Power play: after five years on the sidelines, Power Corp. joins Conrad Black in taking a stake in Southam

Article Abstract:

Power Corp, headed by Paul Desmarais, privately purchased 13 million shares valued at $180 million of Southam Inc stock. The investment is viewed as long-term and is seen by analysts as a risky one because the publishing company is struggling. Operations of Power Corp are described.

Investments, Newspaper publishing, Securities, Southam Inc., Power Corporation of Canada

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A corporate diet: CP slims down by selling off the forests

Article Abstract:

Canadian Pacific Ltd (CP) is selling its 60.7% stake in the lumber and paper products firm Canadian Pacific Forest Products Ltd to underwriters for $697.8 million. CP decided to divest the lumber firm because Canadian Pacific Forest Products has lost $1 billion since 1990.

Mergers, acquisitions and divestments, Lumber industry, Canadian Pacific Ltd., CP, Canadian Pacific Forest Products Ltd.

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Electronic war: computer makers race to create new products and cut prices in an increasingly tough market

Article Abstract:

A need to produce innovative new products and sell them at the lowest possible prices is causing turmoil in the personal computer, computer software and computer services industries. Even such giants as IBM are feeling the pressure of the intense competition.

Computer software industry, Computer industry, Software industry, Marketing, Computer services industry, Information technology services industry

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