31.   CARNIVAL AND PAN AM CALL OFF MERGER Carnival Air Lines and Pan American World Airways called off their merger plans after disagreeing over the terms.

32.   Capellas did not directly address the merger plans and the hurdles it faces during a speech at an Oracle Corp. technology conference here.

33.   Ciba already was first in this market before the merger plan.

34.   Ciba will spin off its industrial unit next year as part of its merger plans with rival drug producer Sandoz AG to form Novartis AG.

35.   Consumer groups complain that Ameritech and SBC, since they have bordering territories, could have been prime competitors if they had not announced merger plans.

36.   Early this week, they got their answer when Travelers and Citicorp announced their blockbuster merger plan rearranging the face of the financial services world.

37.   Even though that merger plan appears to be dead, industry observers said the health industry remains under pressure to reduce operating costs and improve efficiency.

38.   Even though the nine-month-old merger plan died, industry observers say the companies, like their competitors, remain under pressure to reduce costs.

39.   Executives at both exchanges say their merger plans are still on track.

40.   FHP, PacifiCare and Humana have declined to comment on any merger plans.