OTHER NEWS - Oct. 14, 1992

Time Warner Registers to Sell $1.5 Billion in Debt: Time Warner Inc. said it had notified the SEC that it may sell up to $1.5 billion in new debt securities. The media and entertainment conglomerate said it filed a shelf registration for the debt, a technical maneuver that sets the stage for a future debt offering without obligating the company to proceed with it. The world’s biggest media and entertainment conglomerate said proceeds from such a sale would be added to its general funds and would be used for working capital and general corporate purchases, which could include buying back other debt or preferred stock.