Advertisement

BRIEFLY

March 14, 1985

As expected, Ford Motor Co. reported a profit-sharing pay-out of $360 million--an average of $2,000 per worker . . . Leucadia National Corp. said in a filing with the SEC that it had raised its stake in Minstar Inc. to 10.15% of the firm's outstanding common shares, from 8.45%. The Minneapolis-based firm is controlled by financier Irwin L. Jacobs . . . J.M. Industries said its directors urged shareholders to reject a cash tender offer of $19 per share from Inland Steel as inadequate and not in the best interest of the company . . . The Federal Reserve Board said its report on January consumer installment credit has been delayed until Friday.

Advertisement
Los Angeles Times Articles
|
|
|