Life Investors case hearing postponed to next Tuesday
The U S District Court in Cedar Rapids delays the preliminary injunction hearing in Life Investors versus AGO Holding N V. The hearing now set for next Tuesday at 9 a m before Magistrate James Hodges. AGO seeks evidence for the takeover bid while Life Investors prepares defenses and deposition notices span Thursday through Monday. AGO already holds 41.5 percent of Life Investors stock and seeks up to 1.5 million more.
MENTIONED IN THIS ARTICLE
Life Investors of
Cedar Rapids
U.S. District Court
James Hodges
AGO Holding N.V
Netherlands
Life Investors
AGO
Robert Foster
New York City
SCI Financial Group Inc
Merrill Lynch
White Weld Capital Markets Group
Foster
Statesmen Group
International Bank
Iown
Des Moines
Dickinson, Throckmorton, Parker, Mannheimer
Raife
Wisconsin Leads Midwest In Manufacturing Job Gains
Wisconsin added more than 39 000 manufacturing jobs from 1969 to 1980, while Minnesota gained 41 100 and Iowa 19 100, according to Bureau of Labor Statistics data cited by Assembly Majority Leader Thomas Loftus. Four neighboring states posted losses, Ohio 203 500 Illinois 195 100 Michigan 185 900 Indiana 94 300. Loftus linked Wisconsin gains to lower property taxes and improved quality of life, noting favorable tax climate for business.
MENTIONED IN THIS ARTICLE
Madison
Wis
Wisconsin
Iowa
Minnesota
Assembly
Thomas Loftus
D-Sun Prairie
U.S. Department of Labor Bureau of Labor
Ohio
Illinois
Michigan
Indiana
Loftus
GMC unveils first U S articulated city bus
Pontiac Michigan General Motors GMC Truck and Coach Division announced an articulated city bus built with a swiveling midsection. The 56 to 61 foot models add up to 73 seats and require 90 degree turns with a rear engine design. It aims to cut transit costs and bolster GMC’s backlog.
MENTIONED IN THIS ARTICLE
Pontiac, Mich
UPI
General Motors Corp
GMC Truck & Coach
GMC
Robert Truxell
U.S
T-bill rate up in delayed auction
The Treasury raised yields at Wednesday's auction after a delayed sale amid debt limit uncertainty. Three month bills sold at an average discount of 14.669 percent and six month bills at 14.932 percent. New six month rate plus a quarter percentage point reaches 15.182 percent. 20 year bonds yielded a record 15.78 percent. All Savers and Small Savers certificates see higher ceilings and tax free All Savers yield at 12.61 percent with a choice to wait for a new rate.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
The
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