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PR Newswire articles from Friday, August 23

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=19960823" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Friday, August 23:

CRITEF General Partners Announce Improved Merger Terms and Litigation Settlement

Aug 23, 1996 ... ROCKVILLE, Md., Aug. 23 /PRNewswire/ -- (AMEX: CRA, CRB, CRL) The general partners of two Capital Realty Investors Tax Exempt Fund Limited Partnerships (CRITEF partnerships) said today they have reached agreement on improving the terms of previously announced mergers with affiliates of ...

Coast Hotels And Casinos Announces Consummation Of Exchange Offer

Aug 23, 1996 ... LAS VEGAS, Aug. 23 /PRNewswire/ -- Coast Hotels and Casinos, Inc. announced that it has completed its offer to exchange up to $175.0 million principal amount of newly issued Series B 13% First Mortgage Notes due 2002 for a like amount of its privately placed Series A 13% First Mortgage Notes ...

L.A. Times Adds Extensive Southern California Real Estate Listings To Web Site

Aug 23, 1996 ... Agreement with subsidiary of California Association of REALTORS(R)creates major online real estate information service for home buyers, <Pre> sellers and agents </Pre> LOS ANGELES, Aug. 23 /PRNewswire/ -- Consumers and real estate ...

/C O R R E C T I O N -- ATA/(Correction Notice)

Aug 23, 1996 ... In LAF011, "ATA Announces Service Changes: Company Poised For Future," moved earlier today, we are advised by the company that the fifth graph, third line should read "Montego Bay" rather than "Montage Bay" as originally issued. <Pre> ...

Entergy Standardizes on Netscape Client and Server Software for Corporate Intranet and Internet Use

Aug 23, 1996 ... Entergy Turns To Netscape Technology To Increase Corporate EfficiencyMOUNTAIN VIEW, Calif., Aug. 23 /PRNewswire/ -- Netscape Communications Corporation (Nasdaq: NSCP) today announced that Entergy Corporation (NYSE: ETR) is using Netscape client and server software for its corporate ...

Opryland USA and National Car Rental Make Sweet Music Together

Aug 23, 1996 ... NASHVILLE, Tenn., Aug. 23 /PRNewswire/ -- Opryland USA(R) and National Car Rental/Interrent will be making sweet music together for the next three years. Under terms of a new agreement, National is now the "Official Car Rental Company of Opryland," as well as the "Official Car Rental Company ...

Packaging Resources Incorporated Commences Exchange Offer

Aug 23, 1996 ...To Exchange $1,000 In Principal Amount Of Its 11-5/8 Percent Senior Secured Notes Due 2003 Which Have Been Registered Under The Securities Act For Each $1,000 In Principal Amount Of Its Outstanding 11-5/8 Percent Senior Secured <Pre> Notes Due 2003 ...

Humana Intends To Sell Washington Plan To Kaiser Permanente

Aug 23, 1996 ... WASHINGTON, Aug. 23 /PRNewswire/ -- Humana Group Health Plan, Inc., a wholly owned subsidiary of Humana Inc. (NYSE: HUM), and Kaiser Permanente Mid- Atlantic States Region have announced that they have signed a non-binding letter of intent whereby Kaiser Permanente would acquire certain ...

Home Health Corporation of America Increases Its Senior Credit Facility From $21 Million to $50 Million

Aug 23, 1996 ... KING OF PRUSSIA, Pa., Aug. 23 /PRNewswire/ -- Home Health Corporation of America, Inc. (Nasdaq: HHCA) announced today that it has completed an agreement with a syndicate of lenders, including CoreStates Bank, NA as agent, amending the Company's senior credit facility to increase the ...

Bell Atlantic Introduces Automatic Savings of Up to 20 Percent for West Virginia Residential Customers

Aug 23, 1996 ... <Pre> Consumers to save $3.3 million in plan's first year </Pre> CHARLESTON, WVa., Aug. 23 /PRNewswire/ -- What can Bell Atlantic's West Virginia residential customers do to begin saving up to 20 percent on their Bell Atlantic-carried regional toll calls?Nothing. ...

Deposit Guaranty Corp., Jefferson Guaranty Bancorp Sign Definitive Agreement

Aug 23, 1996 ... JACKSON, Miss., Aug. 23 /PRNewswire/ -- Deposit Guaranty Corp. (Nasdaq-NNM: DEPS) (DEPS) and Jefferson Guaranty Bancorp of Metairie, La., jointly announced today that they have signed a definitive agreement for Deposit Guaranty Corp. to acquire Jefferson Guaranty Bancorp and its wholly owned ...

