April 30, 1987
Commodore International reported a slim $1-million quarterly profit and decline in revenue, a week after its president resigned and filed a breach-of-contract suit against the computer maker. Last year the company posted a $129.1-million loss. Revenue for its fiscal third quarter fell 7% from a year earlier.
May 14, 1996
ICN Pharmaceuticals Inc. said it signed an agreement with West Chester, Pa.-based VWR Scientific Products Corp. to market and distribute ICN's products for biomedical researchers in North America. VWR's sales force of 400 will focus on marketing the Costa Mesa drug firm's 55,000 biomedical products, calling on drug companies and other private firms that do their own basic research, officials said.
April 6, 1993
Gateway Communications Inc., an Irvine-based computer company, said Monday that it has agreed to add to its board three directors who will be selected by one of its major shareholders, expanding the board to seven members. The agreement resolves a proxy fight threatened by Adage Inc. of West Chester, Pa., which last year bought 15% of Gateway's outstanding common stock.
February 11, 1994 |
A 110-pound Akita's three years on Doggie Death Row in Bergen County, N.J., ended with the pooch's permanent exile. Gov. Christine Todd Whitman's staff and lawyers for the dog's owners signed documents that spelled out conditions of the dog's release. Taro, owned by Lonnie and Sandy Lehrer, had been in a county pen since 1991 for injuring the Lehrers' 10-year-old niece. Officials in their town, Haworth, wanted the dog killed under New Jersey's vicious dog law, claiming it had bit the girl's lip.
April 22, 2000 |
Funco Inc., a seller of new and used video games, said it accepted Electronics Boutique Holdings Corp.'s sweetened offer of $21 a share, or $135 million. Funco said rival Electronics Boutique boosted the $17.50 a share it offered April 3 to match a higher offer made three days later by Barnes & Noble Inc. Funco said April 13 it would accept the higher bid, made through Barnes & Noble's Babbage's Etc.
February 2, 1989
Mehdi Ali, managing director of Dillon, Read & Co., New York, has been named president of Commodore International Ltd. Ali has been a special adviser to Commodore for the past three years and in August was elected to the board. He has been with Dillon Read since 1984 and served as vice president at Pepsico and General Motors the previous eight years. Commodore, with headquarters in West Chester, Pa., makes and sells personal computers.