O dia 31 de agosto de 1993 foi um terça-feira sob o signo de ♍. Foi o dia 242 do ano. O presidente dos Estados Unidos foi William J. (Bill) Clinton.
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Date: 31 August 1993
By Bloomberg News
Bloomberg News
The stock of Harvard International Technologies Ltd. plunged $5.50, or 31.4 percent, to $12 yesterday, after the company failed to acquire important equipment and a news article called into question some company statements. The decline was the steepest in Nasdaq trading.
Date: 31 August 1993
By Bloomberg News
Bloomberg News
Telephone and Data Systems Inc. of Chicago signed a definitive agreement yesterday to acquire the Vanlue Telephone Company. The terms were not disclosed. Vanlue Telephone, based in Findlay, Ohio, provides local telephone services and owns cellular telephone interests in two Ohio rural service areas. Telephone and Data Systems provides local, cellular and paging services. Telephone and Data Systems said Vanlue would complement its Arcadia Telephone Company division, which borders Vanlue Telephone.
Date: 31 August 1993
By Bloomberg News
Bloomberg News
Shareholders of the Hadson Energy Resources Corporation have filed a lawsuit aimed at blocking the company's acquisition by the Apache Corporation. The lawsuit, filed in Delaware Chancery Court, contends that Hadson is worth far more than the $15 a share agreed on by the two companies last week. The lawsuit contends that the companies were incapable of unbiased negotiations because Apache owns 68 percent of Hadson. Apache is an oil and gas exploration company based in Houston. Hadson, based in Oklahoma City, has a market value of $90.4 million.
Date: 31 August 1993
By Bloomberg News
Bloomberg News
Eastern Enterprises of Weston, Mass., said yesterday that it had agreed to swap its Ionpure Technologies Corporation subsidiary for a 24 percent stake in the United States Filter Corporation. Under the terms of the agreement, Eastern would receive 2.25 million shares of United States Filter common stock and a small cash payment in exchange for the stake in United States Filter, a maker of water treatment equipment based in Palm Desert, Calif. The shares are worth about $50 million based on yesterday's closing price of $22.25 for United States Filter's common stock. Ionpure, with annual revenue of more than $55 million, provides water systems to commercial and industrial customers.
Date: 31 August 1993
By Milt Freudenheim
Milt Freudenheim
Health Net, the largest for-profit health maintenance organization in California, said yesterday that it had agreed to merge with Qual Med Inc., a Colorado-based H.M.O., in a deal that analysts valued at $500 million in stock plus $225 million in debt. Roger F. Greaves, chairman of HN Management Holdings Inc., Health Net's parent company, will share chief executive duties in the merged company with Dr. Malik M. Hasan, a London-trained neurologist from Pakistan who is Qual Med's chairman.
Date: 31 August 1993
BARR LABORATORIES INC., Pomona, N.Y. said it had reintroduced three antibiotics after the Food and Drug Administration approved manufacturing procedures for the drugs. CACI INTERNATIONAL INC., Arlington, Va., said merger talks with Comarco Inc. of Anaheim, Calif., had ended for the second time this year.
Date: 31 August 1993
International A2-11 ISRAEL APPROVES AGREEMENT Israel's Cabinet approved a draft accord with the Palestinians that would grant them limited self-rule and lead to mutual recognition. A1 WALLS COME TUMBLING DOWN News analysis: In a region where one of the few certainties seemed to be the irreconcilability of differences between Israel and the P.L.O., the prospect of peace is shaking foundations on all sides. A1
Date: 31 August 1993
By Bloomberg News
Bloomberg News
The Navy has awarded computer-aided design contracts totaling $820 million to two privately held companies. Both contracts will last 12 years. The Integraph Corporation of Huntsville, Ala., recieved a $421.8 million order, while Cordan Inc., based in Reston, Va., received a $398.8 million pact.
Date: 31 August 1993
By Bloomberg News
Bloomberg News
Vietnam chose a consortium led by Total S.A. to study the feasibility of building and operating the country's first oil refinery, with a capacity of about 130,000 barrels a day, the French oil company said today. Total has a 30 percent stake in the consortium. PetroVietnam owns 30 percent; the Chinese Petroleum Corporation of Taiwan owns 30 percent, and Chine Investment and Development, also from Taiwan, owns 10 percent.
Date: 31 August 1993
H. F. AHMANSON & CO., Irwindale, Calif., appointed Kevin M. Twomey executive vice president and chief financial officer of Ahmanson and its principal subsidiary, Home Savings of America. AMERICAN EXPRESS CO., New York, appointed James A. Firestone president of the travelers' checks unit of the American Express Travel Related Services Co.