IBP Aims Unusual Takeover Bid For Wilson Foods
IBP Inc plans to buy Wilson Foods Corp for about 95 million dollars through a bankruptcy court maneuver in Oklahoma City. The move seeks to acquire Wilson's eight processing plants and two service facilities, potentially affecting IBP’s Stanwood pork plant plans, but faces creditor committee and stockholder approval hurdles and uncertain success.
MENTIONED IN THIS ARTICLE
al Swegl
Gazette
IBP Inc
Wilson Foods Corp
Oklahoma City
IBP
Wilson Foods
Wilson
Dakota City
Neb
Cedar Rapids
Albert Lea
Minn
Stanwood
Charles Jennings
Stanwood Park
Jennings
Board of
Occidental Petroleum
Winter Beach Party at Cedar Rapids Library
Four year old Nathan Schile of Cedar Rapids listens as stories are read Tuesday at the Cedar Rapids Public Library third annual Winter Beach Party. Children wore summer outfits and played beach themed games. Similar parties will be held at Edgewood and Main branches Thursday morning.
MENTIONED IN THIS ARTICLE
Nathan Schile
Cedar Rapids
Kenwood
Cedar Rapids Public Library
Suzanne Seyfer
Edgewood
Meet Depress A Downtrodden Tone For Market Watch
A financial columnist earns the nickname Meet Depress for a gloomy take on the economy. The piece frames cautious outlooks on markets, inflation, and investment survival amid uncertain growth.
Rights panel denounces affirmative action quotas
The U.S. Commission on Civil Rights adopted a 6-2 vote denouncing quotas as unjustified discrimination and opening the possibility of revising past civil rights positions. Chairman Clarence Pendleton Jr. announced the panel will study effects of Reagan budget cuts while signaling a conservative shift.
MENTIONED IN THIS ARTICLE
Gazette Wire Services
Hunt Valley
U.S. Commission On Civil Rights
Commission
White House
Congress
Clarence Pendleton Jr
Reagan
Mary Frances Berry
Reory
Tape ruling sparks clash as Congress weighs royalties
The Supreme Court ruled 5-4 that home video tape recorders may be used to tape shows for private viewing. Sony officials call it a consumer victory while film industry leaders push Congress to impose a recording royalty. Lawmakers suggest Congress may clarify copyright law, with penalties outlined for infringers.
MENTIONED IN THIS ARTICLE
Gazette Wire Services
New York
Supreme Court
Congress
Sony Corp
Kenji Tamiya
Sony Corp. of America
Hollywood
Robert Kastenmeier
D-Wis
House
Don Edwards
D-Calif
John Paul Stevens
Stevens
Cedar Rapids property taxes may rise under city budget
City preliminary budget figures suggest Cedar Rapids would raise the city tax rate next year to maintain services. A tax levy of $28.5 million is needed, with an 8.77 percent residential increase likely if valuations stay low and costs rise. Negotiations, wage costs, and impact on homeowners are outlined, with exact figures due in February.
MENTIONED IN THIS ARTICLE
Dick Hogan
Cedar Rapids
Robert McMahan
McMahan
Iowa Democrats clash over caucus date to San Francisco
Des Moines reports a federal judge refuses to move the Iowa caucus from Feb 20 1984, despite a suit by three Democrats. The DNC had directed Feb 27. The ruling leaves the state and national parties to settle the seating issue at an upcoming executive meeting.
MENTIONED IN THIS ARTICLE
Ken Sullivan
Tical Savliies
Des Moines
Iowa
San Francisco
U.S
Donald O’brien
O’brien
Edward Campbell
Jean Haugland
Charles Gifford
Democratic State Central Committee
Democratic National Committee
National Party
Charles Manatt
Also Mentioned on This Page
Greg Mellis
Abby
Marion
U.s.world Farm
C.R
Lee
Demos
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