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The SEC is probing the fight for control of TRE.

March 03, 1987

TRE has voluntarily supplied the Securities and Exchange Commission with documents in connection with the investigation, according to John Olson, a company attorney in Washington. Among other things, the SEC wants to know what part the investment firms of Drexel Burnham Lambert and Jefferies & Co. played in last year's battle for control of the Los Angeles-based maker of aerospace, marine and home products, published reports stated. TRE eventually agreed to be acquired by Aluminum Co. of America to head off a proxy fight led by television producer Burt Sugarman.

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