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Springs Industries Inc

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BUSINESS
February 21, 2001 | Associated Press
Springs Industries Inc., a maker of linens under such brands as Springmaid, said it received a proposal from the Close family to take the company private in a deal worth more than $787.6 million, or about $44 a share. The Close family, descendants of Springs' founders, already own about 41% of Springs. The news sent Springs shares up $7.72, or 21%, to close at $43.82 on the NYSE.
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BUSINESS
February 21, 2001 | Associated Press
Springs Industries Inc., a maker of linens under such brands as Springmaid, said it received a proposal from the Close family to take the company private in a deal worth more than $787.6 million, or about $44 a share. The Close family, descendants of Springs' founders, already own about 41% of Springs. The news sent Springs shares up $7.72, or 21%, to close at $43.82 on the NYSE.
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BUSINESS
August 16, 1993 | From Times Staff and Wire Reports
Fieldcrest Bids $136 Million for Amoskeag Co.: The bed and bath textiles giant has offered to acquire the investment and management company, its largest shareholder. Wall Street seemed to have reservations about the proposed deal and sold Fieldcrest Cannon Inc. stock down $2.50 Friday to end at $21.50 on the New York Stock Exchange. The stock had traded as low as $19.50 during the session.
BUSINESS
August 16, 1993 | From Times Staff and Wire Reports
Fieldcrest Bids $136 Million for Amoskeag Co.: The bed and bath textiles giant has offered to acquire the investment and management company, its largest shareholder. Wall Street seemed to have reservations about the proposed deal and sold Fieldcrest Cannon Inc. stock down $2.50 Friday to end at $21.50 on the New York Stock Exchange. The stock had traded as low as $19.50 during the session.
BUSINESS
December 6, 2000 | Dow Jones
Standard & Poor's said Tuesday that it will add QLogic Corp., an Aliso Viejo designer of chips and circuit boards that link computers and data-storage systems, to its S&P 500 Index. S&P said in a press release that QLogic, already an S&P MidCap 400 component, will join two other newcomers, Vitesse Semiconductor Corp. and Stryker Corp., effective Monday. The companies will replace Polaroid Corp., Springs Industries Inc. and Russell Corp., all of which will move to the SmallCap 600 index.
ENTERTAINMENT
February 25, 1990 | SUZANNE MUCHNIC
Photography celebrated its 150th birthday in 1989 with a year-long round of exhibitions. They went on and on, and traveled around the country until it seemed that photography was about the only art to be seen while sesquicentennial mania persisted. Major museums hosted massive surveys while smaller outposts gathered photographs under geographic or thematic mantles. American tourists in Europe soon discovered that the bonanza wasn't a national phenomenon.
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