Articles > Popular publications > Chicago Sun-Times articles > May 1994

Article: THE TICKER

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Chicago Sun-Times
Article date:
May 9, 1994
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BALLY SETTLES WITH IRS: Bally Manufacturing Corp. has agreed to pay the Internal Revenue Service $3.7 million to settle a claim concerning the firm's purchase of the Health & Tennis Corp. IRS officials had claimed Bally owed the government $32 million in taxes and interest. The settlement removes the last remaining major IRS matter facing the corporation, said Bally Chairman and Chief Executive Officer Arthur M. Goldberg. Chicago-based Bally is a gaming and entertainment company. NEW SPOKESMAN: Deerfield-based NutraSweet Co. will soon unveil its latest celebrity spokesman - Mr. Magoo. The company said it will launch a TV commercial that will feature Mr. Magoo as a man of the '90s who's ...

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