DB 17:13 [PAX] PAXSON COMM. SAYS CFO ARTHUR TEK RESIGNS. DB 16:49 [PAX,AOL] CHEEN SAYS ACCESS TO DIGITAL TV SPECTRUM IS VITAL FOR AOL. DB 16:48 [PAX,AOL] CHEEN SAYS PAXSON BUY WOULD REPRESENT 'NEXT STEP' FOR AOL. DB 16:47 [PAX,AOL] FIRST UNION ANALYST BISHOP CHEEN SEES AOL AS POSSIBLE PAXSON SUITOR. DB 16:47 [PAX,TWX,GE] PAXSON TOLD ANAYSTS WEDNESDAY IT'S IN PARTNERSHIP TALKS W/SEVERAL COMPANIES. DB 16:45 [PAX,TWX,GE] PUBLISHED REPORTS CITE SPECULATION THAT TIME WARNER, GE INTERESTED IN PAXSON. DB 16:45 [PAX,TWX,GE] PAXSON RISES ON TAKEOVER SPECULATION. DB 16:45 [PAX,TWX,GE] PAXSON SHARES SOAR 14.5% TO CLOSE AT 9 3/8. |