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November 4, 1999 | From Associated Press
DaimlerChrysler confirmed Wednesday that it plans to phase out the Plymouth brand at the end of the 2001 model year, in an effort to eliminate overlap with other Chrysler models. 'Chrysler has great momentum right now that we intend to keep going. As we move forward with our global growth strategy, Plymouth, as a U.S. brand only, did not contribute to that growth,' Chrysler President Jim Holden said in a statement.
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BUSINESS
August 3, 1999 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Riding the success of the WB, Acme Communications Inc., the owner of nine television stations affiliated with the teen broadcast network, plans to raise as much as $115 million this fall through an initial public offering of its stock. Although broadcast station groups have been trading on Wall Street at a discount to private market values, analysts say the Santa Ana-based company could break from the pack because of its affiliation with the WB.
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