Torch Energy Royalty Trust Declares Third Quarter Distribution

Aug 23, 1996 ... HOUSTON, Aug. 23 /PRNewswire/ -- Torch Energy Advisors Inc., as administrative services agent of Torch Energy Royalty Trust (NYSE: TRU), today announced a cash distribution of 48.2 cents per unit, payable on Sept. 13, 1996, to unitholders of record on Sept. 3, 1996. This cash distribution ...

Piedmont Reports Third Quarter Results

Aug 23, 1996 ... CHARLOTTE, N.C., Aug. 23 /PRNewswire/ -- At its regular quarterly Board of Directors meeting today, Piedmont Natural Gas Company reported financial results for the three-, nine- and twelve-month periods ended July 31, 1996. The Company's net income for the first three quarters of the year ...

Horizon Bancorp Announces Record Second Quarter Earnings

Aug 23, 1996 ... HUNTINGTON, W.Va., Aug. 23 /PRNewswire/ -- Horizon Bancorp, Inc. (Nasdaq: HZWV) announced all-time record quarterly earnings of $2.13 million or $0.75 per share for the quarter ended June 30, 1996, despite significant nonrecurring merger expenses.Net income for the six months ended ...

The Limited, Inc. Declares Cash Dividend

Aug 23, 1996 ... COLUMBUS, Ohio, Aug. 23 /PRNewswire/ -- The Limited, Inc. (NYSE: LTD; London) announced today the declaration of its regular quarterly dividend of $.10 per share payable on September 17, 1996 to shareholders of record at the close of business on September 6, 1996. This is the Company's ...

Chateau Properties Announces Its Regular Quarterly Dividend

Aug 23, 1996 ... CLINTON TOWNSHIP, Mich., Aug. 23 /PRNewswire/ -- Chateau Properties, Inc. (NYSE: CPJ), a real estate investment trust operating in the manufactured housing community industry, announced today its Board of Directors declared a quarterly distribution of $0.405 per share, payable October 15, ...

Ramco-Gershenson Properties Trust announces earnings for the six months ended June 30, 1996

Aug 23, 1996 ... SOUTHFIELD, Mich., Aug. 23 /PRNewswire/ -- Ramco-Gershenson Properties Trust (NYSE: RPT) today issued its statement of financial results for the six months ended June 30, 1996. This is the company's first report since the closing of the Ramco-Gershenson acquisition on May 1, 1996. ...

Michigan Rivet Corporation Declares Dividend

Aug 23, 1996 ... WARREN, Mich., Aug. 23 /PRNewswire/ -- The Board of Directors of Michigan Rivet Corporation declared a dividend of twelve cents ($.12) per share payable September 30, 1996 to Shareholders of Record as of September 4, 1996. This represents an increase of 33% from the prior dividend ...

Donnelly Corporation Announces Dividend

Aug 23, 1996 ... HOLLAND, Mich., Aug. 23 /PRNewswire/ -- Donnelly Corporation (AMEX: DON) announced today that its Board of Directors declared a quarterly dividend of ten cents ($.10) per share on its Class A Common Stock. The dividend will be paid on October 1, 1996, to shareholders of record at the close ...

International Standards Group Reports Results For Third Quarter And Nine Months Of 1996

Aug 23, 1996 ... BOCA RATON, Fla., Aug. 23 /PRNewswire/ -- International Standards Group, Ltd, (Nasdaq: ISGI) today reported revenues for the third quarter and nine months ending June 30, 1996, the Company's first quarterly announcement since its acquisition of Total World Telecom (TWT), its Tier II ...

Boyd Gaming Corporation Announces Fourth Quarter And Full Year Results

Aug 23, 1996 ... LAS VEGAS, Aug. 23 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today announced results for its fourth fiscal quarter and full fiscal year ended June 30, 1996.For the quarter, the Company reported income, before an extraordinary item, of $3.5 million, or $.06 per share, ...

Isco, Inc. Declares Quarterly Dividend

Aug 23, 1996 ... LINCOLN, Neb., Aug. 23 /PRNewswire/ -- The Board of Directors of Isco, Inc. (Nasdaq: ISKO) has declared a quarterly cash dividend of $.05 per common share payable on October 1, 1996 to shareholders of record on September 13, 1996. This amount is unchanged from the previous quarter. ...

