Sperry Board Accepts Burroughs Buyout at 76.50 a Share
Sperry Corp directors end a three week fight and approve a sale to Burroughs Corp for 76.50 a share in cash and securities totaling between 4.4 and 4.8 billion. Burroughs raised its bid by 1.50 a share in a formal New York presentation to Sperry.
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Detroit
Kbs
Sperry Corp
Burroughs Corp
Sperry
Burroughs
Sperry Board
New York
Burroughs Unveils Merger Offer to Rival IBM
Burroughs announced a new merger proposal after talks over Memorial Day weekend. The combined firm would report about 10.5 billion in annual revenue, adopt a new name, and field a top-tier management team aimed at challenging IBM, with Digital Equipment Corp. trailing in revenue.
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Burroughs
W. Michael Blumenthal
IBM Corp
Digital Equipment Corp
IBM
Chernobyl cancer risk cited by doctors in 1986 report
AP reports over 100,000 people may develop cancer from radiation exposure after the Chernobyl disaster. Soviet physician Dr Angelina Guskova says about 200 victims were treated at Hospital No 6 in Moscow with 70 discharged. Officials note two workers died at the plant and 17 more in hospitals.
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Moscow
Chernobyl
Angelina Guskova
Izvestia
Kiev
Europe
Robert P. Gale
U.S
Gale
Los Angeles
Assad Meets Jordanian Leader in Greece Diplomacy Bid
Syrian President Hafez Assad held a surprise meeting with Jordan's prime minister Zaid Rifai during a Greek visit. Sources say the talks aimed to soften Assad's Iran support and ease inter-Arab rifts as Jordan seeks to reconcile Syria with Iraq and Iran's foe in the Gulf War.
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Athens
Greece
Hafez Assad
Jordan
Assad
Iran
Zaid Rifai
Hussein
Syria
Iraq
Mitterrand hints at possible early elections
Paris AP report quotes Socialist President Francois Mitterrand saying he may call early elections to challenge the conservative parliamentary majority, with no timetable given. Since his 1981 win, two national votes have occurred and his seven year term runs to 1988.
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Mitterand
Paris
Francois Mitterrand
Mitterrand
Muhammad Ali Involved in Accident in Hollywood
Former heavyweight boxing champion Muhammad Ali was involved in a traffic accident in Hollywood when his Rolls Royce cut across traffic to turn left. Motorcyclist Gregory Gray, 26, suffered bruises and leg pain and was treated at Cedars Sinai Medical Center. Gray, who was overtaking in the left lane, collided with Ali as he turned from the right lane at 5 to 15 mph.
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Hollywood
Calif
Muhammad Ali
Ali
Gregory Gray
Sheriff
Guy Earl
Gray
Cedars- Sinai Medical Center
Ron Wise
Earl
Supreme Court limits FCC power on rate formulas for states
The Supreme Court in a 5-2 ruling limits federal power to force states to use depreciation formulas that favor telephone companies. States gain leeway to set depreciation for in state and out of state calls, while the FCC retains control only over interstate equipment. Industry voices warn outcomes may change with future depreciation choices and industry impact remains uncertain.
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Indianapolis
State Supreme Court
Gary
Margaret Hall
The
Faith Assembly
Joel David
Washington
Supreme Court
Federal Communications Commission
Bill Hensley
Ameritech
Chicago
Edith Herman
American Telephone & Telegraph
FCC
Aiken Standard Office Hours and Contact Info
Aiken Standard lists newsroom and advertising contact numbers 649-5316 649-1555 and a general suggestion line 648-2311. Customer service hours are 5:30 to 7 p.m. weekdays and 8 to 10:30 a.m. Sundays, with offices at 124 Rutland Drive and mailing address Box 456 Aiken South Carolina 29602.
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Aiken Standard
Rutland Drive
Aiken, S.C
Abused Persons Coalition
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Jackson Police
New Ellenton
New Holland
North August
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Wagener Police
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P.O
Rutland Ore
Aiken
Aiken, SC Ee
Clinton White rematch set in Arkansas primary
Arkansas voters push former Gov. Orval Faubus aside as Bill Clinton faces Frank White in a rematch for governor. In Kentucky, Jackson M. Andrews won the Republican underdog bid to challenge Sen. Wendell Ford, while in Idaho Connie Hansen lost to continue her husband George’s congressionally conservative path. Alexander leads Wood in Arkansas district after NRCC attacks. Faubus, 76, laments lack of funds and rules out another run, predicting 1990 governor bid would be too late.
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Arkansas
Orval Faubus
Bill Clinton
Frank White
Idaho
Connie Hansen
George
Congress
Kentucky
Louisville
Jackson M. Andrews
Wendell Ford
Bill Alexander
Jim Wood
Alexander
National Republican Congressional Committee
Wood
Rick Albin
Faubus
Primary Results Across Arkansas Kentucky and Idaho
Tuesday primaries produced bold results with incumbents Clinton and Ford winning in Arkansas and Kentucky upper house. In Idaho Cecil Andrus and David Leroy ran unopposed for governor and lieutenant governor respectively. U S House changes include Bill Alexander in Arkansas and Mel Richardson winning the Idaho GOP nomination.
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