AMERICAN BANKERS INSURANCE TO TALK WITH CENDANT
Date: 18 March 1998
By Bloomberg News
Bloomberg News
American Bankers Insurance Group will start talks with Cendant Corp over Cendant's tender offer of $67 a share, or $3.1 billion; that tops $58-a-share that American International Group Inc agreed to pay (S)
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SUN MICROSYSTEMS TO PROVIDE DATA IN MICROSOFT INQUIRY
Date: 18 March 1998
By Bloomberg News
Bloomberg News
Sun Microsystems Inc, enmeshed in court battle over its Java software language with Microsoft Corp, has been asked to provide information to Justice Department in continuing antitrust investigation of Microsoft's business practices (S)
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3COM TO CUT 380 JOBS AND REPLACE A TOP EXECUTIVE
Date: 19 March 1998
By Bloomberg News
Bloomberg News
The 3Com Corp says it will lay off 380 workers at two Chicago-area plants and that John McCartney, president of 3Com's client access business unit, will leave company next week (S)
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THOMSON TO SPIN OFF ITS BRITISH TRAVEL BUSINESS
Date: 19 March 1998
By Bloomberg News
Bloomberg News
Thomson Corp will sell its British travel business in initial public offering to focus on providing business and legal information; analysts say transaction could raise as much as $1.5 billion pounds ($2.5 billion) for company (S)
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INTERNATIONAL GAME BUYS SLOT UNIT FOR $70 MILLION
Date: 18 March 1998
By Bloomberg News
Bloomberg News
International Game Technology buys slot machine business of Bass PLC for about $70 million (S)
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TWINLAB TO PAY $55 MILLION FOR JONES MEDICAL UNIT
Date: 18 March 1998
By Bloomberg News
Bloomberg News
Twinlab Corp will buy Bronson Nutritional division of Jones Medical Industries for $55 million in cash (S)
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SIEMENS DEAL COULD BRING MCI $2.1 BILLION IN BUSINESS
Date: 19 March 1998
By Bloomberg News
Bloomberg News
Siemens AG unit and MCI Communications Corp sign five-year agreement that could bring $2.1 billion in business to MCI, No. 2 United States long-distance company (S)
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CONTINENTAL TO BUY 15 BOEING 737-900'S FOR $810 MILLION
Date: 19 March 1998
By Bloomberg News
Bloomberg News
Continental Airlines Inc will buy 15 Boeing 737-900 planes worth about $810 million as it replaces older aircraft and tries to cut costs; says it has arranged new options on another 25 planes (S)
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Credit Card Delinquency
Date: 18 March 1998
By Bloomberg News
Bloomberg News
American Bankers Assn says percentage of credit card holders behind on their payments fell at end of 1997 to three-year low; reports 3.04 percent of credit card accounts were delinquent in fourth quarter, down from 3.53 percent in third quarter (S)
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France Telecom Returns To Profitability
Date: 19 March 1998
By Bloomberg News
Bloomberg News
France Telecom SA says it returned to profitability in second half of 1997; company earned 6 billion francs ($980 million) in latest six-month period, compared with loss of 4.2 billion francs in year-earlier period (S)
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