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The sale comes as part of a plan to resolve Justice Department objections to Baker International Corp.’
Feb. 19, 1987
Although denying knowledge of any imminent takeover attempt, Orange-based Baker International Corp. said Thursday it has adopted a traditional “poison pill” to discourage any unfriendly buy-up of the oil service company’s stock, which has fallen sharply in price in recent years.
May 30, 1986
California
Fred Baker, professor and chair of teacher education at Cal Poly Pomona, has recently received a $10,000 grant from the Peace Corps.
Oct. 13, 1991
Baker Communications said it agreed to buy from Citicorp Venture Ltd. and certain individuals the 20% of the Palos Verdes Peninsula News that Baker does not already own . . .
April 6, 1988
Baker International Corp.’
Jan. 10, 1986
Baker International Corp. has been placed on the Standard & Poor’s Corp. list of firms that may face a downgrade in credit ratings as a result of the prolonged slump in the oil industry.
Oct. 2, 1985
Already battered by a seemingly never-ending slump in the oil-drilling business, Baker International Corp.’
July 17, 1986
Baker International Corp. said that as a result of $340 million in write-downs, it had a net loss of $254.9 million for the second quarter ended March 31.
April 25, 1986
Archives
Apparel: CEO teams with venture capital firm to free Op from its owner under strategy to reinvent it as a holding company that will manage other brands.
June 17, 1998
McKesson Corp., the nation’s largest drug wholesaler, agreed to buy closely held Baker/Automated Prescription Systems Inc. for about $154.9 million in stock and debt to expand its line of automated drug-dispensing systems.
Aug. 29, 1998