Life Technologies Directors Resign Over Takeover Offer
Two directors from Life Technologies resign citing a disputed $37 per share offer from Dexter Corp to gain control. The pair, Edison Biotechnology Center president Frank Samuel Jr. and industry consultant Iain Wylie, object to undervaluing the biotech company and allege chairman Grahame Walker dissolved an independent takeover panel. Dexter, based in Windsor Locks, manufactures specialty chemicals for medical, aerospace, and electronics sectors. Goldman Sachs valued Life Technologies at 36 to 51 dollars per share.
MENTIONED IN THIS ARTICLE
Rockville
Dexter Corp
Frederi
Frank E. Samuel Jr
Iain C. Wylie
Dexter
Life Technologies
Samuel
Edison Biotechnology Center
Cleveland
Wylie
London
Securities and Exchange Commission
Grahame Walker
Windsor Locks
Conn
Goldman Sachs & Co
Jobless rate declines in Frederick County
Frederick County unemployment fell to 2.7 percent in September from August, with 2,624 of 97,334 in the labor force unemployed. The report notes hiring in education, transportation services, general merchandise, health services, and trucking offset seasonal cuts in hotels, restaurants, construction, and outdoor work. Other counties’ rates are listed, Montgomery lowest at 2.4, Allegany highest at 6.8.
MENTIONED IN THIS ARTICLE
Frederick County
Maryland Department of Labor, Licensing and Regulation
Carroll County
Howard County
Montgomery County
Washington County
Allegany County
Area livestock auctions report heavy cattle prices in two markets
Frederick and Westminster livestock auction quotations show butcher cows varying 27 to 37 dollars per hundredweight, bulls up to 38 dollars, steers and heifers delivering strong Holstein values around 40 to 60 dollars, with stock cattle veal calves farm calves and goats also listed. Prices cover weights from light calves to heavy finishing cattle, reflecting regional demand and mixed lots.
MENTIONED IN THIS ARTICLE
Frederick
U.S
Frederick Livestock Auction
Westminster
Nor
Westminster Livestock Auction
Hagerstown
Ouster Considered for MAMSI Chairman George Jochum
The Mid Atlantic Medical Services board in Rockville and Frederick discussed removing chairman George T. Jochum, who led the firm since 1992 and CEO since 1989. The MDIPA parent, withdrawing from Medicare, serves 17 million regional customers.
MENTIONED IN THIS ARTICLE
Mid Atlantic Medical Services
Rockville
Frederick
George T. Jochum
MDIPA
Medicare
Also Mentioned on This Page
Exxon
Mryan
Dow Jones i
Fcnb Corp
M Bancorp
Science
New York Galt
First United
PennNat
AHO
Fred Brew
Jcpenney
Ko Alcoa
Pepsico
Kmart
Life Tech
US Airways
Lockheed
WalMart
Coca Cola
Marriott
Weis
Mercantile Crestar
Crown Amer
MAMSI
Ferris Baker Watts
Chicago
Chicago Board of Trade
Clinton
Russia
U.S. Agriculture Department
Ramar Moving Systems Inc
United van Lines
Ramar
Minmual Funds Report
Scottsdale Securities, Inc. Discount Stock Brokers
Monroe Street Plaza
Menther Sipc
Scattrade.com
Ear Ad Press
Ying
Rtartart
Industry Lane
Bidg. C. Frederick
SOS
Kitto
Ghi
Www
Proline
Intel
Jays
Roe
Natstoni
Mil “Ion
Internat Sa
Grove Rd
Phil Johns
Johns Direct, Inc
Westminster Hay Sale
Ag TL
Florida
Crestar
Crestar.com
Tato P
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