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The Tribune from San Luis Obispo, California • 1

Publication:
The Tribunei
Location:
San Luis Obispo, California
Issue Date:
Page:
1
Extracted Article Text (OCR)

geiaipipwqepriwq 1 1 -4 MC V- i-4 -V V''VV A VVV'VVV 1 parent firm battling bid to take over the company By TomFulki Telegram-Tribune A former governor of New York and hia partners want to boy KSBY-TV in San Lois Obispo Officials of the company that owns KSBY four other television stations and several radio stations around the country want to sell Lawyers for the New Yak City based John Blair and Company contend the takeover bid by the Macfadden Acquisition Corp is unfair or both" said Don Deaton a spokesman for Blair Deaton is a senior vice president with Hill and Knowlton a New Yak City public relations legal counseling firm that represents Blair The president of Macfadden Michael Boylan of New York City said Wednesday his takeover bid is legal and fair to the Boylan predicted that John Blair and Company would be his by Monday is takedown Boylan said Boylan said he has made Blair stockholders a offer" that Blair executives will find hard to match If Blair officials do not come up with more profitable offer by Boy Monday deadline they will have the option to sell Deaton said If the takeover is successful the broadcast holdings of Blair would fall unda the trusteeship of forma New York Gov Hugh Carey and Macfadden Holdings Inc parent company of Macfadden Acquisition Corp John Blair and Company holds Federal Communications Commission broadcast licenses for KSBY-TV KSBW-TV in Salinas and television stations in Oklahoma Florida and Puerto Rico In addition to the five television stations John Blair and Company owns AM and FM radio stations in Boston Texas Indiana and Florida Blair also owns the AdvoBystem Inc a subsidiary that specializes in direct-mail advertising David Cox general manager at KSBY-TV said be has heard little of the corporate fighting otha than Macfadden wants his station lot of legal Jargon is being passed back and forth but nothing formal yet out of New Yak" Cox said Boylan said he intends to divest some of assets but he plans to keep all the broadcast properties "They are Boylan said have no plans to change tiie format the personnel a anything like that We want the broadcast properties because we doit think been fully developed been hampered lqr a heavy New Yak hand" In a letter to stockholders Blair President Jack Fritz said offer of $23 pa share was too low and highly board has rejected offer of $2875 million for the moe than 11 million outstanding shares Blair's stock price remains above the $25-per-share tenda offa suggesting investors may expect a higba bid to emerge according to the Wall Street JournaL Blair closed Wednesday at $26 a share in New York Stock Exchange composite trading Deaton said that Blair executives exchanged some shares fa debts they owed in early April when each share of Blair stock was valued at $2222 That was about the time Blair stock was being in the stock market" after the company suffered heavy losses from its AdvihSystem holdings he said the fact that we had some problems with Advo units Blair was profitable" Deaton said saw the price depressed and figured it was a good time to buy called fishing' You look fa stock battered in stock market and try to buy it" ifarfarfdan president Boylan said Please see Takeova bid 3A The COUNTY TELEGRAM- Nurse shortage plagues county THURSDAY MAY 15 1986 of San Luis Obispo Daily 254 By Ann Fairbanka Telegram-Tribune San Luis Obispo General Hospital is still fighting the shortage of nurses that temporarily closed its intensive care unit a shortage that is plaguing most hospitals in the county Several nursing directors attributed the ahortage partly to Atascadero State Hospital which has tripled its nursing staff ova the last year by hiring 80 nurses at relatively high salaries Another possible reason for the shortage they said is a drop in applications to nursing schools nationwide including Cuesta College People apparently prefer to in a profession that work nights work weekends and pays relatively dose" to what nursing does said Fran Martin nursing director at Twin Citiea Community Hospital in Templeton really have to like it to go into Martin said takes a special person" Combined with a decline in applications and meager response to advertisements General Hospital has been hit with 17 nurse resignations since January said Nursing Directa Florence Hanna Several have gone to work at Atascadero State and many have quit because of uncertainty over the future Hanna said Because of the staff shortage ICU was closed four days last