Du Pont Raises Bid in Record Conoco Takeover War
Du Pont Co raised its offer to 7.4 billion for Conoco Inc in the ongoing bidding war sparked by Seagram. The cash and stock deal values Conoco at 95 dollars a share for 40 percent plus exchange for remaining shares, aiming to create a top seven industrial company. The Justice Department said it will review the merger while Seagram and others, including Mobil and Texaco, are suspected to eye Conoco in further bidding.
MENTIONED IN THIS ARTICLE
New York
du Pont Co
Conoco Inc
du Pont
Seagram Co. Ltd
Conoco
Consolidation Coal Co
West Virginia
Wall Street
Consol
Edward Jefferson
America
Justice Department
Reagan Administration
Seagram
Jonathan Rinehart
Mobil Corp
Texaco Inc
U.S
Shell Oil Co
Belridge Oil Co
W.T. Grimm & Co
Jefferson
Reagan Tax Cut Battle Divides House Committee
The House Ways and Means Committee voted 22-13 against Reagan's three year 25 percent across the board tax cut and approved a Democratic substitute offering lower overall relief but benefiting those earning under 50 000 a year. Reagan urged Republicans to oppose changes as debate looms on the Senate floor.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Reagan
Senate
Ways and Means
Texas
O'Connor Begins Lobbying For Nomination To Court
Sandra Day O'Connor opened a private campaign with Attorney General Smith to secure Senate confirmation as the first woman Supreme Court justice. She met with Smith and aides, then planned visits to about a dozen lawmakers, avoiding abortion specifics amid anticipated questions, while officials predicted smooth hearings.
MENTIONED IN THIS ARTICLE
Washington
William French Smith
Sandra Day O'Connor
Senate
Supreme Court
Britain approves riot control tools for police first time
London reports rioting in Forest Gate and Fulham amid 12th day of violence. Police will use rubber bullets water cannon and tear gas as Thatcher announces new powers. Arrests include youths in two districts, with Britain facing domestic unrest tied to unemployment and policy debates.
MENTIONED IN THIS ARTICLE
London
Britain
Margaret Thatcher
Forest Gate
Camp Joy faces closure over funding crisis in Virginia
The Camp Joy program in Tazewell County Va sponsored by the Salvation Army runs six days a week for eight weeks each summer and serves underprivileged children. Director Bryan Davis says the camp needs at least 14000 more to operate through August and a total of 52000 to stay open, with many youths sponsored by local businesses and organizations.
MENTIONED IN THIS ARTICLE
Daily Telegraph
Joy
Tazewell County
Bluefield
Bryan Davis
Salvation Army
Davis
Welch Hospital Expansion Seeks Local Support
Tazewell supervisor is named to a school post as Welch residents push for broader hospital services. Governor plans to open a Welch office to coordinate regional efforts, with coverage across pages 3 and 8 of the edition.
MENTIONED IN THIS ARTICLE
Tazewell
Welch
Also Mentioned on This Page
DuPont
Kent Hance
Ponger
Saratoga
Calif
Santa Clara Valley
Chris Ponger
California
Virginia
Claifornia
Howard Baker
Tennessee
Barry Goldwater
R.ariz
Capitol Hill
O’connor
O'Connor
Smith
Senate Judiciary Committee
White House
Mrs. O'Connor
House of Commons
Northern Ireland
Scotland Yard
United Kingdom
Camp Joy
Ery
Panhandle
Nationa
Noaa Ust
National Weather Service
Bulletin Board Church News
Abby
Dixon Dr. Lamb
Old Dominion
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