Chrysler rebuffs $22.8 billion bid from Kerkorian and Iacocca
Billionaire Kirk Kerkorian and Lee Iacocca proposed a $55 a share buyout of Chrysler, but chairman Robert Eaton said the company is not for sale and would exhaust cash reserves. The bid, supported by Tracinda, faced lawsuits and market skepticism as analysts weighed potential outcomes and ongoing management.
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Detroit
Kirk Kerkorian
Chrysler
Iacocca
Robert J. Eaton
Acocea
Kerkorian
Lrgest
Comany
Gambito
Alex Yemenidjian
Tracinda Corp
Las Vegas
Yemenidjian
Tacocca
Lang
Tracinda
Eaton
Delaware
New York Stock Exchange
Guatemalan General Fined in Atrocity Case
U S District Judge Douglas Goodiadock ordered Gen Hector Gramajo to pay 47.5 million to victims in Guatemala for torture and murder carried out while he held top military posts in the 1980s and 1990. The ruling found Gramajo liable for failing to act against atrocities. Police seek clues in disappearance of 2 year old Aaron Friday in Rockville Maryland.
MENTIONED IN THIS ARTICLE
Boston
Neral
U.S
Douglas Oodiock
Hectorejandro Gramajo
Aff
Defense
Gramajo
Burl Ives incoma ends hope of revival at home
Burl Ives slipped into a coma at home surrounded by family and his wife Dorothy. The 8 year old actor and folk singer known for Frosty the Snowman and his Oscar winning role in The Big Country faced mouth cancer with multiple surgeries in recent months.
MENTIONED IN THIS ARTICLE
Anacortes
Wash
Burl Ives
Mr. Ives
Marjorie Schicktanz Ashley
Dorothy
Ms. Ashley
Frosty the Snowman
Big Daddy
Cult official arrested in Tokyo nerve gas probe
Police arrested Tomomitsu Niimi, security chief of the Aum Shinri Kyo group, on kidnapping charges after a woman alleged he drugged her and held her in a freight container for months. Investigators say the sect used a swank Tokyo apartment rented for 700000 yen a month, highlighting the contrast with its austere follower lifestyle.
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Tokyo
Tomomitsu Niimi
Sweet N Low makers plead guilty to illegal campaign contributions
Cumberland Packing Co. top officials admitted funneling over 200000 in illegal contributions from 1985 to 1994 to influence saccharin bans. Funds supported Dole and Bush campaigns in 1988 and 1992, along with other lawmakers. Joseph Asaro, the plant manager and GOP relations head, led the scheme and faces up to 20 years. other executives also pleaded guilty.
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New York
Bob Dole
George Bush
Alfonso D’amato
R-N.y
Lloyd Bentsen
Texas
Geraldine Ferraro
D-N.y
Cumberland Packing Co
Cumberland
Food and Drug Administration
Congress
U.S
Zachary Carter
Carter
Joseph Asaro
Marvin Eisenstadt
Asaro
Salvatore
Vacuum damage hits Jefferson Pike area with strong winds
Weather services logged winds over 50 mph Sunday evening along Jefferson Pike. A home across from Torreyson lost its roof as trees snapped and fell. Torreyson, living there 30 years, described the scene as a “vacuum” pulling away debris while insurance and contractors prepare damage estimates.
MENTIONED IN THIS ARTICLE
Mr. Torreyson
Lillian Keenan
Torreyson
Jefferson Pike
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