GE Utah International merger creates largest U.S. deal
General Electric and Utah International shareholders approve a 2.2 billion tax free exchange of 41 million GE shares for 315 million Utah shares. The all stock merger expands GE into minerals and fuels, raises international earnings, and places 40 percent of GE profits from overseas.
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General Electric
Utah International
U.S
New York
UPI
General Electric Co
Utah International Inc
Stratford
Conn
Utah
Mn Sin Francisco
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Reginald H. Jones
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New York Stock Exchange
Ge-Utah
Sehering Corp
Plough Inc
Exten: Ave Coal Holdings
Australia
Free World
Justice Department
Dones
Logic Behind Funny Humor, Temple Expert Says
Temple University mathematician John A. Paulos argues humor requires logic and paradox insight. He says dogmatists and true believers lack humor due to rigidity and dullness, making them dangerous.
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Pihladelphia
Temple University
John A. Patlos
Wild horses urged off federal lands to curb overpopulation
A UPI report to Congress from the Bureau of Land Management and the Forest Service warns wild horse herds in the West are growing too fast with about 66 000 horses on federal lands. It calls for removing up to 10 000 animals to slow range deterioration, though no concrete removal plan is proposed.
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Washington
UPI
West
Congress
Bureau of Land Management
Forest Service
BLM
Public lawmakers press to extend public financing to Congress
Five members of Congress urged extending public financing to congressional elections and amending the Federal Election Campaign Act. They argued presidential funding reduced influence by wealthy interests but warned of rising special interest money in Congress. They proposed raising general election funding and allowing larger state and local party spending, plus better access for minor candidates. They also noted regional voting shifts from the North toward the South and West.
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Washington
API
Congress
House
Tme
Edward Kennedy
D-Mass
Joning Kennedy
Dick Clark
D-lowa
Charles Mathias
Rmd
Morris Udall
DeArtz
John Anderson
Bell
Clark
Udall
Cone
Senate
Mathias
U.S
Conference Board
North
Zavala Grant Denied by Regional Council
Zavala Development Corp seeks a $1.5 million state grant for a private farming cooperative in Zavala County. The Middle Rio Grande Development Council voted 17 to 8 to deny an appeal hearing after earlier rejection, amid claims the project would create “a Little Cuba.” Gutierrez accuses discrimination and vows to protest due process.
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Briscoe
Gutierrez
Cuba
Zavala
Sth U
Sth U.S. Client Court of Appeals
New Orleans
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