Advertisement
YOU ARE HERE: LAT HomeCollections

BRIEFLY

An investor group may boost its stake in Fairchild.

March 09, 1987

The group, led by New York investor George Soros, said it was considering boosting its stake in Fairchild Industries Inc. to as much as 49.9% of the aerospace and aviation company's outstanding stock. The group, which said it was dissatisfied with Fairchild's management, already controls 1.65 million Fairchild shares, or 11.5% of the total outstanding. The group said it filed with federal antitrust regulators for clearance to buy enough additional shares to increase its total stake to up to 49.9%.

Advertisement
Los Angeles Times Articles
|
|
|