Business
A prolonged battle against the merger of two unlikely corporate partners ran out of steam Thursday when National Intergroup Inc. declared that its shareholders had approved by a “clear majority” a linkup with Bergen Brunswig Corp. of Los Angeles.
March 8, 1985
Legislation: A Senate panel votes to ban breaks to U.S. firms that move their headquarters to such places as Bermuda.
June 19, 2002
Shares of National Intergroup Inc., a diverse conglomerate that owns half of National Steel Corp., rose sharply Monday after an investment group announced that it had acquired a 7.4% stake and might take it over.
Nov. 29, 1988
Pacific Mutual Life Insurance Co. won a court battle Tuesday for the right to take over management of First Capital Life Insurance Co. in San Diego, the nation’s second-largest insurance company failure.
July 1, 1992
Pacific Mutual Life Insurance Co. has come a long way since it was seized by state regulators during the Depression.
May 10, 1992
Insurance: The firm, hurt by cuts in credit ratings and heavy losses, faces $735 million in debt.
Aug. 23, 2000
California
A car lot owner charged with masterminding a scheme to kill one of his salesmen hired a hit man from Mexico to fatally shoot the salesman, a prosecutor charged.
June 26, 1992
Federal charges were dismissed Monday against three Upland men allegedly allegedly involved in a Leucadia murder-for-hire scheme, so that prosecutors can seek the death penalty against them in state court.
Nov. 19, 1991
Directors of National Intergroup on Friday rejected a $750-million merger proposal from Leucadia National, the largest single investor in the diversified metals and consumer finance company.
Aug. 17, 1985
National Intergroup said Wednesday that its largest shareholder, Leucadia National Corp., has agreed to sell back three-quarters of its 1.8-million-share holding and to mount no further proxy battles for 10 years.
Sept. 12, 1985