OTHER NEWS - Feb. 11, 1994
Moody’s Investors Service cut the ratings on $1.8 billion of Walt Disney Co. debt, saying persistent troubles at its EuroDisney theme park exposed the company’s bondholders to greater risks. . . . Stockholders, as expected, approved the previously announced merger of Columbia Healthcare Corp. and Hospital Corp. of America. . . . America West Airlines asked a federal bankruptcy court judge to extend until Feb. 24 the deadline for selecting a lead investment proposal for its reorganization plan. The Phoenix-based airline also asked the court to bar the sale of unsecured claims and limit the sale of company debentures and large blocks of common stock. . . . Santa Anita Realty Enterprises said it will take a charge of $11 million reflecting the sale of its apartment and industrial properties to Pacific Gulf Properties Inc., which went public this week.
