LTV Approves Financing Plan To Restructure Greatamerica
Ling-Temco-Vought directors approve a recapitalization totaling over 400 million dollars. Steps include purchasing Greatamerica assets, assuming liabilities, issuing debentures and stock, and calling redemptions. The plan also contemplates stock swaps for subsidiary securities and debt exchanges to cut common shares and lift earnings per share. The deal follows Greatamerica's January merger into LTV.
MENTIONED IN THIS ARTICLE
LTV
Computer Technology, Inc
Braniff International
National Car Rental System, Inc
Two Young Burglars Caught After Chase by Trucker
Two youths aged 12 and 14 were questioned after a midmorning burglary at Kleet Maintenance Co. on 30th St. A trucker, Richard Lee Hill, chased them across several blocks and cornered them. They allegedly stole $125. Police linked other burglaries in the city with linked suspects and recovered items including tires and tools. A jacket with a man’s name was found at Willie's Tire Co. and other thefts involved a battery charger lawn mower and apparel. Police reported vandalism at multiple sites including car window damage and a smearing incident on a car.
MENTIONED IN THIS ARTICLE
Kleet Maintenance Co
30Th St
W. C. Mann
Richard Lee Hill
Willie’s Tire Co
Erskine St
Willie Barnett
37Th St
Clovis Road
Herb Buckholder
61St St
Delft Germany animals survey invites holiday soil samples
Employed at the Royal Netherlands Yeast and Spirits Works are asked to bring soil samples from holidays for potential discovery of new antibiotics. The note appears in the Morning Edition of the Lubbock Avalanche-Journal.
MENTIONED IN THIS ARTICLE
Delft
Holland
UPT
Royal Netherlands Yeast and Spirits Works
Lubbock Avalanche- Journal
8Th and
Avenue Jn
Lubbock
Texas
Eve
Sun
Yao
Tubhock
Tex
Also Mentioned on This Page
Eisenhower
Dwight D. Eisenhower
Walter Reed Hospital
Denison
America
Greatamerica
Franklin Life Insurance Co
Hollywoonp
FBI
Neys
Penn-Press
Hopsack Jeans
Ned Cwe Fou
Tun
Bedford Card Jeans
Avenue Q
J. O. Tinsley
21St St
Robert Diaz
N. Elgin Ave
26Th St. Bill
Odessa
Cr. W. Tollin
Tollin Motor Co
1818 Ave. J
Ricky Gray
Woody Car Wash
1801 Ave
Avalanchie
Tournal
Southwest Lions Club
Arena Park Raceway
Cirele-Tahoka Hwy
DAN Norman Bicycle Shop
Williamson
Maytag