Companies expanding into related areas outperform diversifiers
A University of Chicago study finds firms growing in related lines outperform those broadening into unrelated products. Allegheny Beverage Corp and Emhart Corp exemplify strategy two, selling unrelated units while retaining aligned operations. Some firms pursue full diversification, keeping separate management for each acquired business.
MENTIONED IN THIS ARTICLE
Washington
Mone Ansett
University of Chicago
Yale Brozen
Allegheny Beverage Corp
Cheverly
Morton M. Lapides
Allegheny
Computerland to appeal ruling in Alameda County suit
Computerland Corp plans to appeal a March Alameda County Court ruling that could force payment of about 141 million dollars in cash and 20 percent of its stock to Micro West Corp. The company must post a bond equal to 200 percent of the cash damages to pursue the appeal. Micro West asserts the loan to founder William H. Millard in 1976 entitles it to the money and stock.
MENTIONED IN THIS ARTICLE
Oakland
Calif
Computerland Corp
Alameda County
Micro-West Corp
Computerland
William H. Millard
Millard
Micro-West
Herbert Hasif
Coalition fights to save Dorothy Six blast furnace in Duquesne
In Duquesne Pennsylvania a coalition of union leaders clergy and residents seeks to save U S Steel's Dorothy Six blast furnace which halted operations May 24 1984 and faces demolition June 10 The plan envisions a Steel Valley Authority to organize a buyer or worker buyout while unions argue the furnace could be revived with a continuous caster and 650 jobs though the company cites high startup and rehab costs and uncertain markets
MENTIONED IN THIS ARTICLE
Duquesne
Community Gump
U.S. Steel Corp
Ee Eere
Jay Weinberg
Tri-State Conference On Steel
Dorothy
Weinberg
Steel
Duquesne Wr
U.S. Steel
Duquesne Works
Dorothy Six
United Steelworkers of America
Charman
David Roderick
Roderick
Somone
Staughton Lyndh
Tri- State Conference
Ohio
West Vira
Tri-State Conference
Steel Valley Authority
McKeesport
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Lapides
Servomation
Stamford
Conn
Allegheny Pepsi-Cola Bottling Co
Entanary
Ralph Branca
Emhatt Corp
Emhart Corp
Hartford
Emhart
Branca
Jo Edda Rosskamp
Syncom Corporation
Miam: Lakes
Fla
Consumer Products Corporation
Syncom
Computerland To
Inc
Burdick
Morth
Syracuse
Munhall
Homestead
Turtle Creek
Monongahela River
Pittsburgh
Leo Zabelski
Laserphoto Union
Syracuse Savings
É Og FF
Goldome
Detwitt
Fairmount Fawr
N. Syracuse
Brewerton Rd
James St
Warren St
Mutual Savings Bank
United States