Advertisement
YOU ARE HERE: LAT HomeCollectionsSterling Inc
IN THE NEWS

Sterling Inc

FEATURED ARTICLES
BUSINESS
July 6, 1987 | From Reuters
Ratners Group PLC, Britain's biggest jewelry chain, is going for the lucrative U.S. market with its acquisition of Sterling Inc., a leading American retailer, Chairman Gerald Ratner says. "It represents a quantum leap--we're no longer just in a ($2.40-billion) market, we're now competing in a $22-billion market," Ratner said Friday. The group is buying Sterling for a little more than $200 million and has proposed a rights issue to raise about $200 million to fund the acquisition.
ARTICLES BY DATE
BUSINESS
July 6, 1987 | From Reuters
Ratners Group PLC, Britain's biggest jewelry chain, is going for the lucrative U.S. market with its acquisition of Sterling Inc., a leading American retailer, Chairman Gerald Ratner says. "It represents a quantum leap--we're no longer just in a ($2.40-billion) market, we're now competing in a $22-billion market," Ratner said Friday. The group is buying Sterling for a little more than $200 million and has proposed a rights issue to raise about $200 million to fund the acquisition.
Advertisement
BUSINESS
September 12, 1995
* Market trends: Microsoft Corp. was the volume leader in Monday's trading. Elsewhere, Orion Pictures Corp. said it entered into a commitment letter with Chemical Bank in which the bank and its affiliate, Chemical Securities Inc., agreed to provide financing for the previously announced merger of Orion with Actava Group Inc., MCEG Sterling Inc. and Metromedia Telecommunications Inc.
BUSINESS
September 27, 1985
Six partners and eight associates of Rifkind & Sterling Inc., a Beverly Hills law firm, will join the Los Angeles office of Hughes Hubbard & Reed as partners, effective Tuesday. The new HH&R partners are Andrea H. Bricker, Richard S. Friedman, George A. Furst, Richard J. Kaplan, Theodore H. Latty and Mark R. Moskowitz.
BUSINESS
May 9, 2000
Computer Associates International Inc. said it will report fiscal fourth-quarter earnings a week later than expected, on May 18, sending its shares down $6.19 to close at $46.88 on the NYSE. The company said it needs more time to analyze results from two companies acquired during the year: Platinum Technology International Inc. and Sterling Software Inc.
CALIFORNIA | LOCAL
May 23, 2000
* Sterling Software Inc. of Woodland Hills won a $11.7-million contract from the U.S. Postal Service in Washington for automatic data processing and telecommunication services. * Allright Diversified Services Inc. of Fresno won a $952,200 construction contract from NASA at Edwards Air Force Base in the Antelope Valley.
BUSINESS
June 24, 1993 | From Times Staff and Wire Reports
British Petroleum Sells Purina Mills: The animal feeds unit was sold for $425 million to Sterling Group Inc., a Houston-based private financial group that specializes in leveraged and management buyouts. BP wants to concentrate on its core business, the firm said. Purina Mills, which was owned by St. Louis-based BP Nutrition, is the nation's biggest maker of animal feeds. BP Nutrition had acquired Purina Mills in 1986 from Ralston Purina Co. for $545 million.
Los Angeles Times Articles
|