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BUSINESS
December 6, 1989
On the superficial level I knew the horrors of immigrants here in the U.S. However, the appalling conditions in which so many immigrant workers survive, and are so abused, cheated and demeaned were dramatically portrayed in Sonni Efron's "Mother's Plight Turns a Home Into Sweatshop" (Nov. 27). As if the conditions weren't so horrendous as to have children stripped of their education, the fact that this family has yet to see one cent of their money truly disturbs me.
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BUSINESS
April 4, 1989 | From Associated Press
A group led by ex-baseball commissioner Peter V. Ueberroth plans to lower its $464-million bid for strike-torn Eastern Airlines, sources close to Ueberroth said Monday. The group plans to reduce its offer to reflect developer Donald J. Trump's agreement with Texas Air Corp. to buy Eastern's prized Northeast shuttle for $365 million, the sources said.
BUSINESS
April 5, 1989 | HENRY WEINSTEIN and ROBERT E. DALLOS, Times Staff Writers
Former baseball commissioner Peter V. Ueberroth is expected to announce in New York today that he has reached an agreement to buy Eastern Airlines, according to sources close to the Southern California businessman. "Be alert bright and early tomorrow morning," a Ueberroth adviser told a reporter. J. Thomas Talbot, a Newport Beach real estate executive who is one of Ueberroth's partners in the proposed deal, would not confirm that an agreement had been completed.
BUSINESS
March 31, 1989 | HENRY WEINSTEIN and ROBERT E. DALLOS, Times Staff Writers
Hotel magnate Jay A. Pritzker of Chicago outbid Peter V. Ueberroth, outgoing commissioner of baseball, Thursday in a multimillion-dollar battle to gain control of Eastern Airlines, according to well-placed sources. One of Ueberroth's business partners, J.
BUSINESS
April 1, 1989 | ROBERT E. DALLOS and HENRY WEINSTEIN, Times Staff Writers
The on-again, off-again sale of Eastern Airlines' Northeast shuttle to real estate tycoon Donald J. Trump was on again late Friday. Texas Air, parent company of both Eastern and Continental Airlines, first agreed last October to sell the profitable shuttle operation and its airplanes to Trump for $365 million. But Eastern's machinists went on strike March 4, and virtually all of its pilots observed the picket lines, crippling Eastern.
BUSINESS
April 5, 1989 | HENRY WEINSTEIN and ROBERT E. DALLOS, Times Staff Writers
Former baseball commissioner Peter V. Ueberroth is expected to announce in New York today that he has reached an agreement to buy Eastern Airlines, according to sources close to the Southern California businessman. "Be alert bright and early tomorrow morning," a Ueberroth adviser told a reporter. J. Thomas Talbot, a Newport Beach real estate executive who is one of Ueberroth's partners in the proposed deal, would not confirm that an agreement had been completed.
BUSINESS
December 6, 1989
On the superficial level I knew the horrors of immigrants here in the U.S. However, the appalling conditions in which so many immigrant workers survive, and are so abused, cheated and demeaned were dramatically portrayed in Sonni Efron's "Mother's Plight Turns a Home Into Sweatshop" (Nov. 27). As if the conditions weren't so horrendous as to have children stripped of their education, the fact that this family has yet to see one cent of their money truly disturbs me.
BUSINESS
October 6, 1988 | From Reuters
A partner in Royal Admiral Cruises Ltd. said Wednesday that he will exercise an option to buy the large cruise line holding company and block Carnival Cruise Lines Inc.'s $550-million agreement to take a controlling stake. Miami-based Royal Admiral, which owns eight ships, says it is the world's largest cruise line based on the number of berths. It operates Royal Caribbean and Admiral Cruise Lines and its fleet includes the new Sovereign of the Seas, the world's largest cruise ship.
