Το 29 Δεκεμβρίου 1993 ήταν Τετάρτη κάτω από το σύμβολο του αστεριού του ♑. Ήταν η 362 ημέρα του χρόνου. Πρόεδρος των Ηνωμένων Πολιτειών ήταν ο William J. (Bill) Clinton.
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29th of December 1993 News
Ειδήσεις όπως εμφανίστηκαν στην πρώτη σελίδα των New York Times στο 29 Δεκεμβρίου 1993
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.
Full Article
INVESTOR GROUP COMPLETES PURCHASE OF NACOLAH
Date: 29 December 1993
By Bloomberg News
Bloomberg News
An investor group of limited partnerships, shareholders and company management has completed the purchase of the closely held Nacolah Holding Corporation for about $115 million in cash. The group included a limited partnership affiliated with Donaldson, Lufkin & Jenrette, a unit of the Equitable Companies; International Insurance Investors L.P.; the Life Re Corporation, and the shareholders and management of Nacolah. Nacolah sells life insurance policies and other products through the North American Company for Life and Health Insurance and the North American Company for Life and Health Insurance of New York.
Full Article
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.
Full Article
JASON AGREES TO ACQUIRE DELTAK FOR $30 MILLION
Date: 29 December 1993
By Bloomberg News
Bloomberg News
Jason Inc. said yesterday that it had agreed to acquire the stock of the Deltak Corporation for $30 million in cash, financed by bank loans. Deltak, which is expected to add about $75 million in annual revenue and double Jason's power generation business, makes waste heat recovery boilers and specialty boilers for power generation and industrial use. Jason, based in Milwaukee, reported earnings of $6 million, or 50 cents a share, on revenue of $207 million in 1992.
Full Article
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.
Full Article
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.
Full Article
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.
Full Article
NISSAN TO RAISE U.S. PRICES EFFECTIVE JAN. 3
Date: 30 December 1993
By Bloomberg News
Bloomberg News
The Nissan Motor Corporation U.S.A. will increase prices on certain 1994-model cars and trucks by an average of 2.0 percent, or $321, effective on Monday. Within the Nissan line, the price of the auto maker's most popular United States model, the Altima GXE sedan, will increase by 1.8 percent, or $295, to $15,979. The least expensive Nissan car, the Sentra two-door, is increasing 3.2 percent, to $10,199.
Full Article
NORTH AMERICAN VAN LINES TO SELL FREIGHT UNIT
Date: 29 December 1993
By Bloomberg News
Bloomberg News
North American Van Lines Inc., a unit of the Norfolk Southern Corporation, said yesterday that it would sell North American Freight Systems to privately held DeBoer Inc. of Blenker, Wis. The terms were not disclosed. The sale would complete the departure of Norfolk Southern from the commercial trucking business. The assets in the sale include two terminals, 410 trailers and 1,500 trucks. North American Van Lines, based in Fort Wayne, Ind., has been selling its truck operations to concentrate on higher-margin services like shipping household goods, said Dennis Koziol, the vice president of corporate planning for the company.
Full Article
MCI Sells Its Stake in Global Data Network
Date: 29 December 1993
By Bloomberg News
Bloomberg News
The MCI Communications Corporation said yesterday that it had sold its 25 percent stake in the Infonet Services Corporation, an international computer data network, as part of its proposed alliance with British Telecommunications P.L.C. Under an agreement announced in June, British Telecom would pay $4.3 billion for a 20 percent stake in MCI. In turn, MCI would buy British Telecom's North American operations, including the Tymnet computer data network, a rival of Infonet.
Full Article
