OTHER NEWS - May 13, 1992
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From Times Staff and Wire Reports
Stockholders of Purchase, N.Y.-based International Paper Co. narrowly rejected a proposal aimed at dismantling the company’s poison pill takeover defense. . . . An investor group that includes Dallas financier Harold C. Simmons and the holding company he controls, Valhi Inc., increased its stake in NL Industries Inc., Houston, to 65.1% from about 64.05%.
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