OTHER NEWS - March 7, 1996
Times Staff and Wire Reports
President Clinton presented the Malcolm Baldrige National Quality Award to Armstrong World Industries’s building products operations and to the telecommunications products division of Corning. . . . American Greetings, spurned in its second bid for Gibson Greetings, won’t attempt a hostile takeover but may sweeten its offer, its chairman said. . . . Billionaire investor Warren Buffett acquired 4.9 millions shares of McDonald’s stock in late 1994, according to a filing with the Securities and Exchange Commission.
