Akron GenCorp Target of 23 Billion Takeover Bid
AFG Industries and Wagner Brown bid 23 billion to acquire Akron GenCorp. If accepted, the group would keep Tire and DiversiTech units while selling RKO, KHJ Channel 9, and WOR stakes. The offer runs to April 14 with board review by March 31.
MENTIONED IN THIS ARTICLE
Akron GenCorp
Los Angeles
AFG Industries Inc
Wagner & Brown
GenCorp
RKO Broadcasting
Aerojet General Aerospace and Defense
General Tire
Walt Disney Co
Federal Communications Commission
Disney
New Jersey
WOR
MCA Inc
AFG Industries
Monica-based
Lear Siegler Inc
Fred Spar
A. William Reynolds
General Partners
Wells Fargo
Wells
Shearson Lehman Bros Holdings Inc
Shearson
Egg prices and metals quotes from Columbus and New York
Ohio egg prices to retailers show Extra large 60 to 63 cents, large 59 to 62, medium 42 to 54, small 36 to 39 cents per carton. New York COMEX closing: Gold 405.10, Silver 57.58 per ounce. Platinum 523.40. Aluminum 59.65¢, Copper 63.45¢, Lead 26¢, Zinc 41¢, Tin 415.93¢ per pound. Mercury 210 to 240 per 76 pounds local futures.
MENTIONED IN THIS ARTICLE
NEW York
NYSE
Henan
Saba
Atk
At&t
Ifa Uy BneOne
BokAm
Peary
Baxter
BetbSti
Boeing
Columbus
Ohio
Ms Digital
Us duPont
Enron
Exxon
FedEx
Gannett
Aft GaCorp
GaPac
Halbin
Heinz
HewlPk
Hanwell
Yy Aouind
Hugh Ti
JohnJn
KLM
Ve Kmart
Fla
Bova + Kraft
Kroger
Mead
Merck
MerLyn
MMM
Ta ReyMill
Bhat Royld
Salomn
Texaco
Zayres
Grain bids posted by Lorain County farm bureau cooperative
Local cooperative reports yesterday's market close bids for Wheat at 273 per bushel Shelled corn 151 per bushel Oats 1.55 per bushel Soybeans 464 per bushel. The figures reflect grain prices available to mutual members and area farmers with no further context provided.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association
House backs plan to cap credit card rates
A House subcommittee approved a plan to set a federal ceiling on credit card interest at eight points above the one year Treasury yield, with quarterly adjustments. If in effect today, top rates would be about 13.8 percent, a point highlighted as aiding consumers.
MENTIONED IN THIS ARTICLE
Washington
House
Treasury
Federal Reserve
Frank Annunzio
Consumer Affairs and Coinage Subcommittee
House Committee On Banking, Finance and Urban Affairs
Trade bill faces possible veto as Yeutter warns
U S Trade Representative Clayton Yeutter told lawmakers the sweeping trade plan has major problems and could be vetoed if unchanged. He criticized key provisions while urging a tougher yet economy strengthening bill before Reagan signs any measure amid debates over deficits and foreign practices.
MENTIONED IN THIS ARTICLE
Washington
U.S Trade
Clayton K. Yeutter
Reagan
Yeutter
Fall in coffee prices threatens Central American economies
Mexico City AP reports a sharp drop in coffee prices will cost Guatemala Honduras El Salvador Nicaragua and Costa Rica between 450 and 700 million dollars this year while Mexico faces about 400 million in losses. Officials warn the region faces a renewed crisis as oversupply and failed export quota talks deepen debt woes and reduce foreign revenue.
MENTIONED IN THIS ARTICLE
Mexico City
Central America
Guatemala
Honduras
el Salvador
Nicaragua
Costa Rica
Mexico
Sergio Ramirez
Brazil
Alejandro Martinéz Cuenca
United States
Canada
Rodolfo Estrada Hurtarte
Central Bank
Gonzalo Carias Pineda
Central Reserve Bank
Also Mentioned on This Page
Los Angeles Daily News
DiversiTech General Plastics
GenCorp Management
Steve Ellis
Mutuals
Seil Bay Amer-Wash Mutual
Dreyfus
Fidelity-Puritan
Hancock-Bond
Mit
National-Bond
World
Vanguard-Weligmn
Texas Instruments Semiconductor
Dallas
Texas
Rep
Chalmers Wylie
Visa
John Bennett
Schumer
Consumer Federation of America
Dan Rostenkowski
D-Ill
Ways and Means Committee
Sam Gibbons
D-Fla
Lizardo Sosa Lopez
International Coffee Organization
London
Mace Electronics
Midway Crossing
Elyria
Gary Church
Susan Cross
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