Advertisement
YOU ARE HERE: LAT HomeCollections

NATION/WORLD

Also ...

May 09, 1997

Philip Morris Cos.' Kraft Foods unit said it will sell for undisclosed terms its Log Cabin syrup brand to MBW Foods Inc., owner of Mrs. Butterworth's syrup. . . . AT&T Corp. said three top executives resigned to help form OneComm LLC, a local phone company spearheaded by cellular pioneer Craig McCaw. Steve Hooper, president and chief executive of AT&T Wireless; Wayne Perry, vice chairman of AT&T Wireless; and Gerard Salemme, vice president of federal government affairs, left to join OneComm. . . . Machine tool giant Giddings & Lewis Inc. rejected a $747-million hostile takeover offer from Harnischfeger Industries Inc. as inadequate, and said it was in talks with others about a possible transaction. . . . The World Trade Organization is backing the U.S. position that Europe's ban on imports of beef treated with growth hormones violates global free-trade rules, the U.S. Trade Representative's office said.

Advertisement
Los Angeles Times Articles
|
|
|