Anaren Microwave Announces Fourth Quarter Results

Aug 23, 1996 ... SYRACUSE, N.Y., Aug. 23 /PRNewswire/ -- Anaren Microwave, Inc. (Nasdaq: ANEN) has recorded net sales of $4,089,122 and net income of $40,935 for the fourth quarter which ended June 30, 1996. These figures compare to net sales of $6,201,263 and net income of $1,274,852 for the comparable ...

STB Systems, Inc. Reports Third Quarter 1996 Results

Aug 23, 1996 ... RICHARDSON, Texas, Aug. 23 /PRNewswire/ -- STB Systems, Inc. (Nasdaq: STBI), a leading developer of video graphics adapters, today reported net income for the third quarter of $1.38 million, or $.30 per share, compared to a pro forma net loss for the same quarter last year of $497,000, or ...

Technology Service Group, Inc. Announces the Consolidation of Product Assembly Operations and Corporate Headquarters

Aug 23, 1996 ... ROSWELL, Ga., Aug. 23 /PRNewswire/ -- Technology Service Group, Inc. (Nasdaq: TSGI) (TSG) announced today the consolidation of its corporate headquarters and its product assembly operations into a new 40,000 square foot facility proposed to be leased in Alpharetta, Georgia. Mr. Bisceglia, ...

Knape & Vogt Declares Regular Quarterly Cash Dividends

Aug 23, 1996 ... GRAND RAPIDS, Mich., Aug. 23 /PRNewswire/ -- Knape & Vogt Manufacturing Company (OTC: KNAP) said its Board of Directors today declared regular quarterly cash dividends of 16.5 cents per share on the common stock and 15 cents per share on the Class B common stock. Both dividends are payable ...

/C O R R E C T I O N -- International Standards Group, Ltd./(Correction Notice)

Aug 23, 1996 ... In FLF004, "International Standards Group Reports Results for Third Quarter and Nine Months of 1996," moved earlier today, the second paragraph, second line should read "255 percent" rather than "2505 percent" as incorrectly transmitted by PRNewswire. Also the contact phone number for Gary ...

iMALL Signs Deal To Redesign and Host 'Amazing Discoveries' Web Site On Its Internet Shopping Mall

Aug 23, 1996 ... iMALL Infomercials Slated For Early Fall Roll-Out With $1 Million Per Week <Pre> Media Budget </Pre> PROVO, Utah, Aug. 23 /PRNewswire/ -- iMALL, Inc. (OTC BULLETIN BOARD: IIML) the world's largest Internet shopping mall, today announced that it ...

Dakota Mining Corporation Explores For Gold In Nevada

Aug 23, 1996 ... DENVER, Aug. 23 /PRNewswire/ -- Dakota Mining Corporation (AMEX: DKT; Toronto) and Neil & Associates, Inc. (NAA) announced today that the two companies have entered into an agreement to jointly explore for gold in northeastern Nevada. The joint venture will investigate three prior producing ...

'Available Immediately: Windows NT 4.0'

Aug 23, 1996 ...Dell is First in the Industry to Ship Systems With the New Operating SystemAUSTIN, Texas, Aug. 23 /PRNewswire/ -- Dell Computer Corporation (Nasdaq: DELL) today announced it has begun shipping systems in the U.S. with Microsoft(R) Windows NT(R) Workstation 4.0 factory installed. ...

Intelect Communications Announces New Transfer Agent

Aug 23, 1996 ... HAMILTON, Bermuda, Aug. 23 /PRNewswire/ - Intelect Communications Systems Limited ("INTELECT") (Nasdaq: ICOMF) announced today that effective August 20, 1996, American Stock Transfer & Trust Company of 40 Wall Street, 46th Floor, New York, NY 10004 will be the Company's Registrar and ...

FTC Closes Investigation of Camelot Corporation; No Action Taken

Aug 23, 1996 ... DALLAS, Aug. 23 /PRNewswire/ -- Camelot Corporation (Nasdaq: CAML) today announced that the Federal Trade Commission ("FTC") has closed its investigation of Camelot and the marketing of DigiPhone. The FTC has determined that no further action is warranted. "We are pleased to have this ...

Transco Announces Plans to Extend and Expand its Mobile Bay Lateral

Aug 23, 1996 ... HOUSTON, Aug. 23 /PRNewswire/ -- Transcontinental Gas Pipe Line Corporation (Transco) plans to seek Federal Energy Regulatory Commission (FERC) approval to extend and expand its Mobile Bay lateral, increasing capacity as much as 1 billion cubic feet per day.The project will include ...

