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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 06, 1987

Page

19

Docktor Pet Centers Aims to Double Growth in Five Years

Docktor Pet Centers Inc led by Leslie Charm and partners rescued the chain from near collapse in 1972. From 125 stores to about 250, the Wilmington based company markets pets in regional malls and plans further expansion while facing animal welfare scrutiny. Charm defends sourcing while noting a cash back guarantee for unhealthy animals.

Boston Leslie Charm Charm Docktor Pet Centers Inc Docktor Pet Gene Kohn Carl Youngman Milton Docktor Philadelphia Harvard Business School Prudential Insurance Co Massachusetts Docktor’s Robert Baker The Humane Society of the United States Midwest Baker Docktor Pet Center William Cherkasky International Franchise Association

Fed expected to hold rates steady amid transition

Fed watchers say Chair Paul Volcker will push for a steady course at this week's Federal Open Market Committee meeting. Analysts expect no changes to credit conditions as Alan Greenspan prepares to succeed Volcker after his Aug. 6 term ends.

Washington Federal Reserve Paul Volcker Fed Federal Open Market Committee Central Bank Ture Volcker Reagan Alan Greenspan Congress Greenspan

Auto Sales and Economic Reports This Week

This week features June auto sales and a Monday forecast, a Thursday money supply report, and a Friday producer price index update. In local events, the Cedar Rapids Iowa City chapter of NABWC meets Tuesday at 6:30 p.m. after a 5:30 p.m. Science Station tour, followed by CRIABWA ABWA meeting Wednesday at 6 p.m. with Jennifer Cobb as guest speaker.

Cedar Rapids Iowa City National Association of Women In Construction Charles Science Station Criabwa American Business Women’s Association Hoover Room Roosevelt Hotel Jennifer Cobb

Founder's family to take private Southland in 2.7B deal

JT Acquisition Corp led by John P. Thompson Jere W. Thompson and Joe C. Thompson Jr. will acquire Southland Corp parent of 7-Eleven. The tender offers 77 dollars per share for common stock and 90.27 for convertible preferred, followed by a merger converting shares to cash and new exchangeable preferred stock. Financing includes 2.725 billion in bank commitments and 600 million bridge funds.

Dallas Southland Corp Southland 7-Eleven Thompson Co JT Acquisition Corp New York Stock Exchange Thompson Southland Common JT Acquisition Citicorp Industrial Credit Inc Bankers Trust Co Manufacturers Hanover Trust Co Canadian Imperial Bank of Commerce and Security Pacific National Bank

Also Mentioned on This Page

Les Charm America Les Wes Ralston Skogman Ralston Insurance First Avenue Iowa Te Berteell Fisher Leischman Financial Services A Devon Bertel Fisher & Flewtman Amana Colonies Golf Course, Inc Thomas }. Berthel Berthel Berthel Fisher & Fleischman Financial Services Second Street Steve King Bill Rinderknecht Millhiser Smith Agency, Inc Kista Oakland Road Bart Puch R.G. Dickinson & Co Des Moines, Iowa Berteel Fisher Leischman Financial Services Inc Cedar Rapids, Iowa American Investors Group Minneapolis, Minnesota Securities Des Moines Arnet-Mccabe & Co., Inc Mt. Pleasant Schoff & Baxter, Inc Burlington, Iowa Jim Cole
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