April 11, 1992 |
No matter how they tried, the planners at PBR Inc. couldn't properly convey their home-grown ideas for the Euro Disney Resort to a group of visiting French urban designers. So the Irvine development consulting firm arranged a quick tour of some of Southern California's newest communities--the ultra-planned Tustin Ranch and Rancho Santa Margarita in southern Orange County.
September 23, 1989 |
What does it mean that Michelin Group of France is buying Uniroyal Goodrich and becoming the largest tire company in the world and a stronger force in the U.S. market? The stock market decided Friday that it wasn't so good for Goodyear. The stock of the last remaining U.S.-owned major tire maker fell $1.25, to $53.625 a share, on news of the Michelin deal.
April 14, 1988 |
The French owner of the flashy Elle fashion magazine agreed Wednesday to pay $712 million to buy the company that publishes Woman's Day, Car & Driver and American Photographer. Paris-based Hachette would get the magazines owned by Diamandis Communications, a New York-based firm formed last year by a management-led buyout of CBS' magazine division. Hachette said the deal would make it the world's largest producer of magazines. "We're No.
March 22, 1995 |
Motorola, NEC to Invest in France's Bull: The American electronics powerhouse and the Japanese computer and telecom vendor will each take a 17% stake in money-losing French computer maker Cie des Machines Bull, sources close to the talks in Paris said. IPC of Singapore will take less than 10% later in the year, while IBM Corp. is prepared to raise its stake in Bull to 5% from 1.8%, they added.
April 29, 1992 |
LTV Sale to French Clears Hurdle: Deputy Defense Secretary Donald Atwood said he would have no objection to Thomson's purchase of LTV Corp.'s defense business as long as the foreign ownership is passive and barriers remain on the transfer of U.S. technology overseas. "It has to become a passive ownership or it doesn't fly," Atwood told a joint panel of the House Armed Services Committee. Atwood said the Pentagon now remains neutral on the French company's proposed buy of LTV.
May 15, 1992 |
The Pentagon's intelligence agency has concluded in a secret report that the acquisition of LTV's missile business by French-owned Thomson would pose an unacceptable risk to U.S. national security, according to testimony at a congressional hearing Thursday. The disclosure comes amid an increasingly contentious lobbying campaign by Thomson and by the losing bidders for the LTV unit, Lockheed and Martin Marietta.