Motorola stock falls on deal reports

Article Abstract:

Motorola Inc's shares dropped 9% as a result of news that the company is discussing a possible $10-billion acquisition of cable set-top manufacturer General Instrument Corp. The deal would allow Motorola, a leader in making cell phones, computer chips and modems, to make a foray into broadband services and gain a market for the chips it produces for cable boxes. On the other hand, General Instrument would gain access to Motorola's more well-known brand and experiences in retail distribution and manufacturing.

Other Electronic Component Manufacturing, Electronic Components NEC, General Instrument Corp.

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FTC may delay vote on AOL deal

Article Abstract:

The Federal Trade Commission (FTC) on Nov 9, 2000 may postpone its vote on the proposed $130-billion merger between America Online Inc (AOL) and Time Warner Inc. On Nov 8, the FTC and the two companies failed to agree on conditions that would prevent the merged AOL-Time Warner from discriminating against rival Internet service providers (ISP) and content distributors. AOL is the leading ISP in the world and Time Warner is the biggest media company.

Government regulation (cont), Merger Regulation, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Internet service providers, Acquisitions and mergers, Time Warner Inc., Corporation law

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Ameritech, SBC deal expected to close soon

Article Abstract:

SBC Communications Inc's $60-billion acquisition of Ameritech Corp is expected to be finalized soon, with the Federal Communications Commission (FCC) anticipated to grant its approval to the merger without demanding major changes. In June 1999, SBC and the FCC reached an agreement concerning merger concessions that include opening SBC's local markets to competition and SBC keeping its promise to compete outside its local market.

Ameritech Corp.

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