Essex Merger Set With United Aircraft
Essex International and United Aircraft announce a definitive agreement to merge via stock exchange creating a new company with a value around 100 dollars per Essex share. The plan includes tax free exchange and cross ownership, with Essex stock valued at 43 dollars for common shares and five shares of current stock for each new unit.
MENTIONED IN THIS ARTICLE
East Hartford
Aircraft Corporation
Essex
United International Inc
United Aircraft
United
Jarong
Ran
Sportation, Communications
Bath
Essex International
Fort Wayne
Ind
Mayor Guida Pushes Connecticut Statewide Transit District
New Haven Mayor Bartholomew Guida urged state legislation to create a statewide transit district to take over bus service in Hartford New Haven and Stamford. He proposed that after a two year transition local districts hand over operations and that the Department of Transportation use public service tax funds to run buses.
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Wethersfield
Conn
New Haven
Bartholomew Guida
Guida
Department of Transportation
Public Service
Senators Seek Easing of Extended Jobless Benefits Rules
Nine senators proposed a measure to extend unemployment benefits by 13 weeks, claiming many states could restore or widen eligibility if enacted. Javits, Ribicoff, Case and others argued the plan would help about 600,000 workers who exhaust benefits in 1974, enabling states to resume or adjust participation while keeping workers active.
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Washington
UPI
Javits
Connecticut
New Jersey
Tn & i
Senate
Tain
Srael Pertz
Park
Jacob K. Javits
R-N.y
Carol E.” Krass
Maplewood Avenue
Teast
Gimbels
Broad Street
America
Boston News - Letter
John Campbell
Republican group to meet in 18th district at GOP HQ
IGOP in 138th to Meet The 18th district Republican club will meet next Tuesday at 8 pm in GOP headquarters at 862 East Main Street with vice president Robert Bruder presiding. Refreshments will be served.
MENTIONED IN THIS ARTICLE
GOP
East Main Street
Robert Bruder
CIA
SEC Sets New Rules on Firms Tax Expense Reports
The SEC announced new requirements for companies to disclose income tax expense details in the current and deferred tax contexts. It aims to separate one time and ongoing tax effects, show underlying tax rates, and explain timing differences. The rules seek clearer disclosure of deferred tax items and the basis for each registrant’s tax amounts and rates.
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A.com Ty
SEC
Toap
John L. Sullivan
Jake
Kilrain
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