OTHER NEWS - Oct. 26, 1996
Times Staff and Wire Reports
The United Auto Workers set a deadline of Sunday as its contract negotiations with General Motors took a turn for the worse. . . . Financier Carl Icahn boosted his stake in RJR Nabisco Holdings to 7.3% from 5.8% and demanded the ouster of its chairman. . . . A federal judge dismissed a portion of USAir’s lawsuit against the proposed British Airways-American Airlines alliance but issued no immediate ruling on the case. . . . Petsmart, the largest U.S. pet food and supply chain, said it will buy Britain’s Pet City Holdings for $239.1 million in stock. . . . Reader’s Digest Assn. said it named George Scimone president of its U.S. operations.
