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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jul 26, 1983
Page
9
A timeline shows Southeastern's 1983 bid for Graniteville with Victor Posner and Stephen Posner on the board. The drama includes board expansion, ESOP creation, lawsuits, and escalating offers, ending July 26 1983 when Southeastern gains control of Graniteville.
Posner becomes largest NYSE stockholder within days of January 1982 purchase with 441 380 shares or 10.2 percent. Management dilutes stake in April while Posner advances to 26.1 percent and launches a tender offer to acquire 51 percent, risking control of the company.
The article explains CTBS form changes and reasons for standardized tests including measuring reading math and science. It cautions that grade equivalents can mislead and highlights factors like socioeconomic status in test outcomes. Parents may contact teachers for conferences after scores are sent home in the fall.
Aiken city opens the H O Weeks Center and Smith Hazel Center as cooling rooms for residents without air conditioning. Hours are weekdays 9 a m to 6 p m, Saturdays noon to 6 p m, Sundays 1 to 6 p m, for the heat wave. Thunderstorms may interrupt power. if power is lost, check circuit breakers first and contact SCE G for restoration.
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