National Briefing | Rockies: Montana: Governor Curbs News Interviews
Date: 22 May 2002
By Timothy Egan (NYT)
Timothy NYT
Montana Gov Judy Martz, saying that certain reporters are writing misleading stories on her, will no longer grant interviews to some beat reporters; photo (S)
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World Business Briefing | Europe: Britain: Broadcaster Declines Share Buyback
Date: 21 May 2002
By Desmond Butler (NYT)
Desmond NYT
British Sky Broadcasting Group, controlled by Rupert Murdoch's News Corp, says its attempt to exercise put options, which would force insolvent KirchpayTV to buy back BSkyB's 22 percent stake for $1.5 billion is rejected (S)
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Piazza Responds to Gossip Column
Date: 22 May 2002
By Rafael Hermoso
Rafael Hermoso
New York Mets catcher Mike Piazza, center of gossip column alleging star player on Mets is gay, tells press that he is heterosexual (M)
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BORGWARNER RAISES ITS PROFIT FORECAST
Date: 22 May 2002
By Bloomberg News
Bloomberg News
BorgWarner Inc, leading maker of automatic-transmission parts for cars and trucks, raises its profit forecast for second quarter and for year (S)
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KOHL'S PLANS TO INCREASE NUMBER OF STORES BY 27%
Date: 22 May 2002
By Bloomberg News
Bloomberg News
Kohl's Corp plans to open 112 department stores from third quarter through next year, expanding by 27 percent, to enter new markets; plans to add 32 stores in third quarter and another 80 next year (S)
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FAIRCHILD DORNIER ALLOWED TO SHIFT BANKRUPTCY FILING
Date: 22 May 2002
By Bloomberg News
Bloomberg News
Fairchild Dornier Corp is granted permission by Federal Bankruptcy Judge Stephen S Mitchell to switch its bankruptcy proceedings from Chapter 7, which calls for liquidation, to Chapter 11, which allows for reorganization (S)
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PRESCRIPTION MANAGER RAISES PROFIT FORECAST FOR YEAR
Date: 21 May 2002
By Bloomberg News
Bloomberg News
MIM Corp, which manages prescription drug benefits for insurance companies and health care providers, raises its profit forecast for year; expects sales of $620 million this year, 36 percent increase from $456.7 million in 2001 (S)
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ICAHN OFFERS $13.50 A SHARE FOR MORTON'S GROUP
Date: 22 May 2002
By Bloomberg News
Bloomberg News
Financier Carl C Icahn offers shareholders of Morton's Restaurant Group $13.50 per share in bid to gain control of company; offer valued at $56.6 million; Castle Harlan Inc has offered $12.60 per share, or $52.8 million (S)
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QUANTA SERVICES AND AQUILA SETTLE PROXY FIGHT
Date: 21 May 2002
By Bloomberg News
Bloomberg News
Quanta Services reaches agreement that will end hostile bid by Aquila, energy trader that is its largest shareholder, to control Quanta's board; Aquila will end its proxy contest for control of board and will withdraw all litigation and arbitration; also agrees not to buy Quanta's shares on open market or begin another fight for control of board (S)
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MAKER OF HEFTY BAGS AGREES TO BUY PACKAGING COMPANY
Date: 21 May 2002
By Bloomberg News
Bloomberg News
Pactiv Corp acquires Winkler Forming for about $72.5 million to expand its wholsale bakery, confectionery and fresh-produce packaging business (S)
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