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BUSINESS
March 31, 1989 | JAMES F. PELTZ, Times Staff Writer
The federal government sued a small Los Angeles investment firm Thursday, alleging that the firm misled the public a year ago by falsely saying it had made a "firm offer" to buy Superior Industries International Inc. in Van Nuys. The Securities and Exchange Commission filed the civil suit in federal court in Los Angeles against privately held Rana Research Inc., which does business as Vista Group Ltd., and its president, Vipin Sahgal. Vista specializes in arranging mergers and acquisitions.
BUSINESS
March 31, 1989 | JAMES F. PELTZ, Times Staff Writer
The federal government sued a small Los Angeles investment firm Thursday, alleging that the firm misled the public a year ago by falsely saying it had made a "firm offer" to buy Superior Industries International Inc. in Van Nuys. The Securities and Exchange Commission filed the civil suit in federal court in Los Angeles against privately held Rana Research Inc., which does business as Vista Group Ltd., and its president, Vipin Sahgal. Vista specializes in arranging mergers and acquisitions.
BUSINESS
February 10, 1988 | JAMES F. PELTZ and JAMES BATES, Times Staff Writers
An unsolicited takeover bid for Superior Industries International gave way to widespread confusion Tuesday when one of the purported suitors, Prudential-Bache Securities, said it was not involved in the $93-million offer. Vista Group Ltd., an investment firm in Century City, issued a press release Monday night saying that it and Prudential-Bache had jointly made "a firm offer" to buy Superior for $16 a share. The bid was made in a letter to Superior Chairman Louis L. Borick.
BUSINESS
September 11, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
On the morning of Feb. 8, 1988, the American Stock Exchange would not let trading begin in the stock of Superior Industries International Inc. Why? There was important news for investors to evaluate first. A press release had been issued early that morning announcing that a "firm offer" to buy Superior had been made by Vista Group, a little-known Los Angeles investment firm, and the giant brokerage Prudential-Bache Securities Inc. The offer: $16 a share, or $93 million total.
CALIFORNIA | LOCAL
June 21, 2007 | John L. Mitchell, Times Staff Writer
While the fates of media giants Dow Jones, Tribune and McClatchy play out in the business pages of newspapers nationwide, another press battle is quietly taking shape on a much smaller scale on the Westside of Los Angeles. Two weeklies, the Westside Chronicle and the Beverly Hills Courier, are locked in a turf war over advertising, endorsements and readership. Bad feelings and court appearances are piling up.
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