This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Hearings End On UTs Babcock Takeover Try
In Columbus Ohio AP the Babcock & Wilcox chairman George Zipf says valuing the firm stock is uncertain and a $65 share price is inadequate amid energy market volatility He argues the tender offer by United Technologies is unfair while unresolved antitrust issues keep price irrelevant Zipf defends independence as hearings conclude at the Ohio Department of Commerce United offered $142 a share for all 12.2 million Babcock shares but current market price sits around 49 a share The case weighs stock value future coal tech and production funding for coal and nuclear boilers with United backing coal burning research and Babcock asserting stock could surge if new systems materialize
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Babcock & Wilcox Co
George Zipf
Babcock
United Technologies Corp
Zipt
Ohio Department of Commerce
United
Ipf
United Toy
Ziph
Bey
Zipf
Securities Division
Ohio
Clark Wideman
New York Stock Exchange
New York
Hartford
Aerospace
Otis Elevator