April 20, 1992 |
That golden glow in your glass of apple juice isn't looking so rich these days. Flat sales and high costs have some of the nation's largest processors searching for new ways to squeeze cash out of culls. Much of the activity is in central Washington, which grows more than half of the nation's apples. Some companies are experimenting with "natural" apple juices that cost more. Others are diversifying into dried and frozen apple products or pushing for more exports.
January 9, 1992 |
General Cinema Settles FTC Case: The Federal Trade Commission said General Cinema Corp. agreed to pay $950,000 to settle charges that it did not comply with premerger rules in acquiring stock in Cadbury Schweppes PLC. The FTC said General Cinema, which began acquiring Cadbury Schweppes' stock in September, 1986, exceeded the $15-million threshold that triggers premerger notification requirements under federal law but did not file a premerger notification until January, 1987.
September 1, 1989 |
Procter & Gamble Co. has agreed to sell its Crush International beverage operations to Cadbury Schweppes PLC, the British candy and beverage giant, for $220 million in cash, the companies announced Thursday. Procter & Gamble, a Cincinnati-based consumer products company that operates worldwide, had been searching since May for a buyer for the soft drink line.
July 27, 1988 |
Two British stockbrokers, one in Los Angeles and the other in London, lost $21,700 on an ill-fated foray into the mostly lucrative world of insider trading, U.S. regulators said in a lawsuit Tuesday. The brokers, who also lost their jobs, are Geoffrey Collier, a former managing director of Morgan Grenfell Securities Ltd. of London, and Michael Cassell, a former director and registered representative at Vickers da Costa Securities in Los Angeles.