College Textbook Publishers Fight Used Books with New Promotion; 'New Book Rewards' Provides Incentives to College Stores and Students

Aug 23, 1996 ... CRANBURY, N.J., Aug. 23 /PRNewswire/ -- Three major textbook publishers -- Addison Wesley Longman, International Thomson Publishing and John Wiley & Sons -- have partnered with Collegiate Stores Corporation (CSC) and its parent company, MarketSource Corporation, on an innovative promotional ...

Philadelphia Suburban Corporation Receives Unique Rate Ruling

Aug 23, 1996 ... BRYN MAWR, Pa., Aug. 23 /PRNewswire/ -- In a unanimous vote, the Pennsylvania Public Utility Commission (PA PUC) approved an innovative new mechanism by which Philadelphia Suburban Corporation (PSC), parent company of Philadelphia Suburban Water Company (PSW), can timely recapture in rates ...

Custom Media Newsletters Now Published On the Internet

Aug 23, 1996 ... SAN FRANCISCO, Aug. 23 /PRNewswire/ -- Media*Mark, a San Francisco-based information company, has signed an agreement to publish three Internet media newsletters with custom editorial content reported exclusively for PR Newswire.The custom newsletters are accessible on the Web ...

Netscape and Microsoft to Open Seybold San Francisco; Andreessen and Chase Will Debate Future of Internet Publishing

Aug 23, 1996 ... FOSTER CITY, Calif., Aug. 23 /PRNewswire/ -- As the hotly contested "battle of the browsers" continues, executives from Microsoft (Nasdaq: MSFT) and Netscape (Nasdaq: NSCP) will share the podium for the opening keynote on Tuesday, September 10 from 9:00 - 10:30 a.m. at the Seybold San ...

SAAB Returns to Talladega Super Speedway for World's Fastest, Longest 'Quality Inspection'

Aug 23, 1996 ... NORCROSS, Ga., Aug. 23 /PRNewswire/ -- Ten years ago, Saab set 21 international speed and endurance records and two world records at Alabama International Speedway in Talladega, Alabama. The three Saab 9000 Turbos, plucked box-stock off the Trollhattan, Sweden assembly line, were driven ...

First Retirement Community in Florida to Install High-Tech Hurricane Protection; DuPont SentryGlas makes an impact at Century Village

Aug 23, 1996 ... FORT LAUDERDALE, Fla., Aug. 23 /PRNewswire/ -- DuPont announced today that Century Village in Pembroke Pines will become the first adult community in Florida to install code-approved impact-resistant windows laminated with its SentryGlas composite to protect its residents. SentryGlas was ...

BIG Entertainment Retains Wasserstein Perella & Co. To Provide Financial And Strategic Advisory Services

Aug 23, 1996 ... NEW YORK, Aug. 23 /PRNewswire/ -- BIG Entertainment, Inc. (Nasdaq: BIGE) announced today it has retained the investment banking firm of Wasserstein Perella & Co. to provide financial and strategic advisory services to BIG Entertainment."Wasserstein Perella will assist the ...

Masimo Corporation Completes $10.5 Million Financing

Aug 23, 1996 ... MISSION VIEJO, Calif., Aug. 23 /PRNewswire/ -- Masimo Corporation today announced that it has raised $10.5 million through the sale of convertible preferred stock. Alex. Brown & Sons acted as placement agent for Masimo.Joe E. Kiani, President and CEO of Masimo Corporation ...

PacifiCare Health Systems To Explore Options In Florida Business Units

Aug 23, 1996 ... CYPRESS, Calif., Aug. 23 /PRNewswire/ -- PacifiCare Health Systems, Inc. (Nasdaq: PHSYA and PHSYB) announced today that it is exploring options with respect to its continued business operations in the state of Florida, including a possible sale. At this time, no definitive decision has ...

iMALL Signs Deal To Redesign and Host 'Amazing Discoveries' Web Site On Its Internet Shopping Mall

Aug 23, 1996 ... iMALL Infomercials Slated For Early Fall Roll-Out With $1 Million Per Week <Pre> Media Budget </Pre> PROVO, Utah, Aug. 23 /PRNewswire/ -- iMALL, Inc. (OTC BULLETIN BOARD: IIML) the world's largest Internet shopping mall, today ...

