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Seagram sings new tune

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Seagram unveiled its $10.6 billion cash-and-stock acquisition of music giant Polygram from Philips Electronics Thursday, converting the company from a predominantly beverage business into a primarily…

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Australis media fini

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Pay-TV operator Australis Media lost its two-year fight for survival Wednesday night when the company's liquidators were unable to sell its assets and it ceased broadcasting.

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