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BUSINESS
February 4, 1999 | LESLIE EARNEST, TIMES STAFF WRITER
St. John Knits Inc. said Wednesday it has accepted a sweetened offer from the founding Gray family to buy the maker of upscale women's clothing and take the firm private. The Irvine company's board accepted a bid from Chief Executive Robert E. Gray, his family and Vestar Capital Partners to acquire the bulk of the company for $30 a share, or $522 million. In December, the Grays had offered $28 a share.
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BUSINESS
July 31, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
An aerospace company controlled by New York-based investment firm Vestar Capital Partners Inc. said Tuesday that it paid $30 million for two aerospace companies, including Quality Aluminum Forge in Orange. International AirParts Corp., a newly formed Vestar subsidiary, acquired Mamco Manufacturing Inc., a machine shop and assembler of metal components in Seattle, which has 200 employees.
BUSINESS
September 3, 1993 | From Times Staff and Wire Reports
Vestar Inc. to Help Develop Cancer Drug: The San Dimas company said it will develop and sell Taxol under an agreement with Towers Phytochemical Ltd., a closely held Canadian drug company. The two companies will sell the drug first in Canada if it wins regulatory approval there, Vestar said. It will also try to develop an improved version of Taxol by encapsulating the drug in tiny globules of water and fat.
BUSINESS
February 4, 1999 | LESLIE EARNEST, TIMES STAFF WRITER
St. John Knits Inc. said Wednesday it has accepted a sweetened offer from the founding Gray family to buy the maker of upscale women's clothing and take the firm private. The Irvine company's board accepted a bid from Chief Executive Robert E. Gray, his family and Vestar Capital Partners to acquire the bulk of the company for $30 a share, or $522 million. In December, the Grays had offered $28 a share.
BUSINESS
September 3, 1993 | From Times Staff and Wire Reports
Vestar Inc. to Help Develop Cancer Drug: The San Dimas company said it will develop and sell Taxol under an agreement with Towers Phytochemical Ltd., a closely held Canadian drug company. The two companies will sell the drug first in Canada if it wins regulatory approval there, Vestar said. It will also try to develop an improved version of Taxol by encapsulating the drug in tiny globules of water and fat.
BUSINESS
July 31, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
An aerospace company controlled by New York-based investment firm Vestar Capital Partners Inc. said Tuesday that it paid $30 million for two aerospace companies, including Quality Aluminum Forge in Orange. International AirParts Corp., a newly formed Vestar subsidiary, acquired Mamco Manufacturing Inc., a machine shop and assembler of metal components in Seattle, which has 200 employees.
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