BRIEF TRANSMISSIONS
BRIEF TRANSMISSIONS
Financial News Network Inc. announced "definitive agreement" to sell media business to CNBC, unit of General Electric Co., for $105 million. Accord annuls agreement in principle signed Feb. 12 to sell business to joint venture of Dow Jones & Co. and Westinghouse Broadcasting Co. (IMD, Feb. 19). Proceeds from sale aren't expected to cover FNN's total indebtedness; FNN expects to file for Chapter 11 protection "in the very near future." FNN, almost 50 percent owned by Infotechnology Inc., recently
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