week It reopened Monday afta foe nurses on staff were so we could help cova the different Hanna said While she continues looking for experienced nurses to fill seven full-time positions the Board of Supervisors approved a contract Tuesday with Upjohn Healthcare Services be fa temporary help Unda the contract Upjohn will proride General with licensed nursing staff as needed General will pay Upjohn $2094 to $2356 an hour for registered nurses Hanna said that rate is comparable to aalaries plus benefits at General where a registered nurse with two experience is paid $1059 to $1287 an hour Please see Nurse shortage 3A 117 YEAR NO 240 28 PAGES Tina Garcia gets hugs from her More deaths seen from reactor blast Serving the Entire County friends after she was named La the best beards in the county The grand prize a silver belt buckle went to Brian Alvarez of Arroyo Grande In the new growth category Dave McLain of Shell Beach won the best overall honors Fa the pre-grown category Charlie Nichols of Arroyo Grande came out on top Fiesta Queen Garcia is an 18-year-old San Luis Obispo High School student who also works as a floral designer The new queen and ha sponsor Pacific Gas ft Electric Co raised almost one-third of the total $11312 made fa the contest The queen contest which is decided by how many drawing tickets each of the young women sells ova a month is the major fund-raiser fa La Fiesta First runner-up Apodaca was sponsored by the county Arts Council Cady worked with the Bay-Osos Lions Club Doug ParkerTelegram-Tribune Fiesta Queen at the San Luis Obispo Monday Club Wednesday La Fiesta! Old Man Gloom to be torched oil compromise hopes dim Telegram-Tribune news services MOSCOW An American doctor treating victims of the Chernobyl disasta said today more Soviets will die because they received lethal doses of radiation released by the nuclear power plant Dr Robert Gab a bone marrow expert told a packed news conference that Soviet and foreign specialists have identified 35 people who suffered severe radiation exposure afta the April 26 accident at the Ukrainian plant Despite around-the-clock efforts by doctors a Moscpw clinic Gab said seven of those people exposed to radiation cases have died He said more deaths are expected Soviet officials including Communist Party leader Mikhail Gorbachev have said two otha people were killed in the explosion and fire at the No 4 reactor a televised speech Wednesday night Gorbachev announced the death toll from the accident had reached nine and said the disasta had shown the force" nuclear energy could pose Breaking an 18-day silence on foe accident Gorbachev also accused the West and the United States particuhr of using the disasta fa an anti-Soviet campaign" a 25-minute television speech he defended the Soviet handling of foe Chernobyl accident rejecting charges that Moscow had foiled to provide full or timely information Gorbachev said it was too early to pass on the causa of the accident but he supplied some new information on what had occurred specialists report" he said powa output suddenly surged during a scheduled shutdown of Unit 4 A considerable French Open and the junior Wimbledon championships in Britain On Wednesday however the British had their own example of timidity when the Welb Royal Ballet canceled a 10-day tow of Israel because of risks of traveling In foe Middle East Assistant Directa Paul Findlay said the dancers and staff felt that foe risks were higher going into the Middle East at fob But each example of American reluctance to travel fueb the embarrassment of Americans who live to Europe raising a finger (Libyan leader) Col (Moammar) Khadafy MwiMinn of steam and subsequent reaction resulted the formation of hydrogen its explosion damage to foe reactor and the associated radioactive Gorbachev made no effort to conceal the scope a gravity of the dbaster He spoke of it as an extraordinary and dangerous misfortune that affected the Soviet peopb and caused anxiety among the international public" to the effective measures taken it is possible now to say that foe worst has passed" he said adding that the level of radiation around the powa plant remained at a dangerous level He abo extended a unilateral Soviet moratorium on nuclear weapons tests until Aug 6 the anniversary of the 1945 atomic bombing of Hiroshima Japan by the United States Gorbachev called on the United States to job the test ban and asked President Reagan to meet him for talks on the issue Gorbachev also accused the West of tiring to score political points ova the disasta a immoral saying the Soviets were faced with veritable moun-tab of lies dishonest and malicious lies" Speaking today of the attempts to