Advertisement
YOU ARE HERE: LAT HomeCollections

BRIEFLY

May 19, 1986

Viacom International said it completed its purchase of KMOX-TV in St. Louis from CBS for $122.5 million . . . The shareholders of Farmers Group approved an increase in the number of authorized common shares to 225 million from 75 million and an increase in authorized preferred shares to 12 million from 4 million . . . Gould Inc. reported that its board of directors voted to suspend the Rolling Meadows, Ill.-based firm's quarterly common stock dividend . . . Jerome H. Ellis of Philadelphia has filed a class-action suit against Merrill Lynch & Co. in U.S. District Court, charging it with deliberately delaying payments of interest and dividend checks to its brokerage clients . . . LTV Corp. said more jobs are likely to be cut from its steel division as the company tries to turn around its record losses.

Advertisement
Los Angeles Times Articles
|
|
|