Seven tosses in sea of speculation

Article Abstract:

Seven Network, the television network, and PMP Communications, a periodicals publisher, may be planning a cross-shareholding or full merger to stave off rival investors. Potential investors may include Kerry Packer's Publishing and Broadcasting Ltd. and Rupert Murdoch's News Corporation. A Seven-PMP merger would be a one-for-two swap. Seven is capitalized at $1.5 billion and PMP at $800 million. A merger would allow the two companies to cross-promote TV programs and magazines, as well as improve Seven's dividend yield. On June 11, 1999, Seven will complete its 20% share buyback.

Television Broadcasting, Television broadcasting stations, Periodicals, Periodical Publishers, TV Networks, Publishing industry, Mergers, acquisitions and divestments, Television broadcasting industry, Periodical publishing, Television networks, Seven Network Ltd., PMP Communications

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The seven deadly sins of business

Article Abstract:

Corporate Australia has been having some troubles as of late and many of these are because of human failings. The seven deadly sins have all managed to work their way into the business arena. They are pride, sloth, gluttony, greed, envy, lust, and anger.

Business, Analysis, Management, Corporations, Deadly sins, Seven deadly sins

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Telstra's black friday?

Article Abstract:

Australian Competition & Consumer Commission (ACCC) is planning to take submissions for a mobile-phone and directions on the accounting separation of Telstra's wholesale and retail business. This decision would help raise competition and reduce prices.

Legal issues & crime, Government regulation (cont), Government regulation, Communications, Broadcasting and Telecommunications, Telephone Communication, Legal/Government Regulation, Laws, regulations and rules, Telecommunications services industry, Telecommunications industry, Communications industry, Powers and duties, Telstra Corporation Ltd., Australia. Competition and Consumer Commission

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