save those who absorbed large doses of radiation Gab said our efforts have not been successful all cases But 28 of these 35 bdividuals are we know that additional deaths are unavoidable we hope that a substantial number of these patients will he said Gab of the University of California at Los Angeles said 19 patients have received bone marrow transplants Heavy doses of radiation destroy bone marrow which can be fatal tourists has ban able to crate an economic boycott of Great Gerry Marks the UJS counselor for commercial affairs told The Associated Press Harry Cressman head of the American Chamber of Commerce Britain called hto worried compatriots plain a sad day fa Cressman said when a 30-member trade delegation from Washington state led by Gov Booth Gardna canceled a scheduled 18-day European tour fob month aides aid he felt it would be Please sa Chickens 3A La Fiesta kicked up ha heels Wednesday night starting with the coronation and the Whiskerino contest San Luis Obispo native Tina Garda was crowned Fiesta Queen The (3662 she raised was the most of six girls vying fa the title Runners-up were Sylvia Apodaca and Tammy Cady Festivities will continue outside tonight when Old Man Gloom ZoZobra will be burned at dusk west of Madonna Road Plaza shopping center There also will be a blues dance concert at 8 pm at the Veterans Memorial Building A costume breakfast will be held from I to 10 ajn Friday at Mission Plaza The main event the parade will be at 10 am Saturday At Saloon in San Luis Obispo 27 men were Judged by the new queen and her court in the Whiskerino contest to see who had Offshore WASHINGTON (McGlatchy News Sendee) Key members of congressional negotiating team emerged from a meeting with Reagan administration officials Wednesday expressing pessimism at the possibility of reaching a new compromise over offshore oil drilling are not dose to an agreement" Sen Alan Cranston said afta leaving a dosed-doa negotiat Index Business 11A Classiied Comics 10A Community 5B Entertainment 6B Obituaries 13A 0pnion Ul Stocks 8B jy l0 u3 8 Weather 13B Jim Rafferty right tugs at Al An assistant Interior secretary for Land and Minerals Management acknowledged that still have a log way to but said he remains optimistic that an agreement can be reached The Department of Interior has announced plana to hold a lease sale fa the Northern California coastline in 1988 unless Congress acts before then to re-impose a moratorium that prevented leasing ova most of Robert DytrTelegram-Tribune beard at Whiskerino event foe California coast four of the past five years The Appropriations Committee is expected to vote next month on budget to which the mor-atoria have been attached the past but several negotiators said Wednesday that vote could be pushed back to give negotiators moe time to work on a compromise not simply a question of the of foe fra and the home of foe being good fa a laugh There economic alarm and resentment too particularly Britain which alone Europe supported the United April 15 bombing raid on Libya fa the North Africa alleged role in terrorist attacks The snide remarks mount with each new announcement that an American group visit Europe from a Florida foundation that withdrawing from a ceramics exhibit to foe US Tennb Association which said it send a team of 11 boys and girls to the junior British basting 'chicken' American ing session with representatives of the Department of Interior Asked what the chances are that the two sides will be able to find comma ground in the next few crucial weeks Cranston replied that think very good" The result he said is likely to be that administration will try to lease (drilling rights) all over the and that angry Californians will file suit to block those leases On Friday La Fiesta foliage a little bit of La Fiesta can last all summer in San Luis Obispo for gardeners who want to highlight Boorish architecture with plant- ings Columnist Rosemary Flamion of- fers advice about how to brighten landscapes and add home-grown ingedients to dishes on the commu- nity page of Friday's Telegram- Tribune LONDON (AP) Jibes about American timidity are bard everywhere: hotel lobbies Parliament even on the usually straightforward newscasts of the British Broadcasting Corp they put me terrorist on Mars foe Americans go a BBC radio anchorman commented at the end of a news report about spaceflight It was one of countless mocking comments bebg made Utely in derision of those Americans who are staring away from Europe fob year bemuse they far terrorist attacks and radiation from the Soviet nuclear accident.

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Pages Available:
926,420
Years Available:
1907-2024