June 21, 2000
Gasoline price hits a record nationally
Now appearing at a service station near you, just in time for summer vacation: higher gas prices.
Clearwater investor recovers piece of his loss
Through settlements and arbitration, Charlie Behr has recouped half of the $8-million he says he lost through fraud.
Vision Twenty-One bidder walks away from buyout
A Connecticut company has called off its acquisition of rival Vision Twenty-One Inc., leaving the future of the struggling Largo eye care company in doubt.
USA Networks, Diller will benefit from deal
New French ownership promises to be a plus for Barry Diller's USA Networks Inc. and Seagram Co.'s Universal theme parks.
On-demand video will debut soon in bay area
Time Warner's service will allow subscribers to watch movies at home at prices similar to those of video rental chains.
BRIEFLY
ADVERTISING ACQUISITION: Publicis SA of France agreed to buy Saatchi & Saatchi PLC, a U.K. advertising company, for $1.9-billion in stock. The deal gives Publicis some of the world's biggest advertisers, including Procter & Gamble Co. and General Mills Inc. Last month, WPP Group agreed to buy U.S. ad company Young & Rubicam Inc. for $4.7-billion in stock, defeating Publicis and creating the world's biggest ad company. The Publicis-Saatchi deal creates the fifth-largest firm.
