Unilever to Buy Bestfoods in $20.3 Billion Deal
Unilever agrees to acquire Bestfoods in a $20.3 billion deal creating the world’s largest food company. The merger would combine Lipton tea and Skippy peanut butter with Bestfoods brands like Hellmann’s mayo and Thomas’ English muffins, boosting combined 1999 revenue to about $52 billion. Regulatory approval in US and Europe required. expected closing by year end.
MENTIONED IN THIS ARTICLE
New York
Unilever
Bestfoods
America
Nestle
Ben & Jerry
Bestfood
Skippy
Hellman
Europe
United States
Unilever Plg
Ban & Jerry's Hamamada, Inc
Slim-Fast Foods Co
Hellmann
Noah Amanca
C and K will not move to Lorain delaying expansion plans
C&K Manufacturing and Sales Inc., a Westlake food processing and plastics firm, announced it will not relocate to Lorain for a 68,000 square foot facility amid slower projected job growth. The company planned to keep 80 workers, add 25 over five years, and had discussed a 50 percent tax break and a $300,000 revolving loan.
MENTIONED IN THIS ARTICLE
Lorain
Colorado
Sandy Prudoff
C&k Manufacturing and Sales Inc
Root Road
C&k
Community Development Department
Westlake
Robert Horn
Craig Foltin
Microsoft unveils Internet Security and Acceleration Server 2000
Microsoft Corp. rolled out Internet Security and Acceleration Server 2000 to shield business Web servers from virus attacks. The program is part of seven new Web related servers in a broader Internet services strategy announced Tuesday in Orlando Florida.
MENTIONED IN THIS ARTICLE
Orlando
Fla
Microsoft Corp
Microsoft
Opening stocks show mixed early gains in NYSE list
NYSE listed most active stocks opened with mixed early gains and declines. Names like AES, AT&T, Amoco, and Merck appear among the heavily traded, with prices fluctuating as traders react to opening bids and market tensions.
MENTIONED IN THIS ARTICLE
New York
NYSE
AMO
Ee Agtortin
Ncaao
Anny
Simoo
Maio Atholas
Lorain to negotiate for Spitzer project
Lorain will negotiate with 17 of 20 property owners in the blighted Riverside Marina area to avoid eminent domain as city officials press ahead with Alan Spitzer Great Lakes Ltd plans for 415 single family homes townhouses and condos along the Black River east of Colorado Avenue. Construction on phase one is set for fall with an estimated 85 million project price.
MENTIONED IN THIS ARTICLE
Lorain
Alan Spitzer
Craig Foltin
Safety Service
Craig Miller
Spitzer
Riverside Marina
East Erie
Arizona
California
Colorado Avenues
American Shipbuilding Go
Foltin
California Avenue
Spitzer Great Lakes Ltd
Arizona Ave
E. Erie Ave
Miller
Black River
Colorado Avenue
Microsoft response hastens break up decision
Microsoft filed a fresh response to the Justice Departments breakup plan days ahead of the ruling, urging Judge Thomas Penfield Jackson to include language granting more freedom to strike deals with software developers and computer makers. Microsoft calls the government’s changes cosmetic and argues they ignore feasibility concerns.
MENTIONED IN THIS ARTICLE
Seattle
Microsoft Corp
Justice Department
Microsoft
Department
U.S
Thomas Penfield Jackson
Jim Cullinan
Jackson
Also Mentioned on This Page
Deal
Heinz
Campbell Soup
Englewood
N.J
New York Stock Exchange
Diageo PLC
Pillsbury Baking Products
Unilever PLC
London
Selena
Englewood Clifta
Mike Sakal
The
Chronicle-Telegram
Los Angeles Times
SAAD
Desray
Enron
ENSCO
ATM Helben
Ody Tidasoo
HonwOps
el Os Lei
Waar
John Zal
Kat Koehler
Kalogg
Kroger Lstloys
Lanxinae
Ureub
Lowes Cowcent
Merial
Medics
Menon Fnc
Herc
Mery
Wacront & Msowrs
Morris
Wyn
NablecoGp
Nebat
Bolys
US West
US Banco Oo
Vie
Vishay
Akin Investment Securities
Walnut Street Securities, Inc
NASD
SIPC
AISGG
Assal Managers
WSS
Alltell
American Greetings
WB Ames Dept
Bob Evana
Cedar Fair
Cleveland Indians
Columbia Energy Group
CVS Corp
DaimterChrystal
Emerson Electric
Englehard
Firat Energy
FiratMount Bancorp
Ford Motor
General Motors
Geon
Bfgoodrich
Guest Supply
Honeywell, Inc
Irvacare Corp
Kancorp
Lear Sealing
LNB Bancorp
Lesco
Limited
Northson Corp
Northam Savings
Office Max
PNC Corp
Parker Hamnuin
Aapm Inc
Royal Appliance
Sherwin Willams
Sky Financial Group
Suckers
Storis
Sunrise Medical
TRW
USK
York International
Sweet
Peter Waters
Irene
Hearts & Flowers Candy Inc
Chicago
Hicksville
N.Y
Monet
North America
Spitzer Project
Riverfront
Gene's Marine Sales and Service
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