Limited DeBartolo drop bid for Carter Hawley Stores
The Limited Inc and Edward J. DeBartolo Corp abandon their 1.96 billion hostile offer to buy Carter Hawley Hale Stores after Carter Hawley rejects the bid and proposes a split into two public companies. General Cinema backed Carter Hawley, while Retail Partners raised the bid to 60 dollars a share before retreat.
MENTIONED IN THIS ARTICLE
Columbus
The
Limited Inc
Edward J. DeBartolo Corp
Carter Hawley Hale Stores Inc
Carter Hawley
Out
General Cinema Corp
Retail Partners
Limited
DeBartolo
New York Stock Exchange
Carter Hawley Hall
Carter Hawley Hall Board
General Cinema
Carter Hawey
Rates rise again on T bills as auctions set higher yields
U S Treasury sold 7.8 billion in three month bills at 5.51 percent discount, up from 5.4, and 7.8 billion in six month bills at 5.5, up from 5.46. Three month rate highest since Aug 18 5.64 while six month highest since Nov 10 5.54. Returns implied 5.67 and 5.74 percent for 10000 and 9721.90 respectively. Federal Reserve noted one year bill yield rose to 5.78 percent after 5.77 prior week.
MENTIONED IN THIS ARTICLE
NEW York
NYSE
Mitel Mobil
Sash Tehlow
NCR
Wat Pfizer
Baxter
PhilaEl
BellSou
PhilMr
Boein
PhilPet
BrGas
RJR Nbi
Sears
Smith
SouthCo
Clair
le Tempin
Tenaco
Texaco
TexCm
Cooper
Deanf
TexUtil
Tigerln
Toyrus
Exxon
Unocal
Pierre R Smith
Centerior
CPC Inter Inc
Houlnd
Emerson
Ye First Bancorp Abm
Fruehauf
Icinds
Me Goodrich
IntPapr
Lear Siegler
Nordson
KyUti
ALY
Ohio Edison
Parker Hanmfin
Macmus
Smucker
Texas Utilities
Mascos
Woolworth
York International
Washington
Treasury
Treasury Department
Federal Reserve
USAir to buy Pacific Southwest in West Coast merger
USAir announces a $400 million deal to acquire Pacific Southwest Airlines, creating the eighth largest U S carrier. PSA and USAir boards approved the merger. PSA earnings to date this year and PSA stock details are noted as the transaction awaits shareholder and government approval.
MENTIONED IN THIS ARTICLE
Washington
Usair
Pacific Southwest Airlines
West
PSA
Edwin Colodny
Colodny
Usair Group
San Diego
Washington D.C
Transportation Department
Also Mentioned on This Page
the Limited
Limited’s
Lerners
Lane Bryant
Henri Bendel
North
Norwalk
Home Equity Loans
Gasilty
National City Bank
Ita
Cuyahoga County
Cleveland, Ohio
Jerri Ternes
Helen Salyan
Tom E Haywood
Dum Vandemark
Tont Ries
Doug Boutall
Macbell Smith
Thos. P. Haywood
Harriet Smith
Jeanne Haywood
Rutham Byrne
LG. Miller
Janice Kirsh
Janice Haywood
Sally Traft
Eleanor Compton
Wilma Mihalis
Laura Fauver
Eleanore Miller
Tim Haywood
Peggy Haywood
Jane Boreski
David Dewald
Hubert Smith
Wm. Gehrke
Molidea
Brandau Jewelers
Broad St
Elyria, Ohio