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BRIEFLY

November 14, 1986

Wilshire Oil Co. of Texas said it filed with the SEC disclosing the acquisition of more than 10% of Jacobs Engineering Group's outstanding common shares . . . New York-based Scholastic Inc. reported that SI Holdings Inc. has withdrawn its previously announced offer to acquire all of the outstanding shares of Class A and common stock of Scholastic . . . The Federal Communications Commission approved the leveraged buyout of nine of Metromedia Broadcasting Corp.'s major-market radio stations, including KMET in Los Angeles . . . Los Angeles-based TPA of America Inc. completed the acquisition of First Transcontinental Life Insurance Corp. for about $6.3 million.

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