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December 26, 1991 | From Times Staff and Wire Reports
Connecticut Tentatively OKs Aid to Remington: Connecticut tentatively approved $15 million in financial aid for Remington Products Inc., whose owner, Victor Kiam, is weighing the sale of the company, based in Bridgeport, Conn. Kiam is also majority owner of the New England Patriots football team, but needs to get his hands on $38 million to buy out a minority owner or lose control of the team.
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BUSINESS
December 26, 1991 | From Times Staff and Wire Reports
Connecticut Tentatively OKs Aid to Remington: Connecticut tentatively approved $15 million in financial aid for Remington Products Inc., whose owner, Victor Kiam, is weighing the sale of the company, based in Bridgeport, Conn. Kiam is also majority owner of the New England Patriots football team, but needs to get his hands on $38 million to buy out a minority owner or lose control of the team.
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