COMPANY NEWS;
Date: 31 October 1989
By Richard D. Hylton
Richard
Revco D.S. Inc., the bankrupt pharmacy chain, received a $925 million buyout offer 10 days ago from the Robert M. Bass Group and Acadia Partners.
El 30 de octubre de 1989 fue un lunes bajo el signo estelar de ♏. Era el día 302 del año. El presidente de los Estados Unidos fue George Bush.
Si naciste en este día, tienes 35 años. Su último cumpleaños fue el miércoles, 30 de octubre de 2024, hace 324 días. Su próximo cumpleaños es el jueves, 30 de octubre de 2025, en 40 días. Ha vivido durante 13.108 días, o aproximadamente 314.615 horas, o aproximadamente 18.876.955 minutos, o aproximadamente 1.132.617.300 segundos
Date: 31 October 1989
By Richard D. Hylton
Richard
Revco D.S. Inc., the bankrupt pharmacy chain, received a $925 million buyout offer 10 days ago from the Robert M. Bass Group and Acadia Partners.
Date: 31 October 1989
INTERNATIONAL A3-17 Soviet price increases were called for on cigarettes, beer and food delicacies. Officials said prices will be set by the market on some other products next year. Page A1
Date: 30 October 1989
INTERNATIONAL A3-9 Top East Germans heard complaints for almost five hours on the steps of City Hall East Berlin. ''You are finished,'' one man told the East Berlin Communist Party chief. ''Give us free elections.'' Page A1
Date: 31 October 1989
Reuters
Ratners Group P.L.C. agreed to acquire the American specialty jewelry retailer Weisfield's Inc. for $50 a share, or $55 million. Weisfield's operates 87 stores in nine states. Weisfield's stock jumped $14, to $53, in over-the-counter trading. Its 35.9 percent increase was the best of the day.
Date: 31 October 1989
Reuters
Lee Iacocca, chairman of the Chrysler Corporation, was quoted as saying the company expects to close at least one assembly plant, to delay products and to lay off some white-collar workers because of the slumping domestic auto industry. The report in the trade paper
Date: 31 October 1989
Special to The New York Times
American Airlines said today that it would expand its European schedules by 30 percent and add destinations in Europe and the South Pacific.
Date: 31 October 1989
Special to The New York Times
An investment group led by Financial Securities Fund, a Nashville investment partnership, and Bailey Financial Group, a Rocky Mount, N.C., investment concern, has acquired a 5.6 percent stake in the Durham Corporation. The group also said it might seek control of the Raleigh, N.C., holding company, which has interests in insurance and broadcasting.
Date: 31 October 1989
Pacific Telesis Group, one of the nation's seven regional telephone companies, said that the Oct. 17 earthquake in nothern California had caused $40 million to $50 million in damage to its buildings and network facilities. Pactel, based in San Francisco, said most of the damage would be covered by a $150 million earthquake insurance policy that it carries. The policy has a $10 million deductible.
Date: 31 October 1989
In another sign of sluggish sales for the beer industry, the Miller Brewing Company of Milwaukee said it plans to sell a beer-flavored alcohol-free beverage. The nation's No. 2 brewer, after the Anheuser-Busch Companies, said it would begin selling the drink, Miller Sharp's, on Jan. 1.
Date: 31 October 1989
Special to The New York Times
Quotron Systems Inc., the nation's leading provider or electronic stock quotes, said it would lay off 400 workers. The company blamed the continued problems in the securities industry since the October 1987 stock market crash for the cutbacks.