Palestinian press law ostensibly guarantees free press, but self-censorship is often more insidious than official control; editors say toughest challenges are economic; photos (M)
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ZYGO TO ACQUIRE DIGITAL INSTRUMENTS FOR $220.5 MILLION
Date: 29 July 1997
By Bloomberg News
Bloomberg News
Zygo Corp to buy Digital Instruments Inc for $220.5 million in stock (S)
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GATEWAY 2000 PRESIDENT RESIGNS TO HEAD VENTURE FUND
Date: 29 July 1997
By Bloomberg News
Bloomberg News
Richard Snyder resigns as Gateway 2000 Inc president and chief operating officer to head venture capital funds; will remain director (S)
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RODALE PRESS AGREES TO ACQUIRE NEW WOMAN MAGAZINE
Date: 29 July 1997
By Bloomberg News
Bloomberg News
Rodale Press to acquire New Woman magazine from K-III Communications Corp; will end cigarette and hard-liquor advertisements when it takes control (S)
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DISNEY TO SELL 8 NEWSPAPERS FOR $185 MILLION
Date: 29 July 1997
By Bloomberg News
Bloomberg News
Walt Disney Co to sell eight Oregon newspapers to Lee Enterprises Inc for about $185 million; will sell group of shoppers, free-circulation newspapers, to Harte-Hanks Communications for $104 million; Lee deal also includes shopper and specialty publication group that covers eight markets in four states (S)
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Stocks Higher in Japan
Date: 28 July 1997
By Bloomberg News
Bloomberg News
Nikkei index of 225 Japanese stock issues rises 185.72 points, to 20,575.26 (Mon, 7/28) (S)
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Current-Account Deficit Falls in South Korea
Date: 29 July 1997
By Bloomberg News
Bloomberg News
South Korea's current-account deficit fell 73 percent in June, to $360 million (S)
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