OTHER NEWS - March 10, 1993
From Times Staff and Wire Reports
Fluor to Study Anti-Takeover Plan: Fluor Corp., which provides engineering and construction services to a wide range of industries and mines coal and lead, will take a closer look at its anti-takeover plan after a surprisingly strong shareholder vote to repeal the plan. Les McCraw, Fluor’s chief executive, said nearly 42% of shareholders casting ballots at the company’s annual meeting favored a proposal to repeal Fluor’s preferred share purchase rights plan or submit it to a binding vote by shareholders.
