OTHER NEWS - Aug. 17, 1994
- Share via
American Home Products’ Deadline Passes: The company’s deadline for American Cyanamid Co. to accept a $100-a-share buyout passed without Cyanamid making a public response. Cyanamid failed by the close of business to publicly reply to American Home’s $9-billion bid, which American Home presented Monday in efforts to pressure Cyanamid into a quick merger agreement. The improved bid topped American Home’s Aug. 9 tender for Cyanamid, a Wayne, N.J.-based maker of drugs and chemicals, by $5 a share, or about $450 million.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
