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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| October 01, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BUSINESS PRACTICES

Tyco probe expanded to auditor

Prosecutors want to know if PricewaterhouseCoopers knew about secret bonuses paid to former execs of Tyco Int'l and accounting practices allegedly used to hide those payments. An accounting firm spokesman said, "We have no reason to believe we will be anything but a provider of information for them."

BASIC INDUSTRIES

Georgia-Pacific to sell Unisource

The paper products maker will sell 60% of its Unisource paper distribution unit for about $825 mil to Bain Capital, a private investment firm. It plans to use the proceeds to pay down debt. Georgia-Pacific will keep a 40% stake in Unisource. The deal's expected to close in Q4. Georgia-Pacific fell 3% to an 11-year low.

Raytheon warns of plant delays

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