Berlitz International

Article Abstract:

Berlitz International plans to sell 67% of its stock to Fukutake Publishing Co. An Aug 1992 agreement, when consummated, would give Berlitz stockholders $21.62 for each of their shares, 0.165 share of new Berlitz common stock and a portion of the proceeds from debt obligations of Maxwell Communications Corp held by Berlitz. Arbitrageur Alpine Associates acquired 1.1 million shares of the company stock for $24.1 million, adding credence to the assumption that Berlitz's Japanese alliance was a done deal.

Business services, not elsewhere classified, Schools & educational services, not elsewhere classified, Planning, Mergers, acquisitions and divestments, Educational publishing, Berlitz International Inc., Language schools, Fukutake Publishing Company Ltd.

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Dow Jones & Co

Article Abstract:

Dow Jones and Co (DJ) reported a 58% increase in its revenues during the quarter ending Mar 1992. Anticipated earnings for the rest of 1992 may not match the strong March quarter results, according to DJ's Chmn and CEO Peter Kann. Despite forecasts of low demand for business publication circulation and advertising, DJ's 1992 earnings is expected to surpass its meager 0.3% revenue increase in 1991.

Newspapers, Publishing industry, Finance, Dow Jones & Company Inc.

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Addington Resources Inc

Article Abstract:

Standard & Poors' report on the senior and subordinated debt of the Addington Resources Inc (ADDR) spurred heavy selling of the Ashland, KY-based producer of low sulfur steam coals. ADDR VP Robert Addington sold 165,000 shares while the State of Wisconsin Investment Board sold 180,000 shares. ADDR's earnings for the first nine months of 1991 are down to 9 cents/share from $1.09/share.

Bituminous coal and lignite--surface, Prices and rates, Stocks, Reports, Securities, Stock prices, Standard & Poor's Corp., Addington Resources Inc., ADDR

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