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By Thor Valdmanis |
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May 20, 1999 |
Bermuda firms
snag big deals
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Industrial giant Tyco International resumed its buying spree
Wednesday by acquiring electronic components maker Raychem for $ 2.9
billion in cash and stock. |
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"Bermuda is a very healthy
offshore jurisdiction," says David Marchant,
publisher of newsletter Inside Bermuda.
"It tries to genuinely attract good business, unlike some other
Caribbean islands that succumb to the poisoned dollar." |
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