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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 31, 2001
Page
14
Alcatel SA chief executive Serge Tchuruk said the company remains open to U S acquisitions following the failed bid for Lucent Technologies. Talks ended after days of negotiations worth up to 32 billion dollars, which would have positioned Alcatel as a major U S tech player.
General Motors Corp. presented a proposal to acquire Daewoo Motor as Seoul weighs corporate reform to attract foreign investment. Talks on the third-largest Korean carmaker could begin within days, with Daewoo’s fate tied to Asia crisis after 1997-98.
Merc members celebrate the move from 901 Miss to a leased Hillcrest site as the $1.3 million upgrade brings 90 employees and a new interior. Leaders recall past battles with Wild Oats and plan a sunrise walk with souvenirs to mark the transition.
Wednesday close summary from Farmers Cooperative Assn and North Elevator shows wheat and soybeans at 4.17 and 4.17 per unit, milo 1.56, corn 1.66, with USDA loan deficiency payments noted. Nonferrous metals markets list copper 80.0 cents per pound, aluminum 68.3, zinc 46.9 to 47.41, lead 29.3 cents, gold 271.00 and 265.70, silver 4.480, platinum 610 to 618 per troy ounce.
Tyco International plans to acquire Bard Medical by purchasing its owner. Bard executives cite a restructuring plan suppression and consolidation talks in New Jersey, with Bard employees awaiting Tyco's word. Kozlowski touts expected savings and earnings impact while regulators and shareholders must still approve.
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