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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| February 04, 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

TECHNOLOGY

Adobe up 7% on key Accelio buy

Adobe Systems will buy electronic forms company Accelio for $72 mil. It's the desktop publisher's third strategic deal in two months as it uses the tech slowdown to bolster key growth areas. The Accelio deal will help Adobe broaden its fast-growing ePaper business. Adobe rose 2.23 to 35.93. More on A5

TOBACCO

Tobacco firm Carolina up in IPO

Loews Corp.'s tracking stock for its Lorillard tobacco business rose 1.10, or 4%, to 29.10 in its debut. Carolina Group sold 35 mil shares at $28 each, at the top of the expected price range. It's the first tobacco IPO since Havana Group in '98.

MEDIA

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