51.   Securities laws prevent leaking word of any buyout bid in advance of the formal offer.

52.   Sabre this week took its arguments directly to Travelocity shareholders by making a formal tender offer.

53.   Smith said there have been no contract talks since Friday, when his formal offer was presented by telephone.

54.   Smith added that the Rangers have yet to put a formal offer on the table.

55.   So far, only one group, Hutchison Whampoa of Hong Kong and Singapore Technologies Telemedia, have submitted a formal offer for Global Crossing.

56.   St. Goddard said the tribes agreed to meet among themselves within the next week or so, after which a formal offer would be made to the company.

57.   State Street has contended that Bank of New York wants to boost its holdings and then make a formal offer to buy the Boston-based company.

58.   Statoil would not say when it will present its formal offer, although it will probably come this week.

59.   Steinbrenner had predicted a major signing this week, but he refused to update the status of the negotiations and simply said he had made no formal offers.

60.   The chairmen of Westinghouse Electric Corp. and CBS Inc. are negotiating the terms of a formal takeover offer by Westinghouse, people familiar with the talks said.