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Edward L Jr Hennessy

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BUSINESS
June 28, 1991 | Associated Press
Allied-Signal Corp. announced that its chairman and chief executive, Edward L. Hennessy Jr., is stepping down from the $12-billion industrial conglomerate. Lawrence A. Bossidy, 56, vice chairman of General Electric Co., will succeed Hennessy, 63, as chief executive Monday. Hennessy will remain as chairman until the end of the year, when Bossidy will also assume those duties.
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BUSINESS
June 28, 1991 | Associated Press
Allied-Signal Corp. announced that its chairman and chief executive, Edward L. Hennessy Jr., is stepping down from the $12-billion industrial conglomerate. Lawrence A. Bossidy, 56, vice chairman of General Electric Co., will succeed Hennessy, 63, as chief executive Monday. Hennessy will remain as chairman until the end of the year, when Bossidy will also assume those duties.
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BUSINESS
January 29, 1986 | GREG JOHNSON, Times Staff Writer
Citing greater-than-anticipated expenses from its recently completed merger, Allied-Signal said Tuesday that it expects to take a charge of up to $700 million in the fourth quarter, thus giving it a loss for the year ended Dec. 31. The Morristown, N.J.-based company did not estimate the size of the loss that it will report. It had a profit of $785 million, or $3.11 per share, for 1984.
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