Published January 11, 1996
TBS stock closed Wednesday at its lowest price since August, with many TBS investors fearing that Time Warner's deal to buy the company "will collapse or won't yield a big payout if completed." TBS investors "have lost virtually" all gains from the announcement of a possible merger. In September, the deal was valued at $7.5B, but is now down to about $6.7B due to the drop in Time Warner stock (USA TODAY, 1/11)....Fireworks Entertainment Inc. of Toronto has purchased John Labatt Ltd.'s Skyvision Productions Ltd., the brewer's film and TV production subsidiary (Toronto GLOBE & MAIL, 1/11)....Ice Capades announced a national TV special will be produced by Dick Clark Productions and be aired on the Family Channel in March. Tyson Foods will be presenting sponsor (Ice Capades). ...Football fans looking to buy officially licensed products can visit the new Football Superstore site on the Web at http://ncom.com/superstore. The Football SuperStore is the first of four sports stores being created by Online SuperStores (Online SuperStores).