Disney announces $19 billion Capital Cities/ABC purchase; Westinghouse to buy CBS Inc. television network
Article Abstract:
Walt Disney Co's $19 billion acquisition of Capital Cities/ABC Inc on Jul 31, 1995, was viewed favorably by stock analysts, and will create the world's largest entertainment firm. Westinghouse Electric's offer to acquire CBS for $5.4 billion on Aug 1, 1995, is subject to FCC approval.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
EU sets worldwide British beef ban; Britain suggests partial herd slaughter
Article Abstract:
The perceived threat of transmission of 'mad cow disease' from cows to humans caused the European Union to ban export of any beef products from Britain. Similarities between bovine spongiform encephalopathy and Creutzfeldt-Jakob disease raised public concerns.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Signal facilitation: a policy response to asymmetric information. Federal Financial Support of the Defense Industry
- Abstracts: The turnaround survival guide. Locking on to teamwork
- Abstracts: Pool prices, contracts and regulation in the British electricity supply industry
- Abstracts: President outlines fall agenda. Clinton takes oath of office as the 42nd U.S. president; Gore sworn in as vice president
- Abstracts: Business: General Motors sets EDS split-off. Amman economic summit sets further regional ties