Maytag Accepts Whirlpool Buyout Offer in 1.7 Billion Deal
Maytag Corp signs a formal agreement to be acquired by Whirlpool Corp for over 1.7 billion in cash and stock. Whirlpool CEO Jeff Fettig says federal antitrust approval is expected as the two companies merge. The combined group would command about 48 percent of the U S major appliance market, with GE and Electrolux trailing.
MENTIONED IN THIS ARTICLE
DES Moines
Maytag Corp
Whirlpool Corp
Whirlpool
Jeff Fettig
Maytag
Whirlpool-Maytag
United States
General Electric Co
Sweden
Electrolux AB
U.S
FTC review could block or demand asset divestitures in Whirlpool Maytag deal
Federal Trade Commission officials must conduct an antitrust review of the Whirlpool Maytag merger. They could nix the deal or require Whirlpool to sell off certain assets to obtain approval from shareholders.
MENTIONED IN THIS ARTICLE
Maytag
Whirlpool
Federal Trade Commission
Former UI basketball player pleads guilty in burglary case
Pierre Pierce, 22, a former University of Iowa basketball player, agreed to plead guilty to a felony burglary and related misdemeanor charges stemming from an incident at his ex girlfriend’s home. He faces up to four years in prison at sentencing in October.
Plea Deal Reaches for Pierre Pierce on Multiple Counts
Pierre Pierce pleads guilty to third degree burglary a class D felony with potential five year sentence and fines up to 7500 prosecutors seek five year suspended term and probation Judge Gregory Hulse signals agreement binding at sentencing also faces assault with intent to commit sexual abuse an aggravated misdemeanor with up to two years in prison and fines up to 5000 Pierce may be placed on a 10 year sex offender registry false imprisonment a serious misdemeanor with up to one year and a 1500 fine fourth degree criminal mischief a serious misdemeanor with up to one year and 1500 fine. restitution costs noted.
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University of Iowa
Pierre Pierce
Dallas County
Adel
Pierce
West Des Moines
Westmont
Ill
Gregory Hulse
Sex Offender Registry
University of Iowa official comments on Dallas County case resolution
Sentencing is set for October 14 in Dallas County District Court. University of Iowa Athletics Director Bob Bowlsby stated that the process was long and difficult, expressing relief that the matter is resolved and adding there will be no further comment.
MENTIONED IN THIS ARTICLE
Dallas County District Court
University of Iowa
Bob Bowlsby
Teens Face Tough Choices in Junior Chick-Lit Trends
Cedar Rapids mother Tricia Bowen recalls discovering her daughter Emily reading Jacqueline Miller's Girls in Love where a teen pressures a girlfriend into unprotected sex. The piece notes this summer's junior chick-lit explores sex, alcohol, parties and dating and prompts parental debates.
MENTIONED IN THIS ARTICLE
the Gazette
Tricia Bowen
Emily
Jacqueline Miller
Judy Blume
S.E. Hinton
The
Outsiders
Bowen
Cedar Rapids Students Join National TV and Fitness Study
Cedar Rapids elementary students in six schools will track TV and video game time, physical activity, and eating habits as part of an eight month national Switch study. The district was one of two chosen, with a launch today and a focus on third to fifth graders and their families.
MENTIONED IN THIS ARTICLE
The
Gazette
Cedar Rapids
Arthur
Erskine
Garfield Madison
Nixon
Wilson
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