Posner Ends Stock Battle as Ursa Agrees to Buy Graniteville
A white knight Ursa Corporation agrees to buy Graniteville stock from Southeastern Public Service at 22 per share for 22.7 percent and 17.50 per share for 77.3 percent, totaling over 90 million dollars. Southeastern will receive 19.50 per share cash plus 2.50 later, with an option to sell all stock if the deal fails by July 1.
MENTIONED IN THIS ARTICLE
Victor Posner
Graniteville Company
Posner
Graniteville
Southeastern Public Service Company
Ursa Corporation
Southeastern
Ursa
R.S.I. Corporation of
Greenville
Ey Ne
Jack Barnes
South Carolina
R.S.1
R.S.I
Citicorp Capital Venture Ltd
Citicorp. of
New York
U S Military Officer Shot and Killed in El Salvador
Navy Cmdr. Albert A. Schaufelberger, deputy commander of U S military advisers in El Salvador, was shot four times in his car near the Central American University in San Salvador. He had replaced windows for air conditioned comfort and was described as a 32 year old San Diego resident who had served in El Salvador since last year.
MENTIONED IN THIS ARTICLE
San Salvador
el Salvador
U.S
San Salvador University
Navy
Albert A. Schaufelberger
Don Hamilton
Hamilton
Alvaro Magana
Francisco Jose Guerrero
Schaufelberger
Malibu
J. Stanley Thomas
Usulutan
Thomas
Reagan
Central American University
Roberto Alfaro
Alfaro
Associated Press
Washington
Pentagon
Air Force
Jerry Sexton
Sexton
Margaret Schaufelberger
CBS
KFMB
San Diego
Calif
Hollings seeks GAO probe of Savannah River Plant operations
Sen. Ernest Hollings directs his staff to draft a letter to the GAO asking for an independent review of environmental and legal issues at the Savannah River Plant. He allies with Sen. Mack Mattingly to seek a halt to L-Reactor testing funding until a full environmental study is completed.
MENTIONED IN THIS ARTICLE
Columbia
Ernest F. Hollings
D-S.c
General Accounting Office
Savannah River
South Carolina
Sen
Hollings
GAO
Senate Appropriations Committee
Pew
Department of Energy
Sen. Hollings
Richard W
Dick) Riley
Travis Medlock
Riley
Medlock
DOE
Washington
Mack Mattingly
R-Ga
Richard Moore
Moore
Georgia
Energy Department
Savannah
Also Mentioned on This Page
White Knight
al Bennington
Windsor
Margaret Young
Spring Branch Road
Aiken County
Sheriff’s Department
DBE
Ms. Young
Paul Lagrow
Ginny Southworth
Cathy Hughes
Oks
Magana
SAP
Ernest Hollings
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