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John Latshaw

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BUSINESS
June 27, 1989 | From a Times Staff Writer
Kansas City investor John Latshaw reported Monday that he controls a 7.1% stake in Standard Brands Paint Co. of Torrance. He described the holding as an investment. Latshaw, chairman of Latshaw Enterprises, a manufacturer of mechanical controls and molded plastic parts in Missouri, said in a filing with the Securities and Exchange Commission that his company owns 202,700 of the 405,400 shares that he controls. The SEC filing also indicated that the 7.1% stake includes 178,150 shares acquired from April 17 to June 16 for $14.50 to $16.75 a share.
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BUSINESS
April 24, 1991 | TOM PETRUNO
This is a sad story, and it looks like it's going to get sadder--and probably a lot meaner--before it's over. For six years, earnings have been sinking at Standard Brands Paint Co., the Torrance-based chain of home-decorating stores. Its stock, $32 a share in 1987 and $15 just last year, now has fallen to $7.625 on the New York Stock Exchange. Many of the company's 3,200 employees are dejected, and its biggest shareholders are livid. One of those holders, a private Kansas City, Mo.
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BUSINESS
April 24, 1991 | TOM PETRUNO
This is a sad story, and it looks like it's going to get sadder--and probably a lot meaner--before it's over. For six years, earnings have been sinking at Standard Brands Paint Co., the Torrance-based chain of home-decorating stores. Its stock, $32 a share in 1987 and $15 just last year, now has fallen to $7.625 on the New York Stock Exchange. Many of the company's 3,200 employees are dejected, and its biggest shareholders are livid. One of those holders, a private Kansas City, Mo.
BUSINESS
May 30, 1991 | TOM PETRUNO, TIMES STAFF WRITER
Standard Brands Paint Co., the troubled Torrance-based paint retailer, said key lenders approved new loan terms that could give the firm more financial breathing room. Standard also said it reached an "accommodation" with a major shareholder who had been waging a proxy fight against management. However, the shareholder, John Latshaw of Kansas City, Mo., said in an interview that he was unsure exactly what Standard proposed in its accommodation.
BUSINESS
June 27, 1989 | From a Times Staff Writer
Kansas City investor John Latshaw reported Monday that he controls a 7.1% stake in Standard Brands Paint Co. of Torrance. He described the holding as an investment. Latshaw, chairman of Latshaw Enterprises, a manufacturer of mechanical controls and molded plastic parts in Missouri, said in a filing with the Securities and Exchange Commission that his company owns 202,700 of the 405,400 shares that he controls. The SEC filing also indicated that the 7.1% stake includes 178,150 shares acquired from April 17 to June 16 for $14.50 to $16.75 a share.
BUSINESS
July 20, 1985 | RONALD J. OSTROW, Times Staff Writer
The general counsel for E. F. Hutton & Co. declined to write a legal opinion in 1980 defending the brokerage house's aggressive money management practices--only four months before the firm took illegal actions that resulted in $2 million in fines for massive overdrafts, according to company documents released Friday at a congressional hearing.
BUSINESS
February 12, 1992 | STUART SILVERSTEIN, TIMES STAFF WRITER
Standard Brands Paint Co., a paint maker and do-it-yourself retailer burdened for several years by heavy debts and stiffened competition, on Tuesday filed for protection from creditors in U.S. bankruptcy court. The Torrance-based company said it made the Chapter 11 filing in Los Angeles after failing to reach an agreement with its lenders and possible investors on a financial bailout.
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