Advertisement
YOU ARE HERE: LAT HomeCollections

CALIFORNIA | THE STATE

Also

June 03, 1997

Deerfield, Ill.-based Metzler Group Inc. agreed to buy Resource Management International Inc. of Sacramento for $61.1 million in stock, a move that will add a utility consultant with East and West coast operations to Metzler's Midwestern ones. . . . Catalytica Combustion Systems Inc. shares rose 34%, or $2.75, to close at $10.75 on Nasdaq, on optimism that the Mountain View-based company today will present positive test results for its newest emissions-reduction system. . . . Patriot American Hospitality Inc., a Dallas-based hotel real estate investment trust, said it amended its takeover bid for California Jockey Club & Bay Meadows Operating Co. to eliminate a $33-a-share cash tender offer and offer about $238.4 million in stock instead, based on Monday's closing price, because of the 25% run-up of its own stock since the deal was announced in October.

Advertisement
Los Angeles Times Articles
|
|
|