Den 3 maj 2000 var en onsdag under stjärntecknet ♉. Det var 123 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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Date: 04 May 2000
By Andrew Ross Sorkin
Andrew Sorkin
Elisabeth Murdoch, daughter of News Corp chairman Rupert Murdoch, says she will quit British Sky Broadcasting, company her father controls, at end of June to start her own media venture in London; departure leaves her two brothers, Lachlan and James, as main rivals to head News Corp; photo (M)
Date: 03 May 2000
Committee to Protect Journalists includes Yugoslav Pres Slobodan Milosevic, Ayatollah Ali Khamenei of Iran and Foday Sankoh, Sierra Leone rebel leader, among 'Top 10 Enemies of the Press' for 2000 (S)
Date: 04 May 2000
By Bloomberg News
Bloomberg News
Brunswick Technologies Inc., a maker of industrial and construction materials, rejected a $45.9 million takeover offer from Compagnie de Saint-Gobain, Europe's biggest building-materials distributor. Brunswick said the $8-a-share offer, which was made last month by the Vetrotex CertainTeed Corporation, a unit of Saint-Gobain, undervalues the company and said it would immediately begin exploring other options to improve shareholder value. Brunswick's composite materials are used in boat, snowboard, railcar and offshore oil and gas production. Shares of the company, which is based in Brunswick, Me., rose 12.5 cents, to $8.875, in Nasdaq trading.
Date: 04 May 2000
By Bloomberg News
Bloomberg News
The Hanover Compressor Company, which compresses natural gas to make it easier to ship and store, agreed yesterday to buy the closely held Applied Process Solutions Inc., a maker of equipment for processing oil and gas, for about $67.5 million in stock. Hanover said it was expanding into gas processing, which removes impurities and other debris that come up from a well with gas, to attract more customers. Applied Process Solutions, based in Tulsa, Okla., works in North America, Europe and Asia. Applied Process Solutions expects about $95 million in sales this year.
Date: 04 May 2000
By Bloomberg News
Bloomberg News
Castle Harlan Inc., a merchant bank, has bought Gravograph Industrie International S.A., a French maker of manual and computer engraving machines, from the closely held Financiere St. Luc for about $100 million in cash. Gravograph, which has plants in Troyes, France, and Atlanta, had $95 million in sales last year. Its 650 employees produce engraving machines and software under the Gravograph and New Hermes brands. Castle Harlan Partners III, a $630 million private-equity investment fund, completed the purchase last Friday.
Date: 04 May 2000
By Bloomberg News
Bloomberg News
The Agco Corporation, the farm-equipment maker, said yesterday that it would close its plant in Independence, Mo., and dismiss about 500 workers, or 5 percent of its work force, because of a decline in demand for farm equipment. The company, the maker of Massey Ferguson equipment, said it would take a charge of about $20 million to close the plant, which is expected to cut production costs by about $10 million a year. Manufacturing will be moved to Agco's plant in Hesston, Kan., or will be contracted to third-party manufacturers.
Date: 03 May 2000
By Bloomberg News
Bloomberg News
J C Penney Co, whose shares have lost $15 billion in value in two years, says it will consider sale, joint venture and other options for its direct-marketing business; hires Credit Suisse First Boston for advice on unit (S)
Date: 03 May 2000
By Bloomberg News
Bloomberg News
Lamar Advertising Co will pay as much as $255.1 million for three companies, including Advantage Outdoor Co, that will give it 6,500 more signs in Texas, Northeast and Southeast; Lamar will assume as much as $79 million of Advantage's debt; names of other two companies being acquired undisclosed (S)
Date: 03 May 2000
By Bloomberg News
Bloomberg News
Public Storage Inc says Shurgard Storage Centers Inc has rejected its takeover bid (S)
Date: 03 May 2000
By Bloomberg News
Bloomberg News
Military newspaper Stars and Stripes is sold by National Tribune Corp to iServed.com; financial terms undisclosed; paper is separate from similarly titled newspapers published by Defense Department (S)