Subject: What's News -- Business and Finance
Date: Published: 7/22/88 27 lines
Source:  WALL STREET JOURNAL. Copyright Dow Jones & Co. Inc. 

   What's News -- 
   Business and Finance

   MACMILLAN RECEIVED a takeover bid from London-based
Maxwell Communication of $80 a share, or $2.32 billion.  The
offer tops a $75-a-share bid launched Monday by the Robert
Bass Group.  Macmillan's shares jumped $4.25, to $82.875, on
speculation an even higher offer would emerge for the
publisher.
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[60 lines irrelevant to AIDS have been removed. -- sysop]
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   Imreg is being investigated by the House in connection
with its experimental drug for AIDS. The firm's stock plunged
on the news.
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[14 lines irrelevant to AIDS have been removed. -- sysop]

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