Cooper Industries expected to buy lighting maker

Article Abstract:

Cooper Industries Inc. is expected to purchase TLG PLC for $535 million. The move is Cooper's most recent attempt to realign its operations. TLG is a British-based lighting products manufacturer. The deal would give Cooper major European operations. For the fiscal year ending on March 31, 1998, TLG posted $648 million in revenues. The company sells its products mainly in Europe.

Comment:

Cooper Industries Inc. expected to purchase TLG PLC for $535 million

United Kingdom, Diversified Companies, Foreign operations, Company Planning/Goals, Commercial, Industrial, and Institutional Electric Lighting Fixture Manufacturing, Industrial Lighting, Cooper Industries Ltd., T.L.G. PLC

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Hicks Muse CEO sets his sights on a media empire: plan to unite TV and radio broadcasters would add to sports interests

Article Abstract:

Hicks, Muse,Tate and Furst's Thomas O. Hicks is planning for the merger of two large radio companies along with Hicks-Muse owned television company and other US and international broadcasting concerns into one giant company. Such a company would be able to offer advertisers access to a national network of television and radio outlets and possibly billboards.

Comment:

Thomas Hicks plans for the merger of 2 lg radio cos along w/ Hicks-Muse owned television co

Advertising Agencies, Agency Formation/Mergers, Hicks, Muse, Tate and Furst Inc.

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Advisers hired by Chancellor Media Corp

Article Abstract:

Its after-tax cash flow is better now than it was a year ago, but Chancellor Media Corp. is trying to find a buyer for all or part of itself even before it completes and absorbs two acquisitions. The Dallas-based media firm has retained BT Alex, Brown to advise it in such an endeavor.

Comment:

Broadcast firm looking for a buyer

Radio Broadcasting, Media Planning/Goals, Radio broadcasting stations, Radio, Mergers, acquisitions and divestments, Radio broadcasting industry, Abstract, Chancellor Media Corp., AMFM

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