January 31, 1990 |
New York merchant banker Kelso & Co. will acquire and merge two independent distributors of metal products--the Lynwood-based Earle M. Jorgensen Co. and the Brea-based Kilsby-Roberts Holdings Inc.--under an agreement announced Tuesday. Kelso, which already owns about 5% of privately held Kilsby-Roberts, will pay $75 million for the remainder of Kilsby-Roberts and $261 million--$41.50 per share--for Jorgensen.
August 8, 2006 |
No horse will ever accomplish what Kelso did. Owned by Allaire du Pont, Kelso was a five-time horse of the year before his retirement in 1966. He won 39 of 63 starts and retired as the richest horse in history with earnings of $1,977,196 -- a record that stood until Affirmed surpassed him more than a decade later as prize money grew. Kelso, who died in 1983, was elected into racing's Hall of Fame in 1967. On Monday, Carl Hanford, his trainer, joined him.
CALIFORNIA | LOCAL
January 24, 2008 |
A federal judge Wednesday abruptly fired the man he had appointed to fix the multimillion-dollar problems of medical care in the state's prisons, after determining the effort was moving too slowly and in too confrontational a manner. U.S. District Judge Thelton Henderson revoked the power he had given Robert Sillen and handed it to J. Clark Kelso, a lawyer with experience turning around government institutions in crisis.
July 11, 2000 |
Last week a big framed photo of a smiling Insurance Commissioner Chuck Quackenbush dominated the Department of Insurance headquarters waiting room. On Monday there hung a mauve-and-blue watercolor print too small to hide one of the nail holes left in the wall. Familiar faces were missing, too, a few steps away in the wood-paneled conference room where the department's chiefs huddle every Monday morning.
September 20, 2005 |
"EEEEOOOWW!!" Geralynn topples over, cross-country skis and limbs tangled. Lisa and I, plodding forward in step-up-and-slide-down fashion, are catching up to her fast. The rising summer solstice full moon illuminates the scene for what we -- me and friends Geralynn Felicetta and Lisa Tibolet, all of La Mesa -- are trying to accomplish: "skiing" on the summit ridge of Kelso Dunes, the second tallest in California. No mere sand pile is this.
May 31, 1999 |
Asked to single out some of the 200-plus stakes wins that have meant the most during a distinguished career, trainer Allen Jerkens quickly mentioned Beau Purple's victory in the Suburban Handicap in 1962. "That was the first time I won a $100,000 race," Jerkens said. It was also one of three times that Beau Purple beat the great Kelso in 1962-63.
March 1, 1987 |
These ESOPS have nothing to do with the fox and the grapes. They're Employee Stock Ownership Plans. Dull topic, I would have agreed, but the Kelsos' book delivers a lot more than it promises. Under their ESOP banner, the authors take on Keynesians, Calvinists, Marxists, Republicans, Democrats, the union movement, standard loan applications, bankers, Friedmanites and conventional bookkeeping.
CALIFORNIA | LOCAL
October 18, 2010 |
With a horn blast and a whoosh of air brakes, a special train carrying 254 rail fans, civic leaders and adventure seekers rolled out of Barstow on Sunday morning with a goal of reviving interest in passenger rail service across the Mojave Desert. The train was the Kelso Flyer, six vintage cars pulled by an Amtrak engine between Barstow and a remote mission-style depot in the heart of the 1.6-million acre Mojave National Preserve. As it gathered speed, passengers settled into lounge and observation cars with sleek, Art Deco-style interiors for the 90-minute ride.
CALIFORNIA | LOCAL
February 4, 2014 |
SACRAMENTO - A court overseer has halted inmate patient admissions at California's newest prison amid reports that the sprawling medical facility is beset by problems, including the unanswered calls of a dying patient. After meeting last week with corrections officials, Clark Kelso, the court-appointed medical receiver, ordered admissions stopped at the 6-month-old California Health Care Facility in Stockton and the opening of an adjacent 1,133-bed prison facility put on hold. In a report to federal courts Friday, Kelso said the prison's inability to provide adequate medical and hygiene supplies and unsanitary conditions "likely contributed to an outbreak of scabies.
January 1, 2000 |
A man accused with his wife of abandoning their disabled son at a Delaware hospital has been granted a three-month paid leave from the chemical company he runs. Richard Kelso, president and chief executive officer of PQ Corp., requested the leave Wednesday to deal with "family matters," said John Reed, a spokesman for the Berwyn-based company. Kelso did not return a phone call Friday seeking comment.