Der 30. Dezember 1993 war ein Donnerstag unter dem Sternzeichen ♑. Es war der 363. Tag des Jahres. Präsident der Vereinigten Staaten war William J. (Bill) Clinton.
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30th of December 1993 News
Nachrichten, wie sie auf der Titelseite der New York Times am 30. Dezember 1993 erschienen
2 Held in Upstate New York Bombings Fatal to 5
Date: 30 December 1993
By James Barron
James Barron
A man apparently angry at his girlfriend's relatives was arrested yesterday in connection with a series of bombings across upstate New York that killed five people within 90 minutes of each other on Tuesday evening. A second man, who the authorities said had bought dynamite and blasting caps and helped make the bombs, was also arrested. Law-enforcement officials said six bombs were delivered to relatives of the girlfriend, Brenda Lazore, who lives in the Rochester area.
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IOWA UTILITY COMPLETES MERGER OF SUBSIDIARIES
Date: 31 December 1993
By Bloomberg News
Bloomberg News
IES Industries Inc. said yesterday that the merger of its two principal subsidiaries, the Iowa Electric Light and Power Company and the Iowa Southern Utilities Company, would be completed today. The combined entity will be known as IES Utilities Inc. and will be based in Cedar Rapids. The Federal Energy Regulatory Commission approved the merger on Dec. 7.
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Joint Venture To Merge Plastics Units
Date: 31 December 1993
By Bloomberg News
Bloomberg News
The Royal Dutch/Shell Group and Italy's Montedison S.p.A. said today that they would merge large parts of their plastics businesses, creating a company with annual sales of nearly $3 billion. The new company, to be equally owned by the parents and based in the Netherlands, will be the world's largest producer of polypropylene, a plastic widely used for car parts, and will have 18 percent of the world market.
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LTV TO CONTRIBUTE $59 MILLION TO PENSION PLANS
Date: 31 December 1993
By Bloomberg News
Bloomberg News
The LTV Corporation said yesterday that it would contribute $59 million that it had received from the redemption of notes to its pension plans. As a result, LTV will record a one-time credit of $30 million to fourth-quarter earnings. The company is contributing to its pension plans as part of an agreement with the Federal Pension Benefit Guaranty Corporation. LTV received the subordinated pay-in-kind debentures in the sale of its LTV Steel unit's bar business to Republic Engineered Steels Inc. in 1989. On the New York Stock Exchange, shares of LTV rose 87.5 cents, to $16.125.
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BESSEMER CAPITAL PLANS SALE OF TIDEWATER STOCK
Date: 30 December 1993
By Bloomberg News
Bloomberg News
Bessemer Capital Partners L.P. plans to sell all or part of its 7.2 percent stake in Tidewater Inc., according to Securities and Exchange Commission filings. The partnership also said its representative on Tidewater's board, Ward Woods Jr., had resigned this week, ending Bessemer's connection to the company. Bessemer, of New York, currently holds 3.99 million shares of Tidewater, a New Orleans provider of support services to the oil and gas industry. Bessemer will sell the shares on or after Jan. 15, a filing said.
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FRUIT OF THE LOOM TO BUY JOSTEN'S SPORTSWEAR UNIT
Date: 30 December 1993
By Bloomberg News
Bloomberg News
Fruit of the Loom Inc. signed a letter of intent to buy Josten Inc.'s sportswear division, a Josten's spokesman said yesterday. The sale is subject to completion of a definitive agreement. Further details weren't immediately available. Josten received two bids last month, including one from the unit's current management. It had put the sportswear division, which had $76 million of sales in fiscal 1993, up for sale this summer, saying it wanted to concentrate more on education and products like class rings and yearbooks.
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SEAGRAM INCREASES ITS STAKE IN TIME WARNER TO 10.4%
Date: 31 December 1993
By Bloomberg News
Bloomberg News
The Seagram Company said yesterday that it had spent $180 million to raise its stake in Time Warner Inc., to 10.4 percent from 9.3 percent of common shares outstanding. Seagram, of Montreal, the producer of distilled spirits and wines, bought 4,074,825 shares of Time Warner common stock between Dec. 17 and Wednesday at an average price of $44.17 a share, according to a filing with the Securities and Exchange Commission. The purchases increase its holdings in Time Warner to more than 39 million shares. Time Warner shares closed yesterday at $44.25, up 12.5 cents.
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VALUE MERCHANT GETS APPROVAL TO CLOSE 75 STORES
Date: 30 December 1993
By Bloomberg News
Bloomberg News
Value Merchants Inc., which filed for Chapter 11 bankruptcy protection two weeks ago, said yesterday that it had received Federal bankruptcy court approval to close 75 stores. Value Merchants, based in Milwaukee, will shut 45 of its 420 Everything's A Dollar deep-discount units and 30 of its 119 Toy Liquidators outlets, mostly in California and Illinois. Value Merchants said it would seek permission to close more stores within 30 to 60 days. The company has said it wants to shut 115 stores as it tries to sell its wholesale toy business and the Toy Liquidators unit.
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MCI Seen in Plan to Build Local Telephone Networks
Date: 31 December 1993
By Bloomberg News
Bloomberg News
The MCI Communications Corporation, the No. 2 long-distance company in the United States, may announce a plan next week that could reduce the billions of dollars it pays to local telephone companies to complete its long-distance calls. The plan reportedly would include the building of MCI's own local telephone networks in American cities to bypass the local phone exchanges, operated primarily by the seven regional Bell companies.
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TURNER BUYS REMAINING 50% STAKE IN HANNA-BARBERA
Date: 30 December 1993
By Bloomberg News
Bloomberg News
Turner Broadcasting System Inc. has agreed to buy the Apollo Investment Fund's 50 percent stake in the Hanna-Barbera Inc. television production company for $255 million. Under the agreement, Turner will pay Apollo about $68 million in cash and assume a $33 million senior note and other debt, according to a statement filed yesterday with the Securities and Exchange Commission. The transaction must be completed by Friday, the filing said.
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