The newspaper industry is thriving, but several projects are exploring danger signs.
Date: 21 July 1997
By Iver Peterson
Iver Peterson
Newspaper industry is thriving as a business, but some industry leaders wonder how well newspapers inform; various newspaper associations have launched studies to try to plumb some underlying problems of daily journalism and its relationship to country and readers; are unified in their sense that journalism as it is practiced today is headed for trouble; cite declining circulation and readership, polls that show rising disdain for news media and aging readership; drawing (M)
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Crusading TV Station Is the City's Daytime Drama
Date: 22 July 1997
By Calvin Sims
Calvin Sims
Scores of journalists and thousands of supporters hold vigil at studios of Latina TV in Lima, Peru, to thwart possible raid by soldiers as part of Government crackdown on news organizations that broadcast reports critical of Pres Alberto K Fujimori; Government threatened to strip Israeli-born owner, Baruch Ivcher, of citizenship after investigative reports that exposed torture and corruption in military and illegal wiretapping by national intelligence agency; station was once guarded by Fujimori's soldiers after leftist guerrillas bombed it five years ago; photo (M)
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Fantasy Sports Gets New Site On the Web
Date: 21 July 1997
By Nzong Xiong
Nzong Xiong
CNN and Sports Illustrated enter joint venture on World Wide Web called SportSim, free fantasy sports environment where players can pit their 'dream team' against teams concocted by other players (S)
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OMNIQUIP TO BUY FIGGIE INTERNATIONAL'S SNORKEL UNIT
Date: 22 July 1997
By Bloomberg News
Bloomberg News
Omniquip International Inc will acquire Figgie International Inc's Snorkel unit for $150 million and assumed debt (S)
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COMPUTERVISION SELLS ITS HARDWARE UNIT TO CVSI
Date: 22 July 1997
By Bloomberg News
Bloomberg News
Computervision Corp sells its product hardware unit to CVSI Inc for $42.6 million in cash and debt and will take a $45 milllion charge to shift its focus to selling only software; part of charge will pay for unspecified job cuts (S)
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PLY-GEM TO END HICKS, MUSE PACT AND GO WITH NEW BIDDER
Date: 22 July 1997
By Bloomberg News
Bloomberg News
Ply-Gem Industries plans to end agreement to be purchased by Hicks, Muse, Tate & Furst Inc and will instead accept higher offer of $271 million from unidentified bidder (S)
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Norsk Hydro Says Pretax Profit Fell 5%
Date: 22 July 1997
By Bloomberg News
Bloomberg News
Norsk Hydro AS says second-quarter pretax profit fell 5 percent, to 2.664 billion kroner ($342.5 million), from 2.814 billion kroner in year-earlier quarter; sales rose 16 percent, to 25.042 billion kroner, and operating profit rose 7.5 percent, to 2.830 kroner (S)
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P.& G. Will Acquire Concern in Mexico
Date: 22 July 1997
By Bloomberg News
Bloomberg News
Procter & Gamble Co agrees to buy tissue-products unit from Mexican holding company, Grupo Carso, for $170 million (S)
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Taiwan Company Considers a Stock Swap
Date: 22 July 1997
By Bloomberg News
Bloomberg News
Chunghwa Telecom Co, which is owned by Taiwan's Ministry of Transportation and Communication, says it has begun talks to swap shares with Hong Kong Telecommunications Ltd; investment in Hong Kong Telecom will help Taiwan expand in Asia (S)
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Alex. Brown Deal Cleared
Date: 22 July 1997
By Bloomberg News
Bloomberg News
Federal Reserve clears way for Bankers Trust New York Corp to purchase Alex Brown & Sons for $1.64 billion in stock--one of biggest acquisitions of securities firm by American bank (S)
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