Biz Briefs: Mergers and Deployments Across Industry
Will Ross Inc acquires Akwell Industries in an all stock deal, expanding hospital and lab supply reach while Akwell adds thin wall latex specialty products. LTV Ling Altec completes its Escon takeover for 15.26 million in cash and 899,823 new convertible shares, absorbing most Escon liabilities. Automation Industries to buy Spartan Aircraft’s Aviation division in Tulsa, a cash deal. VIR to acquire Ronald Purver Inc and subsidiary per board approval, exchanging stock. Kalvex to close Paramus distribution site, citing year losses. Timken Timken elected chairman. DuPont cuts trichloroethylene price to historic low 914 cents per lb. General Acceptance gains control of Computer Discount Leasing, renaming it GAC Computer Leasing.
MENTIONED IN THIS ARTICLE
LTV Ling Altec, Inc
Anaheim
Calif
Escon, Inc
Dallas
LTV Ling Altec
Escon
Drivers Near Limit Warned On Highway Safety
Nils Lofgren, acting president of the Insurance Institute for Highway Safety, told the Texas Safety Conference that drivers may be near their limit as intersection complexity rises. He urged better decision time for motorists and predicted future devices to indicate when it is safe to pass, plus a roadside transmitter to relay ahead road conditions.
MENTIONED IN THIS ARTICLE
Dallas
Tex
Nils A. Lof
Nils Lofgren
The
Insurance Institute, For
Lofgren
Texas Safety Conference
Panic in Gold Markets Triggers Global Selloff and Free Price
A wave of gold buying and rumors that the dollar would collapse sparked a worldwide rush. France spread rumors to drive the market, while U S setbacks in Vietnam fueled fear of a dollar collapse. The gold pool released metal from treasuries as officials admitted the frenzy and moved to free price
MENTIONED IN THIS ARTICLE
U. S
France
Vietnam
London
Gold Pool
Washington
Gen Shoup to Testify on Vietnam War Policy
Gen David Shoup, retired Marine Corps commander, will testify before the Senate Foreign Relations Committee on the Vietnam War today. The session also includes Paul Nitze, deputy secretary of defense, discussing the administration's foreign aid bill and potential Vietnam issues.
MENTIONED IN THIS ARTICLE
Gen Shoup
Washington
David Shoup
U.S. Marine Corps
Senate Foreign Relations Committee
Paul Nitze
Defense
Vietnam
Also Mentioned on This Page
New York
Will Ross, Inc
Milwaukee
Akwell Industries, Inc
Dothan
Ala
Will Ross
Akwell
VTR, Inc
VIR
Ronald Purver, Inc
Puretic, Inc
Los Angeles
Alleghany Corp
F. M. Kirby
Alleghany
Kalvex Inc
Paramus, Nu
Sunshine Mining Co
Renwell Industries Inc
Renwell
Timken Rafter Bearing Co
W. R. Timken
Timken
Henry H. Timken
Ijr
DuPont Co
DuPont
General Acceptance Corp
Computer Discount Leasing Corp
GAC Computer Leasing Corp
General Acceptance
Stace Strubi
Burns
Colorado
Denver
Stace
Bers
U.S
Stylarama
Howard Johnson
Conn
Meritt
Milford Drive-In
Boston Post Road
Ako Connecticut
Alexander N. Chernak
Beardsley, Brown & Bassett, Inc
Wood Ave
Mel Hart
BaAma
Surry
Emc
Westinghouse Dehumidifier
Westinghouse Portable
Westinghouse
ASE
Ins
East Main ST
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