Liberty Will Not Intrude on Dodger Sale
Date: 30 September 1997
Liberty Media Corp says it will not interfere with purchase of Los Angeles Dodgers by its cable sports partner, News Corp's Fox Broadcasting group, by asserting right to half ownership in team; such a move would jeopardize sale of Dodgers with Major League Baseball's ownership committee, which must approve sale (S)
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IRON MOUNTAIN IN DEAL FOR ARCUS GROUP
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Iron Mountain Inc agrees to acquire Arcus Group Inc for $160 million; this is 19th agreement Iron Mountain has initiated this year (S)
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WESTERN PACIFIC AND FRONTIER CANCEL ACQUISITION PLANS
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Western Pacific Airlines Inc and Frontier Airlines Inc say they have canceled merger plans, citing 'cultural differences'; deal had been valued at $33.6 million; airlines say they will also end code-sharing arrangement that allows passengers to book flights to cities served by the other airline (S)
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SAUDI PRINCE BUYS STAKE IN DONNA KARAN INTERNATIONAL
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Prince Walid bin Talal, Saudi billionaire, purchases 7 percent stake in Donna Karan International Inc for about $20 million (S)
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Australia Prices Stake In Telecommunications
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Australia, one of several countries selling all or part of their telecommunications carriers, is asking for between $8.6 billion and $10.2 billion (US) for one-third of Telstra Corp (S)
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Rival Buying Burger Kings
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Grand Metropolitan PLC is planning to sell 8 of its 15 Burger King outlets in France to McDonald's Corp; terms not determined; Grand Met said earlier in year that Burger King would quit operating in France (S)
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Bankers Trust to Buy Stake in Nippon
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Bankers Trust New York Corp buys option that allows it to buy as much as $124 million of shares of Nippon Credit Bank Ltd of Japan in three years; two companies also say they will buy between $8 million to $16.5 million in each other's shares (S)
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Metals USA Makes Deals for 4 Companies
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Metals USA Inc, formed in July through merger of eight companies, buys four metal-processing and distribution companies with combined annual revenue of $250 million, increasing its sales and geographic reach; terms not disclosed; acquired companies are Jeffreys Steel, Meier Metal Servicenters, Harvey Titanium and Federal Bronze Products (S)
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Metro Business; New Plaza Hotel Owner
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Great Eagle Holdings Ltd, commercial property and hotel company in Hong Kong, says that it has signed letter of understanding with Prince Walid bin Talal of Saudi Arabia to pay about $40 million for half his interest in several hotels (S)
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Natural Gas Prices Fall 7.6% On Warm Forecast for U.S.
Date: 30 September 1997
By Bloomberg News
Bloomberg News
Natural gas futures fall sharply on forecast of warm weather for coming week; in other markets, silver soars to six-month high and copper rises (M)
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