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OTHER NEWS - April 26, 1995

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Lee Iacocca, Wife Agree to Divorce Terms: The former chairman of Chrysler Corp. and his estranged third wife have reached a divorce settlement and Iacocca will get a judge’s approval ending the four-year marriage, his attorney said. Lawyer Philip Vestevich refused to divulge the details of the agreement, reached Sunday, between Iacocca, 70, and former restaurateur Darrien Earle, 55, but the Detroit Free Press said it includes a minimum $4-million cash payment to Earle. Iacocca is taking part in a $22.8-billion bid by billionaire investor Kirk Kerkorian to take over Chrysler.

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