Business
Carson Pirie Scott Ends Bid to Take Over Younkers: The decision by Milwaukee-based Carson Pirie Scott & Co. comes more than two months after Alcoa, Tenn.
Jan. 4, 1996
Carson Pirie Stock Rises on Bid: Shares of Carson Pirie Scott & Co. shot higher after a Swiss-owned retailing company based in Milwaukee launched a $280-million buyout for the Chicago-based department store chain.
April 4, 1989
Carson Pirie ‘Parachutes’ Disclosed: Three Carson Pirie Scott & Co. executives will receive “golden parachute” severance payments totaling nearly $9.5 million should the company change ownership, according to a filing with the Securities and Exchange Commission revealed in a published report.
April 24, 1989
Department Stores Agree to Merge: Midwest department store operators Carson Pirie Scott & Co. and P.
May 2, 1989
The group, called Baytree Investors, valued the new bid of cash and securities at $47 a share, or $470 million, up from $36 a share.
April 16, 1986
Carson Pirie Scott & Co., Chicago’s second-largest department store chain and a long-time target of takeover speculation, Wednesday announced a radical reorganization plan which would allow it to focus on its core retail businesses.
May 28, 1987
The Merchandise Mart, the world’s largest commercial building and a Chicago landmark for six decades, has become a mecca for interior designers and wholesale buyers.
April 3, 1990
National Gypsum said it postponed its special stockholders meeting, scheduled for Friday, to next Tuesday . . .
April 23, 1986
Arthur Frankel has resigned as chairman of Pic ‘N’ Save, a position he took less than four months ago to help the discount retailer through its transition after a corporate overhaul designed to end a proxy fight.
Nov. 9, 1990
Kaiser Aluminum & Chemical Corp. of Oakland said its energy business to Presidio Oil Co. of Denver for an undisclosed amount of cash . . .
Aug. 28, 1987