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Syracuse Herald Journal in Syracuse, New York

26 Jun 1996

Page 8

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Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Jun 26, 1996

Page

8

Major mutual fund firms merge in seller’s market shift

The Associated Press reports a surge in mutual fund company consolidations as Morgan Stanley, Merrill Lynch, and Franklin Resources pay over 2 billion to expand fund families. Franklin buys Home Securities for up to 800 million, boosting assets and cross selling.

MENTIONED IN THIS ARTICLE

Nornal-Fund Oping Morgan Stanley Group Inc Merriil Lynch & Co Franklin Resources Inc Hes Sia Selier Michael Lipper Lipper Franklin Resources Michael Price Home Securities Inc Price Chase Manhattan Corp Chemical Banking Corp Wylig Flahy Cole Franklin Heime Heine Morgan Stanley van Kampen American Capital Inc Merrill Lynch Hawmus & Winey Los Angeles
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Owl Wire Expansion Gains State Local Backing in Canastota

Canastota based Owl Wire and Cable will build a 43,000 square foot addition starting in August, expanding local staff by 10. State and federal grants totaling 815,415 will fund infrastructure at Canastota Industrial Park, with further aid totaling about 1 million. Niagara Mohawk will provide a favorable pricing plan for electricity as local leaders credit government industry cooperation for the expansion.

MENTIONED IN THIS ARTICLE

Owl Wire Tharday Tit Georgia Philp Kemper Canasiota Kemper Sai Madison County Canastola Larry Carpenter Madison County Board of Supervisors Carpenter Owl Niagara Mohawk Power Corp Kemper NiMo Niagara Mohawk Bill Magee D-Nelson Magee Canastota Raven Wire and Cable
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Also Mentioned on This Page

Herald-Journal the Post-Standard Aquaria Aries Taurus Gemini Cancer Leo Vigo Libra Scorpio Sagittarius Capricorn Eady Fred Sport Motors Erie Syracuse Cowth Funds The Associated Press Morningstar Inc Fanume Heine Securities Mutual Beacon Mutual Discovery Mutual Qualified Mutual Shares Feth New Jersey Moss Ae | Frank Rana Eee Ee Rany Sag. Ree Se. Bank Hinds NY Times News Chase and Small Business Chase Chass IP Chase Manhattan Lanna New York Power Authority Dean Witter Aay Clinton Street
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