Broadcast stocks surge on ABC takeover bid
News of American Broadcasting Cos agreeing to be bought by Capital Cities Communications for 3.5 billion in cash and securities sent broadcast stocks soaring. Analysts say FCC rule changes enabling more TV stations may foster friendly mergers, lifting CBS, RCA and others. CBS jumped sharply as traders watched the week’s activity.
MENTIONED IN THIS ARTICLE
New York
American Broadcasting Cos
Capital Cities Communications Inc
Wall Street
CBS Inc
RCA Corp
NBC
Federal Communications Commission
Standard & Poor’s Corp
CBS
ABC
Capital Cities
RCA
Storer Communications Inc
New York Stock Exchange
Realtors Attend Spring TAR Meeting Del Rio Update
Two New Braunfels realtors Doyle Krueger and Bernard Boarnet joined eighty participants at the Spring Regional Texas Association of Realtors meeting in Del Rio. Speakers included G E Irby on new contracts and TAR programs, with Jim Sawyer and Bob Wertheimer sharing TAR updates. Other items note Glyn Goff's appointment to the Texas School Auditors Association committee and Diet Center trainings led by Linda Dorrance introducing the Image One program. Stan A Cunningham announced Edward D Jones & Co’s 800th office, with Bachmann highlighting firm growth and historic milestones.
MENTIONED IN THIS ARTICLE
New Braunfels Realtors
Texas Association of Realtors
del Rio
Doyle Krueger
Bernard Boarnet
New Braunfels Board of Realtors
G.E. Irby
TAR
Jim Sawyer
Bob Wertheimer
Ciudad Acuna
Mexico
New Braunfels
Diet Center
Linda Dorrance
Dallas
Sybil Ferguson
Also Mentioned on This Page
Bond Buyer Index
Chicago Tribune
Commodity Futures Index
Commodity Research Bureau
Treasury
Herald-Zeitung
Krueger
Boarnet
Goff
Dorrance
J.J. Goldman
Houston
Southwest
United States
Canada
Edward D Jones
Stan A. Cunningham
Edward D. Jones & Company
Bachmann
Edward D. Jones & Co
Missouri
America
St. Louis
Maryland Heights
Eagles
Richard Seidel
Pol
Frostwood
Coleman, Dalrymple Schuler
Elley
CPA
Herald. Zeitung
Richard Veglia
Podiatrist
N. Walnut
New Braunfels National Bank
SASA
Sasa An
Anphrd
Landa
Texas
FSLIC
San Antonio Savings Association
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