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NEWS
July 26, 1997 | ROBERT L. JACKSON, TIMES STAFF WRITER
One year after a pipe-bomb exploded in a crowded park during the 1996 Olympic Games in Atlanta, FBI agents seem no closer to solving the crime. Although they have pursued more than 13,000 leads resulting from public appeals for information, no arrests have been made. In fact, their only suspect so far proved to be a public relations disaster. That was Richard Jewell, a 34-year-old private security guard who was hounded by the media until he was officially cleared three months later.
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BUSINESS
March 28, 1997 | JAMES F. PELTZ, TIMES STAFF WRITER
Closing one of the worst flops in corporate-merger history, Quaker Oats Co. agreed Thursday to sell Snapple Beverage Corp. to Triarc Cos. for $300 million, only 27 months after Quaker spent $1.7 billion to buy the maker of trendy drinks. The Quaker-Snapple fiasco joins such ill-fated business marriages as AT&T Corp. and computer maker NCR and General Electric Co. and defunct brokerage house Kidder, Peabody & Co.
BUSINESS
July 1, 2005 | From Associated Press
AT&T Corp. shareholders approved the company's $16-billion acquisition by SBC Communications Inc., which would create one of the world's largest phone companies. The merger has won regulatory approval in 26 states and still needs OKs from 10 additional states and the federal government. If it is approved, closing is expected late this year or early next year.
BUSINESS
June 22, 2004 | From Reuters
Mexico issued new telecommunications regulations to boost competition in the international long-distance market, seven years after it was opened to foreign companies such as MCI Inc. and AT&T Corp. The rules come three weeks after the United States and Mexico resolved a long-running dispute over international telecommunications services. The new rules entitle phone companies to negotiate fees to finish calls abroad with foreign companies of their choice.
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