Lorain Journal sale signals end of Ingersoll empire
Ralph Ingersoll II will hand over his controlling stake in nine dailies and 53 weeklies, including the Lorain Journal, to Warburg Pincus after failing to buy back junk bonds and meet interest payments. The move likely leads to sale of the community papers and a continued expansion at the Lorain Journal under new owners.
MENTIONED IN THIS ARTICLE
Lorain Journal
Ingersoll Falls
Amy Richards
Lorain
Ralph Ingersoll II
Washington
Ingersoll
U.S
New York
E.M. Warburg, Pincus & Co
Ingersoll Newspapers Inc
New Haven Acquisition Co
New Haven Register
Community Newspapers Inc
Willoughby News-Herald
Morton
Lorain Journal Today
William Rush
Warburg, Pincus
The
Journal
Drexel Burnham Lambert Inc
Wall Street
Harry Horvitz
Cleveland
St. Louis Sun
Ohio
Local firms donate two cars to Polaris Career Center
Local companies donate a 1985 Pontiac Fiero and a 1985 Hyundai to Polaris Career Center auto mechanics classes. PPG Industries’ Automotive Refinish Technical Group and Sunnyside Honda presented the vehicles, tying into a broader program of high performance pace cars used in auto events.
MENTIONED IN THIS ARTICLE
Fiero
Hyundai
Polaris
Middleburg
Hts
Polaris Career Center
PPG Industries’ Automotive Refinish Technical Group
Strongsville
Adition
Sunnyside Honda
Middlebury Heights
Mark Jones
PPG
U.S
Jerry Meade
Randy Bramel
Rich Wanko
Skewed sale clouds value of Fisher Guide plant transfer
Elyria officials label last fall’s plant sale to Northern Ohio Associates as skewed after Maynards Industries and the buyer formed a partnership post sale. If tax, board review lowers the property from 10.7 million to 4.1 million, Elyria Schools could lose over 67 thousand dollars yearly.
MENTIONED IN THIS ARTICLE
Elyria
General Motors
Fisher Guide
Northern Ohio Associates Ltd. Partnership
County Board of Tax Revision
Elyria City
Mark Stewart
Julian Pijor
Stewart
Stephen Rosen
Northern Ohio Associates
Market Opens 1990 With Modest Gains Across Markets
The Dow rises 18.57 to 2899.26 as the dollar marks gains in German exchange after East West reunification while Treasury sells 8.8 billion in three month bills at 7.73 percent and six month bills at 7.60 percent. U S debt hits 663.7 billion as overseas holdings rise. Housing affordability improves with NA ReALTORS index at 105.6 in May.
MENTIONED IN THIS ARTICLE
Monetary Union
East
West Germany
Washington
Treasury
Treasury Department
United States
Commerce Department
U.S
National Association of Realtors
New York
MYSE
Amoco
Baxter
Asia
ConAgs
DowCh
Va Endesa
Entergy
Exxon
Foxpro
Va Gannett
Ve Generon
IlPawe
Inca
Johnin
Newscp
Nrwsts Ag Tae I
Novag
NuyMu Na
OceiPot
PepsiCo
Ronnie
Tho
Rover RA
Creston Livestock Sale Frings Nests and Prices Listed
Creston Auc tion reports 279 consignors offering 702 head Monday including calves sheep hogs and cattle. Prices range from 20 to 75 dollars for straw and feeds to 186 for cross bred cattle, beef cows, steers and heifers with various grades and weights noted.
MENTIONED IN THIS ARTICLE
Creston
Also Mentioned on This Page
John Morton
Lynch, Jones & Ryan
Warburg
Pincus
Sun
Rush
the Plain Dealer
Lake County
News-Herald
Lorain County
St. Louis
Linda Kramer
C-T
Cleveland Area
Sunnyside
Berea
Fairview
Midpark
North Olmsted
Olmsted Falls
Joseph C. Darrow, Jr
M.D
Ano
Antonio Rosario
Erie Shores Orthopaedics, Inc
N. Ridge Road
Maynards
Northern Associates
Jane
Tekinx
Te Telef
I Texaco da Bra
Usshoe St
Warnls
obta + Waste s
Avey
Ayy
Wstge
Pierre R Smith Co
Ee Acme Cleve Allied Corporation
Allie
AmerShip Building
Lb Cpc Inter Inc
Emerson
First Bancorp
Goodrich
Hills Depth Invacare
LCB Bancorp
Lesco Inc
LNB Bancorp
Nordson
Northern Savings
Ohio Edison
PNC Corp OM
Parker Hannifin Xu Smucker
Sunrise Medical of Texas
Woolworth
Mid-Am Inc
Creston Livestock