Allied to buy Bendix for about 1.9 billion in settlement
Allied Corp. settles the takeover battle by agreeing to buy Bendix for about 1.9 billion and gain a stake in Martin Marietta. Bendix becomes Allied subsidiary with William Agee as president and CEO. Bendix HQ stays in Southfield Michigan. Allied gets two board seats but a 10 year standstill on further Marietta ownership. Marietta would buy back most Bendix stock and maintain 39 percent of Marietta shares. United Technologies remains a rival bidder in the broader asset split.
MENTIONED IN THIS ARTICLE
New York
Allied Corp
Martin Marietta Corp
Bendix Corp
Bendix
Marietta
Allied
Swallow Marietta
Marietta Holding
Southfield
Mich
Agee
United Technologies Corp
United Technologies
Burger Giants Clash In U S Court About Ads
In Miami a federal court case pits McDonald’s against Burger King over a 20 million TV ad campaign claiming flame broiling outperforms frying. The dispute centers on whether Big Macs are fried or grilled and if Burger King’s claims are accurate. The court ordered sharing of material before a later injunction hearing, with both sides asserting substantiation for their positions.
MENTIONED IN THIS ARTICLE
Miami
Big Mac
McDonald's
Burger King
McDonald's Corp
U.S
Eugene P. Spellman
Barry Davison
Stephen Lang
New York City
America
McDonald’s
Golden Arches
Bob Keyser
Chicago
Burger King Corp
New York
John Weir
A Little Classified Ad Brings BIG Results
A brief classified advertisement yields notable impact with a small price and strong return. The ad proves effective for reaching readers and generating attention beyond its modest cost.
Lane Kansas to issue sewage system bonds for 504000 project
City of Lane Franklin County Kansas approves engineer report for a Sewage Disposal System costing about 504000 with EPA grant 351700 and city share 152300. Notice publishes intent to construct and issue revenue bonds not exceeding 152300, bonds secured by system revenues not city-backed. Public notices run September 25 to October 9 1982.
MENTIONED IN THIS ARTICLE
Lane
Franklin County
Kansas
K.S.A
Clement F. Egger
United States
Paola
Ottawa Hero G
E.P.A
Otte
Ge Crung
Homer White
District Court
Joe, Leatherberry
Ottawa
Laurence K. Moore, Jr
Also Mentioned on This Page
Marietta, Bendix Battle
Burger Giants
Main
Ottawa Ay
Tru
Ohawa
By Bil Keane
Marbles
Wes
Franklin County Shrine
St. Main
Shriners
Everett Stark
Jay Todd
Personals Narcotics Anonymous
Alcoholics Anonymous
Al-Anon
Jesus
United Pentecostal Church
South Main
S. Main
Tiges
Anye
Patty
Doc
Walt
Whats
Phyllis
Iter Seval Ang Ts ‘Wa Herald
Edith Chambers
Wendell J. Barker
Box
Edith Chamb
Publis
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