VNU buys AC Nielsen in £2.3bn deal
18 Dec 2000
Dutch publisher and internet company VNU has agreed to buy US market research company AC Nielsen in a 2.3bn cash deal which is expected to close by the first quarter of 2001.
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Reuters ditches plans for online brokerage product
21 Dec 2000
News and information company Reuters has scrapped plans for a retail version of its online brokerage system Instinet.
Agency.com axes 190 jobs in cost-cutting strategy
18 Dec 2000
New-media consultancy Agency.com has axed 32 jobs in the UK and an additional 158 worldwide in a global cost-cutting strategy following a fall in demand for interactive consultancy from blue-chip companies.
GlaxoSmithKline merger gets US approval
18 Dec 2000
The 130bn merger between drugs giants Glaxo Wellcome and SmithKline Beecham has been approved by US anti-trust regulator, the Federal Trade Commission.
Express websites sold for £1 as United cuts back
15 Dec 2000 | by by Louise Banbury
LONDON - Richard Desmond, the new owner of Express Newspapers, has sold the company’s four websites to a stockbroker for the nominal price of £1. The news came as United News & Media announced plans to halve its online investment.
Razorfish shares plummet on earnings warning
13 Dec 2000 | by Louise Banbury
Shares in US internet services company Razorfish slumped sharply during after-hours trading last night after the company warned that its fourth-quarter earnings would be below expectations.
Carlton’s bid for European internet alliance founders
12 Dec 2000 | by Louise Banbury
Carlton Communications’ plans for a cross-border European internet alliance ended yesterday, after three European media companies failed to commit to a financial investment.
Carlton sells Technicolor to Thomson Multimedia in $2.065bn deal
11 Dec 2000 | by Louise Banbury
Carlton Communications has confirmed that it has reached a 2.065bn ( 1.43bn) agreement with Thomson Multimedia for the sale of its film and video processing company Technicolor.
Reuters names US lawyer as chief executive
07 Dec 2000 | by Louise Banbury
UK information and media group Reuters has appointed American lawyer Tom Glocer as its new chief executive -- the first time a non-journalist has taken the helm at the company.
United News & Media invests £21m in US B2B film site
05 Dec 2000
United News 21m in Creative Planet, the US online provider of resources to the US film production and music video industry.
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