Pearson says it's considering possible Madame Tussauds bids

Article Abstract:

Pearson PLC Chief Executive Marjorie Scardino is considering possible bids for Madame Tussauds waxworks museum in London, UK, which is run by the Tussauds Group Scardino. The move has been expected since Pearson acquired in May 1998, Simon & Schuster Inc.'s educational publishing business from Viacom Inc. for $4.6 billion. Aside from the Madame Tussauds waxworks museum, the Tussauds Group Scardino also runs the London Planetarium, Scenerama in Amsterdam, Netherlands, and Alton Towers theme park in England, UK.

Comment:

Chief Exec considers possible bids for Madame Tussauds waxworks museum in London, UK, which is run by Tussauds Group Scardino

Facilities & equipment, Museums & Art Galleries, Museums, Pearson PLC, Article, Tussauds Group Scardino

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Green light seen near for major defense deal

Article Abstract:

British Aerospace's (BAe) merger with Marconi Electric Systems is expected to be approved by the end of September 1999. Marconi is a subsidiary of General Electric Company PLC. The planned merger is valued at 7.7 billion euros (11.69 billion euros). The merger was announced eight months earlier. The deal is the largest merger ever in the European defense industry.

Comment:

BAe's 7.7 billion euros merger with Marconi Electric Systems expected to be approved by end of September 1999

Other Electrical Equipment and Component Manufacturing, Aircraft & Parts, Aerospace Product and Parts Manufacturing, Military Electronics, Mergers, acquisitions and divestments, Abstract, Aircraft industry, BAE Systems (Farnborough, United Kingdom), Military electronics industry, Marconi Electric Systems

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