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October 31, 2000

TECO commits $730-million to plants
In its biggest deal ever, the utility invests in two plants to fuel its growth in the unregulated energy market.

Winn-Dixie gobbles up Mississippi grocery
Jitney-Jungle, an 81-year-old regional chain in bankruptcy, is selling its stores at a steep discount.

Wachovia buys second-largest Florida bank
After sitting it out as its fellow North Carolina banks feasted on the choicest banks in Florida in the 1980s and 1990s, Wachovia Corp. is gobbling up one of the biggest banks remaining.

Sykes seeks to emphasize the positives
But while the company lost less than expected in the third quarter, more accounting problems arise.

Business digest
PUBLISHER, WEB COMPANY TO MERGE: Primedia Inc., publisher of Seventeen, Modern Bride and New York magazines, agreed to merge with online content provider About Inc. in a $690-million stock deal that combines old and new media.

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