Murdoch reported to have bid $950 million for Britain's richest soccer club
Article Abstract:
B Sky B P.L.C. has reportedly bid $950 million for the Manchester United soccer club. Manchester's revenues of close to $45 million last year made it Britain's wealthiest soccer team. The some three million fans of Manchester United were outraged by the offer from satellite broadcaster B Sky B, which is a subsidiary of Rupert Murdoch's News Corporation Ltd. B Sky B already monopolizes broadcasting for the 20-team British Premier League of soccer teams, and owning Manchester United could strengthen Murdoch's control over British sports. The Trade and Industry Secretary said regulators would scrutinize the bid.
Comment:
The British satellite broadcaster reportedly bids $950 million for Manchester United soccer club
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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An Unsolicited Suitor Bid for Filofax
Article Abstract:
Day Runner Inc. (Irvine, CA) offered to buy Filofax for $80.5 million. The news caused Filofax stock to increase. Filofax makes a day planner that until recently was very much favored. Yet, with the advent of electronic personal digital assistants, Filofax sales have slumped. The company even tried to expand its line by offering greeting cards. Currently, Filofax worldwide sales are $63 million with $27.8 million in England and $8.6 million in the United States. Filofax had been seeking a buyer since April of this year. Day Runner makes a paper-based personal organizer.
Comment:
Day Runner Inc. offered $80.5 million for Filofax
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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BMW to get Rolls-Royce after all by acquiring the name
Article Abstract:
Volkswagen A.G. was forced to agree to hand over Rolls-Royce name in 2003 to BMW A.G. Volkswagen bought Rolls-Royce Motor Cars for $750 Million from Vickers P.L.C., but Vickers did not own the rights to the Rolls-Royce name. That license belongs to Rolls-Royce P.L.C. an aerospace concern with close ties to BMW. Rolls-Royce P.L.C. sold the Rolls-Royce name to BMW for $65 million. BMW will acquire the rights to make a new Rolls-Royce, while Volkswagen will maintain the right to make Bentleys.
Comment:
Acquired Rolls-Royce name from Volkswagen
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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