ATA Announces Service Changes: Company Poised For Future

Aug 23, 1996 ... INDIANAPOLIS, Aug. 23 /PRNewswire/ -- American Trans Air, Inc. (ATA), the principal subsidiary of Amtran, Inc., (Nasdaq-NNM: AMTR), announced today that after nearly four months of evaluating the Company's operations, it will initiate service changes to increase its efficiency and to ...

Poppe Tyson Interactive Group Provides Transaction Processing Services -- with Virtual Store, Catalog, Secured Shopping -- Over the Internet

Aug 23, 1996 ... Tyson has announced the launch of an Internet transaction processing service developed by its DBM Group in Palo Alto. The service will be part of Poppe Tyson's overall new media service offerings - which include Web site design and development by its poppe.com group and digital based ...

Who's Getting Rich?: New CD-ROM/Internet Product Of IPOs and FOs Offers Prospects

Aug 23, 1996 ... FISHKILL, Aug. 23 /PRNewswire/ -- Who's getting rich, and how? In the world of Wall Street -- as opposed to entertainment, sports and the lottery -- the answer often lies with the Initial Public Offering (IPO), when privately held companies first begin to sell public stock, often ...

Guarantee Life Insurance Company Introduces New Equity Indexed Annuity

Aug 23, 1996 ... OMAHA, Neb., Aug. 23 /PRNewswire/ -- Guarantee Life Insurance Company, a wholly owned subsidiary of The Guarantee Life Companies Inc. (Nasdaq: GUAR), announced today the introduction of a new single premium deferred indexed annuity, Premier Index. London Pacific Life and Annuity Company ...

Snapple Sampling Campaign Hits the DNC; Snapple Quenches Delegates' Thirsts in Chicago Next Week

Aug 23, 1996 ... CHICAGO, Aug. 23 /PRNewswire/ -- Politicking is a thirsty business and Snapple Beverages' agenda is to "spread good taste all over the place" with free samples at next week's Democratic National Convention. Armed with tens of thousands of bottles of complimentary Snapple, sampling ...

Elan Confirms Stock Split to Shareholders of Record as of August 15, 1996

Aug 23, 1996 ... DUBLIN, Ireland, Aug. 23 /PRNewswire/ -- Elan Corporation, plc (NYSE: ELN) today reported that the 2 for 1 stock split approved at Elan's recent Annual General Meeting became effective as of August 15. Each holder of record at that date of Ordinary Shares or American Depositary Shares ...

Intimate Brands, Inc. Declares Cash Dividend

Aug 23, 1996 ... COLUMBUS, Ohio, Aug. 23 /PRNewswire/ -- Intimate Brands, Inc. (NYSE: IBI) announced today the declaration of its regular quarterly dividend of $.12 per share payable on September 17, 1996, to shareholders of record at the close of business on September 6, 1996.Intimate ...

Hills Stores Reports Its Second Quarter Financial Results

Aug 23, 1996 ... CANTON, Mass., Aug. 23 /PRNewswire/ -- Hills Stores Company (NYSE: HDS) today released its financial results for the second quarter and six-month periods ended August 3, 1996.The Company reported a net loss for its second fiscal quarter ended August 3, 1996 of $12.4 ...

Ambassador Apartments Announces $38 Million Acquisition Of Four Properties In Southeast Florida

Aug 23, 1996 ... CHICAGO, Aug. 23 /PRNewswire/ -- Ambassador Apartments, Inc. (NYSE: AAH) announced today the purchase of four garden apartment properties containing 931 units. Two of the properties are located in West Palm Beach, and the others are located in Daytona Beach and Deland. The total ...

Sunrise Preschools Announces Multiple Acquisitions

Aug 23, 1996 ... SCOTTSDALE, Ariz., Aug. 23 /PRNewswire/ -- Scottsdale-based Sunrise Preschools, Inc. (Nasdaq: SUNR and SUNRP)announced today that it has completed or entered into agreements with respect to multiple acquisitions which, in the aggregate, would be anticipated to add over three million ...

Pacific Scientific Company Announces Cash Dividend

Aug 23, 1996 ... NEWPORT BEACH, Calif., Aug. 23 /PRNewswire/ -- Pacific Scientific Company (NYSE: PSX) announced that its Board of Directors declared a regular quarterly cash dividend of 3 cents per share, payable October 7, 1996, to shareholders of record of the common stock at the close of business on ...

