MCDONALD'S TO DROP PRICE OF BREAKFAST SANDWICHES
Date: 03 April 1997
By Bloomberg News
Bloomberg News
McDonald's Corp will begin to sell breakfast sandwiches for 55 cents on April 4, kicking off price-cutting campaign the company is counting on to increase its sluggish US sales (S)
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LOCKHEED MARTIN SAYS IT WILL SELL STAKE IN 10 BUSINESSES
Date: 04 April 1997
By Bloomberg News
Bloomberg News
Lockheed Martin Corp to sell controlling stake in 10 aerospace and military communications businesses to investment group led by Lehman Brothers Holdings Inc; transaction is valued at $525 million (S)
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MEDICAL RESOURCES TO BUY U.S. DIAGNOSTIC
Date: 04 April 1997
By Bloomberg News
Bloomberg News
Medical Resources Inc agrees to buy US Diagnostic Inc for $212.5 million, combining two largest operators of medical-imaging centers in US (S)
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KOHLBERG KRAVIS TO INVEST IN TEXAS GROCERY CHAIN
Date: 04 April 1997
By Bloomberg News
Bloomberg News
Kohlberg Kravis Roberts & Co will invest $225 million in Randalls Food Markets, getting majority stake in closely held grocery store chain; Randalls operates 70 Randalls stores and 51 Tom Thumb stores (S)
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AMERICAN GREETINGS SAYS IT IS STILL INTERESTED IN RIVAL
Date: 04 April 1997
By Bloomberg News
Bloomberg News
American Greetings Corp chief executive Morry Weiss says his company remains interested in buying rival, Gibson Greetings Inc, a year after its acquisition bid failed; Gibson's president-chief executive Frank O'Connell declines comment (S)
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McKESSON SELLS PRODUCT DISTRIBUTOR FOR $60 MILLION
Date: 04 April 1997
By Bloomberg News
Bloomberg News
McKesson Corp sells its Millbrook Distribution Services Inc unit to RAB Holdings Inc for about $60 million (S)
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ST. LAURENT PAPERBOARD TO BUY CHESAPEAKE ASSETS
Date: 03 April 1997
By Bloomberg News
Bloomberg News
St Laurent Paperboard Inc agrees to buy paper mill, four plants and other assets from Chesapeake Corp for about $508 million (S)
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Filipacchi Shares Fall After Takeover Offer
Date: 04 April 1997
By Bloomberg News
Bloomberg News
Shares of Filipacchi Medias plunge 14.7 percent after offer by Lagardere Groupe to take control of Filipacchi valued its shares at sharp discount to closing share price on April 2 (S)
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Sumitomo Bank Reduces Its Profit Estimate
Date: 04 April 1997
By Bloomberg News
Bloomberg News
Sumitomo Bank Ltd cuts its pretax profit forecast 37.5 percent to 50 billion yen ($472.35 million) for year ended on March 31; for the year, Sumitomo will report about 35 billion yen in profit, down from initially projected 60 billion yen (S)
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Thai Finance Companies Plan to Merge
Date: 04 April 1997
By Bloomberg News
Bloomberg News
Three Thai finance companies say they will merge into 140 billion baht ($5.4 billion) commercial and investment bank as part of Government drive to reorganize country's finance industry; Nava Finance and Securities, CMIC Finance and Securities and Thaimex Finance and Securities say they will separate brokerage and lending operations of the new company (S)
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