Merger

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Merger - Appliance Sears iOj^^^Hondredi «( Utt StUtnj...
Appliance Sears iOj^^^Hondredi «( Utt StUtnj Aj>- IN YEAR Sear. National Ho™>ffl BHL Appliance Salt. ends i ns^, 1 SATURDAY | Washer Console Automatic Electric Dryer Handy linl scieer, <t&B§ Dryer slops when dooi is opened ™" M *>Bfc Regular $99.95 Fluor, Pike Corp. In Merger Deal LOS ANGELES - (AF) The Fluor Carp... and Hie Pike Corp., of America have reached preliminary agreement to consolidale, they announced Thursday. J. Robert Fluor arm [nomas P. Pike, chairmen and chief executive officers of the Los An geles based firms, said Fluor w-ouli acquire fixe perming ap proval of directors anrl shareholders of both companies. Fluor has 4,840,154 shares c common stock and 161,486 share: of scries a preferred stock out standing. Pike has 230,160 share of preferred stock and 3,002.31 shares of common. The acquisition would be nc compllsbcd through a non-tax able transncMm. said Fluor whereby shareholders of Pike preferred slock would receive for each share 1.41 shares of Flour common stock, and ,24 of a shaie of a new Flour preferred stock Pike common shareholders would receive for each share .47 of a Fluor common share and .OK of a new Fluor preferred Pike Corp., which engages offshore drilling and supplies dustria] equipment for oil wells has three major subsidiary com panics, The Wcstrvn Offshore Drilling and Exploration Co., Republic Supply (Jo,, of California and The Kilsby Tube Supply Co. Fluor said the proposed aqui-sLLicn would enhance its position CUTIES By E, Simms Campbell "And tell those crooked competitora of mine just WHERE they can go! No, Miss Hams-use a stronger word." in the emerging oceanographlc industry. Fluor engages in engineering, procurement, and construction ol petroleum refineries end has a subsidiary, Deep Oil Technology, Inc. for development of offshore oil fields. Giraffes sleep only a hours a night, usually with their neaas ne-ici ereci. jVisnai Arnold Palmer CLOSE RACE DOUGLAS Wyo. (AP)— The results in the balloting fo: councilmen seats in Douglas's nonpartisan town election were pretty close. Dr. Dill lserman and Merwin Sehllchling were elected with-241 votes each. Harold Link got 240 vn:es and Bruce Fitilcr 234. Golf SAVE 33 Regular $2.99 For those disfanee professional with CHARGE Satisfaction SHOP AT SHAHS ND SAVE I Now Craftsman

Clipped from
  1. The Bridgeport Telegram,
  2. 19 Jul 1968, Fri,
  3. Page 11

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