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Date: 11 September 1998
By Bloomberg News
Bloomberg News
Shares of Young Broadcasting Inc plunge after company, which owns a dozen television stations, says it is no longer for sale because it unlikely to fetch high enough price; shares fall $11.50, to close at $34.50 (S)
Date: 11 September 1998
By Bloomberg News
Bloomberg News
Wassall PLC offers 351 million pounds ($582 million) to buy TLG PLC, exceeding earlier bid of 321 million pounds from Cooper Industries; Wassall is asking TLG to withdraw its recommendation that shareholders accept Cooper offer (S)
Date: 11 September 1998
By Bloomberg News
Bloomberg News
First Consulting Group Inc agrees to acquire Integrated Systems Consulting Group Inc for stock valued at $123.8 million (S)
Date: 11 September 1998
By Bloomberg News
Bloomberg News
Jones Apparel Group Inc will acquire clothing maker Sun Apparel Inc, which holds license for Polo Jeans Co clothing, for $212 million in cash and stock (S)
Date: 10 September 1998
By Bloomberg News
Bloomberg News
FBOP Corp agrees to buy Calumet Bancorp for $111.6 million (S)
Date: 10 September 1998
By Bloomberg News
Bloomberg News
Westvaco Corp to acquire 45 percent stake in packaging plant in Guangzhou, China, for about $25 million from Shorewood Packaging Corp; Shorewood, will own remaining 55 percent of plant (S)
Date: 10 September 1998
By Bloomberg News
Bloomberg News
Maytag Corp says third-quarter earnings will beat estimates (S)
Date: 11 September 1998
By Bloomberg News
Bloomberg News
Utilicorp United Inc will pay $206 million to increase its stake in Power New Zealand Ltd; Utilicorp will increase its ownership to 78.6 percent from 37.5 percent; will buy shares from Mercury Energy Ltd and WEL Energy Group Ltd (S)
Date: 10 September 1998
By Bloomberg News
Bloomberg News
Bank of New York Co names Gerald Hassell president and member of the board; he replaces Thomas A Renyi as president; Renyi remains chairman and chief executive (S)
Date: 10 September 1998
By Bloomberg News
Bloomberg News
Stock of Firstcity Financial Corp falls to all-time low after company says it will add $10 million to $14 million to its loan loss reserves in third quarter as low interest rates prompt borrowers to pay off loans faster than exepcted (S)