Carrolls Board Faces 3750 Decision
Board of Carrolls weighs a 3750 action impacting operations. The brief notes a potential policy change and its financial implications for the company. Further details are not provided in the readable text.
18 Dec 1986
Page 1
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Dec 18, 1986
Page
1
Board of Carrolls weighs a 3750 action impacting operations. The brief notes a potential policy change and its financial implications for the company. Further details are not provided in the readable text.
Carrolls Corp, Syracuse based and operating 137 Burger King restaurants in nine states, moves to private ownership after shareholders were to approve a purchase offer from executives and investors. Shareholders will receive $11.25 a share, while outgoing chairman Herbert N Slotnick collects about $24.2 million plus stock incentives and consulting fees.
Forecast calls for one to two inches of snow overnight with a low around 32 and scattered flurries on Friday reaching high mid thirties to around 40. Details reference circulation and a local contact number.
Albany lawmakers move to raise Gov. Mario Cuomo to 130000 a year, a 30 percent jump, while boosting lieutenant governor attorney general and comptroller pay. The measure also adds leadership stipends for Assembly leaders and raises stipends for several posts, with Senate approval expected.
The state Public Service Commission proposed extensive rate cuts that could eliminate an upcoming New York Telephone rate increase and yield about 50 million dollars in August with no increases before January 1990. By end of 1989, a further 400 million could be reduced. Public hearings will follow before final action.
Washington The Reagan administration disclosed a diversion of funds from an Iranian arms deal to Nicaragua's Contra rebels but senators say there is no direct evidence that money or arms moved. In private Senate testimony Attorney General Meese could not provide hard facts of transfers and said the criminal probe may determine that question.
Nicaragua's government pardoned American gun-runner Eugene Hasenfus in a Christmas message of peace voiced by President Daniel Ortega. Hasenfus left for the United States within hours, aided by U.S. Senator Christopher Dodd, after being held since Oct 6 when the aircraft he flew on was shot down while resupplying Sandinista opponents.
The January Arts & Antiques magazine argues Mona Lisa mirrors Leonardo da Vinci’s features, including eyes and smile, based on a computer comparison with a da Vinci self portrait. The claim notes Da Vinci’s strong attachment to the painting and cites expert commentary on the potential significance.
The state Legislature is expected to go home without returning to taxpayers billions of dollars from extra money the state will collect due to federal tax reforms. Gov Mario Cuomo spokesmen and the Senate Finance Committee say they failed to resolve the issue. Cuomo spokesman Gary Fryer noted limited discussion. Still, the failure will not immediately affect New Yorkers even if the Legislature does nothing.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.