BUSINESS
November 19, 1988 | PAUL RICHTER, Times Staff Writer
The $20-billion auction of RJR Nabisco drew at least two formal takeover offers on Friday, setting in motion a marathon analysis of the proposals for history's largest corporate acquisition. Filing to beat a late-afternoon deadline were the two principal rivals for the tobacco and consumer products giant, one group including RJR Nabisco management and the Shearson Lehman Hutton investment bank, and a second led by the Kohlberg Kravis Roberts investment firm. And as the 5 p.m.
BUSINESS
April 4, 1989 | From Associated Press
A group led by ex-baseball commissioner Peter V. Ueberroth plans to lower its $464-million bid for strike-torn Eastern Airlines, sources close to Ueberroth said Monday. The group plans to reduce its offer to reflect developer Donald J. Trump's agreement with Texas Air Corp. to buy Eastern's prized Northeast shuttle for $365 million, the sources said.
BUSINESS
April 1, 1989 | ROBERT E. DALLOS and HENRY WEINSTEIN, Times Staff Writers
The on-again, off-again sale of Eastern Airlines' Northeast shuttle to real estate tycoon Donald J. Trump was on again late Friday. Texas Air, parent company of both Eastern and Continental Airlines, first agreed last October to sell the profitable shuttle operation and its airplanes to Trump for $365 million. But Eastern's machinists went on strike March 4, and virtually all of its pilots observed the picket lines, crippling Eastern.
BUSINESS
March 31, 1989 | HENRY WEINSTEIN and ROBERT E. DALLOS, Times Staff Writers
Hotel magnate Jay A. Pritzker of Chicago outbid Peter V. Ueberroth, outgoing commissioner of baseball, Thursday in a multimillion-dollar battle to gain control of Eastern Airlines, according to well-placed sources. One of Ueberroth's business partners, J.
BUSINESS
November 19, 1988 | PAUL RICHTER, Times Staff Writer
The $20-billion auction of RJR Nabisco drew at least two formal takeover offers on Friday, setting in motion a marathon analysis of the proposals for history's largest corporate acquisition. Filing to beat a late-afternoon deadline were the two principal rivals for the tobacco and consumer products giant, one group including RJR Nabisco management and the Shearson Lehman Hutton investment bank, and a second led by the Kohlberg Kravis Roberts investment firm. And as the 5 p.m.
BUSINESS
October 6, 1988 | From Reuters
A partner in Royal Admiral Cruises Ltd. said Wednesday that he will exercise an option to buy the large cruise line holding company and block Carnival Cruise Lines Inc.'s $550-million agreement to take a controlling stake. Miami-based Royal Admiral, which owns eight ships, says it is the world's largest cruise line based on the number of berths. It operates Royal Caribbean and Admiral Cruise Lines and its fleet includes the new Sovereign of the Seas, the world's largest cruise ship.
BUSINESS
February 18, 1988 | From Reuters
A shareholder group made up of affiliates of the Pritzker family of Chicago said Wednesday that it has held talks among its members and with third parties on a possible acquisition or restructuring of Ramada Inc. In a filing with the Securities and Exchange Commission, the Pritzker group said it has been approached by unidentified "independent third parties with respect to a possible acquisition or restructuring" of Ramada. The group did not say when it was contacted by the third parties.
BUSINESS
February 18, 1988 | From Reuters
A shareholder group made up of affiliates of the Pritzker family of Chicago said Wednesday that it has held talks among its members and with third parties on a possible acquisition or restructuring of Ramada Inc. In a filing with the Securities and Exchange Commission, the Pritzker group said it has been approached by unidentified "independent third parties with respect to a possible acquisition or restructuring" of Ramada. The group did not say when it was contacted by the third parties.
BUSINESS
October 2, 1985
The gambling concern said its Atlantic hotel-casino in Atlantic City, N.J., continues to have "deteriorating market share and increasing cash flow difficulties," and the company is negotiating to restructure its public and private debt. As a result, it said, interest on public debt may not be paid Nov. 1 when due. The firm, which said its Nevada operations remain profitable, also reported that Jay A. Pritzker resigned as a director.
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