Guinness World Records reportedly up for sale
The Guinness Book of World Records is being offered for sale by its owner, the food and drink conglomerate Diageo PLC, the Financial Times reported.
Diageo said a spokesman was not available to comment Friday.
The book of records, first published in 1955 as a promotion for Guinness beer, has expanded into TV shows and a Web site.
The paper said Diageo had asked investment bankers Goldman Sachs to seek bidders for Guinness World Records, which tracks everything from the world's busiest railway to the hairiest family.
The Guinness World Records brand, which also includes publication of the British Book of Hit Singles, is reported to have earned Diageo a profit of $8.6 million last year.
Fire aftermath
Fifi's reopens Monday
After losing $13,000 worth of food and liquor to smoke damage, the kitchen at Fifi's Restaurant is stocked once again with rainbow trout, baby bok choi and fresh Fontina cheese.
Fifi's, 925 Iowa, reopens Monday for lunch with new tiles on the ceiling, paint on the walls and menus for the tables.
"We can't wait," said Bill Hazzard, the restaurant executive chef, who was stocking shelves Friday with co-owner Fifi Paden (left). "We're sick of doing construction work. That's why we're cooks."
The restaurant has been closed since March 5, when it suffered smoke and water damage associated with a fire that destroyed Total Fitness Athletic Center.
Another business damaged in the fire, Audio Video Services, is expected to reopen next week.
Acquisition
WWF to own troubled rival
The World Wrestling Federation is buying the ailing World Championship Wrestling business from AOL Time Warner Inc.'s Turner Broadcasting System Inc., ending an intense rivalry that has inflamed professional wrestling fans for more than 20 years.
The purchase "creates a tag team partnership with the World Wrestling Federation brand that is expected to propel the sports entertainment genre to new heights," Stamford, Conn.-based WWF said in a statement Friday.
WCW lost an estimated $80 million in 2000.
Technology
Micron to sell business, merge with Nampam
Micron Electronics Inc. is selling its personal computer manufacturing business and will merge with an Atlanta-based Web hosting company to focus its future on that niche in the high-technology sector.
The announcement Friday came as the Nampam, Idaho-based company said second quarter results fell well below Wall Street expectations.
The company reported a net loss of $168.9 million, or $1.75 per share, for the three months ending March 1.
No comments
Commenting is turned off for this story.