June 24, 2000
Tech Data shipping setup quietly ends
But in the fast-changing tech world, the distributor simply moves to a different method that does not affect the bottom line.
Diller may go public with new e-commerce unit
Media baron Barry Diller says he may take his collection of interactive commerce companies public. As a first step, he wants to buy the rest of Ticketmaster Online-CitySearch.
Sixth chain joins list of bankrupt providers
Genesis Health Ventures, which has six nursing homes in the bay area, blames Medicare cuts for its problems.
Pressure builds against Kforce
A biting analyst's report, cutbacks and sluggish sales send its stock plunging. The company says it's okay.
AOL, Time Warner shareholders okay deal
Shareholders of America Online Inc. and Time Warner Inc. overwhelmingly approved their planned merger. The deal had been valued at $160-billion when it was announced Jan. 10 but lost a considerable amount of value due to a subsequent drop-off in AOL's stock price. AOL fell $2.88 to close at $53.38. Time Warner shares dropped $4.06 at $77.56. At current levels, the deal is worth $120-billion.
