lauren@vortex.UUCP (Lauren Weinstein) (10/23/83)
The plan for Turner Broadcasting to buy out the Satellite News Channels, Inc. was submitted to the federal government anti-trust people for approval, and such approval has apparently been granted. While I don't much care for CNN Headline News, and feel that SNC has been providing a useful service, there is little that can be done: SNC lost over $40 million last year -- Westinghouse and Group W wanted to get out now since it wasn't clear that they'd ever recover *any* money if they waited much longer. --Lauren--