21.   Ted Turner would become a vice chairman of Time Warner under the proposed transaction, The New York Times said.

22.   That rarely happens with proposed transactions announced by the Defense Department.

23.   The boards of both PanCanadian and CS Resources have approved the proposed transaction and signed an acquisition agreement, the companies said.

24.   The companies said they hope to complete the proposed transaction as soon as possible.

25.   The FTC, one of the two federal agencies that enforces antitrust laws, has been reviewing the proposed transaction since last July when it was announced.

26.   The proposed transaction is the latest in a string of high-profile mergers and acquisitions in the U.S.

27.   The proposed transaction, Hatch maintained, represented good market value for Seagram, provided it properly executes its plan.

28.   The proposed transaction, unique in professional sports and also very complex, has created a problem for Major League Baseball.

29.   The proposed transaction was scrapped, though, in April.

30.   The proposed transaction would be subject to higher bids through an auction.