Maxim Pharmaceuticals Reports Third Quarter Fiscal Year 1996 Financial Results

Aug 23, 1996 ... SAN DIEGO, Aug. 23 /PRNewswire/ -- Maxim Pharmaceuticals, Inc. (AMEX: MMP; MMP.WS) today reported financial results for the third quarter of fiscal year 1996. These results precede the completion of Maxim's initial public offering of common stock in July 1996, which raised net proceeds ...

Mortice Kern Systems Inc. Reports Record Annual Results

Aug 23, 1996 ... WATERLOO, Ontario, Aug. 23 /PRNewswire/ -- Mortice Kern Systems Inc. (MKS), the leader in software change management products and services for organizations managing content across Internet/Intranet and client/server platforms, today announced the release of its results for the fiscal ...

American Phoenix Group Inc. and Kushi Macrobiotics Corp. Provide Further Explanation and Illustration of Impact of Merger

Aug 23, 1996 ... IRVINE, Calif. and STAMFORD, Conn., Aug. 23 /PRNewswire/ -- American Phoenix Group Inc. (OTC BULLETIN BOARD: APHX) and Kushi Macrobiotics Corp. (Nasdaq: KMAC, KMACW), announced that the companies have filed a joint information and registration statement on Form S-4 ("the Statement") with ...

Everest Security Systems Corporation Merges with Guardian International, Inc.

Aug 23, 1996 ... FORT LAUDERDALE, Fla., Aug 23 /PRNewswire/ -- Florida based Everest Security Systems Corporation (Nasdaq: EVST), ("Everest") announced today the merger with Guardian International, Inc. of Hollywood, Florida, ("Guardian") subject to final approval of Guardian's lending institution. ...

Metacalm-S: Safe New Product For Smoking Cessation

Aug 23, 1996 ... EVANSTON, Ill., Aug. 23 /PRNewswire/ -- The following statement is being released by Sheldon S. Greenberg, M.D. Dr. Greenberg is in the private practice of psychiatry and addiction medicine at the Louis Weiss Memorial - University of Chicago Hospital."As the result of ...

Quest Medical Responds to Shareholder Recommendation Regarding Sale or Merger

Aug 23, 1996 ... DALLAS, Aug. 23 /PRNewswire/ -- Quest Medical, Inc. (Nasdaq: QMED), responded today to a shareholder's recommendation made yesterday that the company seek a merger or buyout. According to Richard A. Gilleland, Quest Medical's new Chairman of the Board elected just six weeks ago, ...

Ceridian Merges Ceridian Employer Services and Tesseract Business Units

Aug 23, 1996 ... MINNEAPOLIS, August 23 /PRNewswire/ -- Ceridian Corporation (NYSE: CEN) announced today the integration of two of its human resource businesses -- Ceridian Employer Services and TesserAct Technology. The business is called Ceridian Employer Services and will provide human resource ...

PSE&G Proposes New Service Options for Residential Gas Customers; Four Municipalities to Participate in Pilot Program

Aug 23, 1996 ... NEWARK, N.J., Aug. 23 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) today proposed a pilot program that will allow residential natural gas customers to participate in a competitive marketplace.John Gartman, PSE&G's vice president-gas supply and planning, ...

Varity Corporation Stockholders Approve Merger With Lucas Industries plc

Aug 23, 1996 ... BUFFALO, N.Y., Aug. 23 /PRNewswire/ -- Varity Corporation (NYSE: VAT) shareholders approved the company's merger with Lucas Industries plc at a special meeting held here today. Approximately 99% percent of the shares voted were in favor of the merger, well beyond the simple majority of ...

K-III Completes Exchange Offers

Aug 23, 1996 ... NEW YORK, Aug. 23 /PRNewswire/ -- K-III Communications Corporation (NYSE: KCC) announced today that its exchange agent, The Bank of New York, has completed the final count of certificates representing 8-1/2% Senior Notes due 2006 and shares of $10.00 Series C Exchangeable Preferred Stock ...

Citicorp $200M Subordinated Notes Rated 'A' By Fitch - Fitch Financial Wire -

Aug 23, 1996 ... NEW YORK, Aug. 23 /PRNewswire/ -- Citicorp's $200 million issue of 7.38% subordinated notes due Sept. 1, 2008 is rated "A" by Fitch Investors Service. The rating reflects Citicorp's strong fundamental performance, including its diversified business mix, strong operating margin and ...