81.  Salomon Smith Barney advised Clear Channel in the acquisition, while Bear Stearns advised SFX and Lehman Brothers advised an SFX committee of independent directors.

82.  Separately, an independent director of Coles, James Gobbo has quit the board to take up the part-time job of Lieutenant Governor of Victoria state.

83.  She just returned from the Sundance Film Festival, where she played for independent directors, hoping to land her songs in filmland.

84.  Separately, independent director James Gobbo has quit the board to take up the part-time job of Lieutenant Governor of Victoria state.

85.  So far, CALPERS representatives have also met with independent directors at Novell, Stride Rite and Sybase.

86.  STRONGER FUND OVERSIGHT PROPOSED Arthur Levitt, the SEC chairman, proposed strengthening oversight of mutual funds by independent directors but stopped short of offering more sweeping changes.

87.  Telegram will hold four seats and the rest will be held by independent directors.

88.  That agreement called for the addition of one independent director, rather than two.

89.  That included a bylaw to prevent extraordinary corporate deals between Brooke and RJR Nabisco without approval by the shareholders and a committee of independent directors.

90.  That means holding companies such as NationsBank must set up a separate division with independent directors before operating in Texas.

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