Advertisement

President Clinton said he will nominate Joel...

Share
Times Staff and Wire Reports

President Clinton said he will nominate Joel Klein to head the Justice Department’s antitrust division. . . . America’s Community Bankers sued the Federal Deposit Insurance Corp. in an effort to force federal regulators to refund almost $200 million in assessments charged to more than 1,000 U.S. thrifts. . . . Beverly Hills-based Hilton Hotels Corp. said federal antitrust regulators have allowed its hostile $10.5-billion offer for ITT Corp. to proceed. Hilton said the waiting period that allows federal regulators to examine its offer for antitrust conflicts expired Thursday. . . . Hong Kong retailer Dickson Concepts made a $240-million bid for Barney’s, the upscale New York-based merchant now operating under Bankruptcy Court protection from its creditors.

Advertisement