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Zions Bancorp to Buy Pioneer Bancorp in $341 Million Deal

Zions Bancorp

(ZION) - Get Zions Bancorporation N.A. Report

, Utah's second-largest banking company, agreed to buy

Pioneer Bancorp

(PNCZ:OTC BB) for about $341 million in stock. The deal values each Pioneer share at $35.70 a share, a 15% premium over today's close of 31.


, an Austin, Texas-based publisher of an online guide featuring data and profiles on about 14,000 companies, filed for a $48.9 million IPO. The company hopes to trade under the symbol HOOV on the

Nasdaq Stock Market


In other postclose news:

Mergers, acquisitions and joint ventures

Columbia Energy Group

(CG) - Get Carlyle Group Inc (The) - Ordinary Shares Report

said it will up its $6.7 billion unsolicited bid for

Consolidated Natural Gas


if the proposed deal wasn't completed by Aug. 15, 2000.

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TheStreet Recommends


(TX) - Get Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value) Report

called the market chatter about a union with



that pushed up its stock 8.1% today "just speculation and rumor."

Offerings and stock actions

Mirage Resorts


announced a 16.6 million-share offering.


International Paper

(IP) - Get International Paper Company Report

announced plans to close its two offices in Wayne, N.J., as a result of its acquisition of

Union Camp


Kaiser Aluminum


and the

United Steelworkers

agreed to meet in Pittsburgh May 10 to negotiate a bargaining agreement.

A fire broke out today at a Houston refinery operated as a joint venture between

Lyondell Petrochemical




, a U.S. subsidiary of Venezuelan state oil company





said it's willing to accept binding arbitration with its machinists union, but the union rejected the arbitration, starting a 30-day countdown to striking.