Reynolds to Acquire Nabisco in $4.9 Billion Merger
R J Reynolds Industries, the second largest U.S. cigarette maker, agrees to buy Nabisco Brands for about $4.9 billion creating a top consumer products company with over $19 billion in annual sales. The deal includes cash tender offers and stock options, pending Nabisco shareholder and regulatory approvals.
MENTIONED IN THIS ARTICLE
New York Times
New York
R.J. Reynolds Industries
Nabisco Brands Inc
Wall Street
Allied Corp
Signal Companies
Nestle S.A
Carnation Co
Beatrice Companies Inc
Esmark Inc
Beatrice
General Foods Corp
Dart & Kraft Inc
Nabisco
Reynolds
Winston, Salem
Camel Cigarettes
del Monte Foods
Food Firms Rally On Nabisco Takeover Hopes
Shares of Nabisco and other food processors jumped after Nabisco said talks with R J Reynolds were exploratory and produced speculation of a takeover. Campbell Soup, Dart & Kraft rose about six points as Pillsbury Quaker Oats and Ralston Purina gained four or more. General Foods General Mills and H J Heinz also advanced.
MENTIONED IN THIS ARTICLE
New York Times
New York
Nabisco Brands Inc
Hus
R.J. Reynolds Industries
Wall Street
Nabisco
Campbell Soup
Dart & Kraft
Pillsbury
Quaker Oats
Ralston Purina
General Foods
General Mills
H.J. Heinz
United pilots extend strike across airports rally at O Hare
United Airlines pilots vow to continue the 18 day strike until a fair contract, joined by pilots from other airlines and union members at a solidarity rally near O Hare. Pat Friend, chairwoman of United's flight attendants, urged persistence as spectators and reporters heard Studs Terkel condemn United's actions.
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Chicago
United Airlines
O’hare International
United
Air Line Pilots Association
Pat Friend
Icahn eyeing expansion if TWA bid wins
Carl Icahn, controlling about one third of Trans World Airlines, said he would add planes and routes if his takeover succeeds, seeking union concessions. He offered roughly $600 million. directors may seek other offers, with a stockholders vote in about 60 days.
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ST. Louis
Carl C. Icahn
Trans World Airlines Inc
New York
St. Louis Post-Dispatch
Icahn
TWA
Crim efor rary Noli sy laa mace ear
Local notice lists an address at 1 412S Central St Benton Illinois plus a phone number 618 439 6472. Details are fragmentary and unnamed entities are partial.
MENTIONED IN THIS ARTICLE
Central St
Benton
Free Hearing Test Set for Randolph County Seniors
A free electronic hearing test offered by a licensed Dispenser from Illinois is available at The Royal Motor Lodge in Chester on the first Wednesday of each month from 9 AM to Noon. Tests explain ear function, causes of loss, and latest aids. in home testing and appointments outside Wednesday also offered via toll free number 1-800-642-6924. Beltone and Southern Illinois Surgical Appliance are listed sponsors.
MENTIONED IN THIS ARTICLE
Royal Motor Lodge
Chester
Beltone
Southern Illinois Surgical Appliance
West Frankfort
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R.J. Reynolds & Nabisco
Peter O. Allan
George V. Novello
E.F. Hutton & Co
U.S
United Pilots
Studs Terkel
O’hare
UPI
Nyt
United Press International
NYH
New York City
North Sea
London
Organization of Petroleum Exporting Countries
OPEC
Richard Saville
Phillips & Drew
Brent
Rooney
Pace
SEC
Security System
Entral Security Systems
Randolph County
Young
In’ Shop
E. Main
Carbondale
K-Mart
Southern
Illinois
James R. Thompson
Marion
Knights of Columbus
Columbus Drive
Marion, Illinois
Randy Patchett