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Ldds Communication Inc

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August 3, 1994 | TOM PETRUNO
With its stock price cut in half and its accounting practices under fire, Culver City-based IDB Communications Group agreed Monday to be acquired by a rival. But far from closing the book on its tumultuous recent history, the satellite communications company's decision to sell out stirred new controversy on Wall Street. Many of the firm's largest shareholders are desperately trying to affix blame for what they regard as the premature end to IDB's once-stellar story.
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BUSINESS
August 3, 1994 | TOM PETRUNO
With its stock price cut in half and its accounting practices under fire, Culver City-based IDB Communications Group agreed Monday to be acquired by a rival. But far from closing the book on its tumultuous recent history, the satellite communications company's decision to sell out stirred new controversy on Wall Street. Many of the firm's largest shareholders are desperately trying to affix blame for what they regard as the premature end to IDB's once-stellar story.
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