Dan River Fends Off Icahn Plan to privatize firm
Dan River Inc stockholders approve a plan to transfer ownership to management and hourly workers, ending Carl Icahn's eight month takeover bid. Icahn's stake totals 1.7 million shares bought near $18, with $22.50 per share payout to him. The buyout uses $150 million borrowed to acquire outstanding stock into a pool.
MENTIONED IN THIS ARTICLE
Danville, Va
Dan River Inc
Dan River
David W. Johnston Jr
New York
Carl Icahn
Johnston
Icahn
Dan River Management
Reactor L Hearings Spark Environmental Criticism
Doubts linger over L Reactor restart at Savannah River Plant as public hearings space opposition to an environmental impact study. Groups including the Energy Research Foundation and League of Women Voters push for an EIS while DOE defends cooling and safety standards ahead of the planned October restart.
MENTIONED IN THIS ARTICLE
H.C. Weeks Center
Department of Energy
Savannah River
DOE
Frances Close Hart
The
Energy Research Foundation
NRC
Hart
Mary T. Kelly
Plantiff
League of Women Voters
Aiken County budget presents $10.89 million plan with tax shifts
The Aiken County Council reviews a 10,891,350 budget stressing law enforcement, public works, EMS, and tax shifts from property taxes to fees. No general fund millage increase, but debt service rises due to bonds and center projects, with public hearings scheduled and first reading set for June 7.
MENTIONED IN THIS ARTICLE
Aiken
W. Scott Barnes
Judicial Project
Law Enforcement Center
Agricultural Services Center
Barnes
Medwell Hill
Carroll H. Warner
Hill
Sheriff's Department
New
Ellenton
Barbara Murdock Sees Tom Selleck at Memphis Volleyball
Barbara Murdock reported spotting Tom Selleck amid the U S Volleyball Association National Championships in Memphis where his Hawaii team played in the Senior Men's division. Barbara also saw singer John Davidson as a spectator and the event drew fans and media attention.
MENTIONED IN THIS ARTICLE
Barbara Murdock
Tom Selleck
Magnum, P.I
Aiken
U.S. Volleyball Association
Memphis
Hawaii
Barbara
John Davidson
Multiple Diploma System Out at Aiken Board Meeting
The Aiken County Board of Education voted down the multiple diploma system but left room for a possible special recognition for graduates. The July 1, 1985 effective date was noted, with a first reading on class rankings policies and adjustments to honor distinctions based on percentile rather than GPA.
MENTIONED IN THIS ARTICLE
Aiken County
Durward Pridgen
Return of the Jedi Opens in Local Theaters Today
The long awaited Star Wars finale opens nationwide with hopes of high box office and sponsor profits. National Hills Theater Augusta screens the film for eager fans while Fox projects a top all time ranking and compares it to E.T. Detected missing print reported at Bush River Cinema in Columbia.
MENTIONED IN THIS ARTICLE
George Lucas
National Hills
Augusta
20Th Century-Fox
Fox
Barry Glasser
Los Angeles
San Francisco
Chicago
Denver
Dallas
Boston
Cleveland
Flint
Mich
Tucson
Ariz
Oakland
Calif
Toronto
Lucas
Bush River Cinema
Columbia
Also Mentioned on This Page
Stephen K. Breslauer
J.D. Spencer
R.W. Cochran
R.P. Denise
Francis Hart
ERF
Phil Jones
Judy Hoffmeyer
Bill Baker
Scott Barnes
Jed
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