Court clears hurdle to Time Warner Turner merger
US West failed to block Time Warner 7.5 billion deal to buy Ted Turner’s Turner Broadcasting System. Delaware court ruled no contract right to stop closing, moving the merger toward federal antitrust review. Analysts saw little immediate stock impact as regulators now focus on competition plus TCI ownership.
MENTIONED IN THIS ARTICLE
Time Warner-Turner
New York
US West
Time Warner
Ted Turner
US West Inc
Englewood
Colo
Turner’ Broadcasting System
West
William Allen
Delaware Chancery Court
U S West
TBS
Allen
Steve Lang
Time Warner’s
Delaware Court
Wall Street
Turner
Federal Trade Commission
Dennis McAlpine
Josephthal, Lyon & Ross Inc
Tele-Communications Inc
TCI
Consumers Union
Time Warner Entertainment
Warner Bros
Us$ West
CNN
Delaware
Richard McCormick
First woman wildlife head to resign due to illness
Mollie Beattie, the first woman to lead the U.S. Fish and Wildlife Service, has submitted her resignation as director because of brain cancer. Beattie, 49, has battled malignant brain tumors, missed weeks of work, and will depart after serving in the Clinton administration and expanding the refuge system. Interior Secretary Bruce Babbitt praised her as an inspiration while noting her medical condition prevents full duties.
MENTIONED IN THIS ARTICLE
Washington
Mollie Beattie
U.S. Fish and Wildlife Service
Beattie
Interior
Bruce Babbitt
Department
Babbitt
Interior Department
Natural Resource
Vermont
Clinton
Congress
Richard A. Snelling Center For Government
Vermont Agency of Natural Resources
Vermont Department of Forest Parks and Recreation
Chief posted O J humor sparks settlement in Belvedere
Belvedere California AP reports the city paid 90000 to settle complaints from three workers about jokes about O J Simpson posted by Police Chief Glenn Accornero at headquarters. Two officers and a department clerk allege retaliation after complaints. Officials deny the accusations and say the chief's stress contributed to hypertension ulcers and heart problems. He is on medical leave and may not return per City Manager Ed San Diego.
MENTIONED IN THIS ARTICLE
Belvedere
Calif
O.J. Simpson
Glenn Accornero
San Francisco Bay
Ed San Diego
Big Board names Johnston new NYSE president and COO
The New York Stock Exchange selects William R. Johnston 56 to become ident and chief operating officer effective July 1. A 32 year veteran and former vice chairman, Johnston replaces Richard A. Grasso who became chair and CEO last June. The exchange also adds Ford Motor Co. chief Alex Trotman and AIG chairman Maurice Greenberg as new directors.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
William R. Johnston
Johnston
Richard A. Grasso
Change
LaBranche & Co
The
Exchange
Alex Trotman
Ford Motor Co
Maurice R. Greenberg
American International Group Inc
Also Mentioned on This Page
HBO and
Cable Systems
National Black Chamber of Commerce
Kodiak
Alaska
O.J
Big Board
Sansabelt
Slack Sale
Piso
ROLEX
Guislip”™ Jewelers
Rolex Sales & Service
W. Wall
Midland
T.A. Taylor Insurance Agency
N. Grandview
Farmers New World Life Insurance Co
Mercer Istand WA
Odessa
Tsay
Ratt Omi
Sennonen
Liek
Burford
Photinia
Garden Gro Soaker
Farcely
W. Scharbauer
Andrew's Hwy
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