News in brief
Article Abstract:
Business news for April 1996 includes Ford Motor Co.'s investment in Mazda Motor Corp., the closure of Merry-Go-Round clothing stores, and the spin-off of Electronic Data Systems Corp. from General Motors. Other news includes IBM's planned stock buyback and United Technologies plan to shut down 4 plants.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1996
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MCI, News Corp. win satellite license
Article Abstract:
The federal government granted MCI Communications and News Corp the last remaining direct-broadcast satellite license on Jan 25, 1996. The $682 million joint-bid by the two firms topped a competing bid by Tele-Communications Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: