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* Britain’s United News & Media said its global business information group, Miller Freeman, has bought Irvine-based Continuing Medical Education Inc. for $111 million. CMEI is the largest for-profit provider of continuing medical education resources for doctors in the United States. United, a major player in British TV and tabloids, said the acquisition will enhance Miller’s presence in the growing U.S. health-care education market. CMEI will be integrated into Miller’s Healthcare Communications Group based in San Francisco.
* Lehman Bros. Holdings Inc. said its earnings rose a better-than-expected 13% in its fiscal first quarter to $211 million, or $1.57 a share, as bond and stock market rallies swelled trading and commission income. Analysts had forecast earnings of $1.45 a share.
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