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BUSINESS
March 25, 1990
This is in regard to S. J. Diamond's "It Pays to Question Those Bill Surcharges," March 16. Four years ago, after having had excellent safety and loss records, our insurance premiums doubled and tripled in two years. As any business, to survive, this cost was inevitably passed on to the customer. After careful consideration we decided on a surcharge for two main reasons.
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BUSINESS
February 4, 1989 | RALPH VARTABEDIAN, Times Staff Writer
Lockheed shares jumped $1 to $48 Friday in heavy trading on the New York Stock Exchange amid renewed rumors suggesting that the company is preparing to fight a takeover attempt. The Calabasas-based aerospace firm has been the subject of repeated takeover rumors for two years, and late last year it adopted a stock distribution takeover defense. The rumors Friday centered on reports that the New York investment firm of Goldman, Sachs & Co.
BUSINESS
December 12, 1989 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Texas billionaire Harold C. Simmons disclosed Monday that he has raised his stake in Lockheed Corp. to 16.9%, including a block of nearly 3.8 million shares that one of his companies bought last week. But Simmons, in a filing with the Securities and Exchange Commission, said his intent has not changed. Simmons has said in the past that he is buying Lockheed stock as an investment, although he may decide to seek control of the Calabasas-based aerospace giant.
BUSINESS
December 12, 1989 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Texas billionaire Harold C. Simmons disclosed Monday that he has raised his stake in Lockheed Corp. to 16.9%, including a block of nearly 3.8 million shares that one of his companies bought last week. But Simmons, in a filing with the Securities and Exchange Commission, said his intent has not changed. Simmons has said in the past that he is buying Lockheed stock as an investment, although he may decide to seek control of the Calabasas-based aerospace giant.
BUSINESS
April 5, 1989 | AL DELUGACH, Times Staff Writer
Even after a two-year lull in his raiding game, Harold C. Simmons has demonstrated that he can still put fear into the management of potential takeover targets. When the self-made Dallas billionaire passed the 5% level in his Lockheed holdings, it apparently hit a nerve. On Tuesday, Lockheed quickly threw up more of the defenses that it began erecting against him last December, when he disclosed that he might increase his 0.6% stake in the big aerospace company.
BUSINESS
March 25, 1990
This is in regard to S. J. Diamond's "It Pays to Question Those Bill Surcharges," March 16. Four years ago, after having had excellent safety and loss records, our insurance premiums doubled and tripled in two years. As any business, to survive, this cost was inevitably passed on to the customer. After careful consideration we decided on a surcharge for two main reasons.
BUSINESS
December 8, 1989 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Texas billionaire Harold C. Simmons received permission Thursday from the Federal Trade Commission to buy up to 25% of Lockheed stock, and a large block of the aerospace giant's shares changed hands with Simmons as the rumored buyer. Simmons, who already owns nearly 11% of Lockheed, has said in SEC filings that he might seek control of the Calabasas firm, and late last month he requested approval to increase his stake above 15%.
BUSINESS
May 13, 1992 | From Times Staff and Wire Reports
Stockholders of Purchase, N.Y.-based International Paper Co. narrowly rejected a proposal aimed at dismantling the company's poison pill takeover defense. . . . An investor group that includes Dallas financier Harold C. Simmons and the holding company he controls, Valhi Inc., increased its stake in NL Industries Inc., Houston, to 65.1% from about 64.05%.
BUSINESS
December 8, 1989 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Texas billionaire Harold C. Simmons received permission Thursday from the Federal Trade Commission to buy up to 25% of Lockheed stock, and a large block of the aerospace giant's shares changed hands with Simmons as the rumored buyer. Simmons, who already owns nearly 11% of Lockheed, has said in SEC filings that he might seek control of the Calabasas firm, and late last month he requested approval to increase his stake above 15%.
BUSINESS
April 5, 1989 | AL DELUGACH, Times Staff Writer
Even after a two-year lull in his raiding game, Harold C. Simmons has demonstrated that he can still put fear into the management of potential takeover targets. When the self-made Dallas billionaire passed the 5% level in his Lockheed holdings, it apparently hit a nerve. On Tuesday, Lockheed quickly threw up more of the defenses that it began erecting against him last December, when he disclosed that he might increase his 0.6% stake in the big aerospace company.
BUSINESS
February 4, 1989 | RALPH VARTABEDIAN, Times Staff Writer
Lockheed shares jumped $1 to $48 Friday in heavy trading on the New York Stock Exchange amid renewed rumors suggesting that the company is preparing to fight a takeover attempt. The Calabasas-based aerospace firm has been the subject of repeated takeover rumors for two years, and late last year it adopted a stock distribution takeover defense. The rumors Friday centered on reports that the New York investment firm of Goldman, Sachs & Co.
BUSINESS
June 21, 1989
Columbia Savings & Loan Assn. of Beverly Hills elected Lawrence A. Kudlow and Arthur H. Bilger to its board at the firm's annual meeting Tuesday. Kudlow, 41, is chief economist and senior managing director of Bear, Stearns & Co. and chairman of the firm's investment policy committee. Previously, he worked as a private economic consultant in Washington. From 1981 to 1983, he served as associate director for economics and planning in the Office of Management and Budget. A resident of New York City and East Lyme, Conn.
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