European Stars And Stripes (Newspaper) - August 3, 1985, Darmstadt, Hesse                                August 1985 the stars and stripes Page 5 lbs buyback move undercuts Turners bid new York a lbs said thursday it successfully concluded its offer to buy Back 21 percent of its common Stock under a financial reorganization that would end broadcaster Ted Turners takeover the announcement came after the Feder Al communications commission cancelled a hearing that had been scheduled to begin thursday in Washington to evaluate turn ers qualifications to take Over in announcing the 40 vote cancelling the the acc said wednesday that a question is now raised As to whether Turner broadcasting system will prosecute the applications now before without further the acc noted that the chief financial officer of Turner William Bevins had said that completion of Cess recapitalization plan would definitely kill the Turner broadcasting it cannot Bevins made the comment while testify ing in a District court hearing in at Lanta on Turners request for a court order to Block the lbs Stock the judge top 10 to station in percentage of total to households reached by stations capital Tribune twentieth i Kohlberg Kravis assumes that All Rio Recentio announced  win do completed As proposed that capital is granted a Federal communications commission waiver to keep its Philadelphia station note rankings Are based on the audience reach of the or the cumulate size of the to markets in Whiteh their stations the Federal   prohibits groups from operating in markets objectively reaching More than 25 percent of the nations to the acc allows a uhf station Jon channels above 13j to count Only 50 percent of its Market size in calculating total in Carlo graphic  ma0azina ruled tuesday that lbs could the lbs reorganization plan includes a limitation on the debt that could be taken on by the Turners takeover which involves Stock and debt would exceed that limit if lie took Over lbs said thursday that it had been ten dered nearly four times the shares it was seeking for Cash and face value in notes for each the com Pany said it expected to determine the shares to be accepted and begin buying them later this in Turner broadcasting issued a statement the Large amount of shares tendered to lbs reflects the desire of lbs shareholders to maximize their investment above the prevailing Market Turner broadcasting said it tendered the lbs shares it held because the lbs self tender is in essence a dividend being made to All lbs it added that it had no present intention of disposing of any of its lbs shares that Are not purchased by lbs in its Man drowns at Celebration for lifeguards new Orleans a although 100 life guards were a fully clothed Man drowned at a party to celebrate the first summer in memory without a drowning at a new Orleans City Jerome was found on the Bottom at the deep end of a new Orleans recreation depart ment Pool at the end of the party Nord director Madlyn Richard Moody was not a lifeguard and was a guest at the Richard said he had not been swimming and was fully four lifeguards were on duty at the party and More than half the 200 people there were certified she it was not known when Moody got in the water or How he the body was found As lifeguards began Clearing the Pool at the close of the they pulled him out and tried to revive him until emergency medical attendants an autopsy confirmed that he had the lifeguards were really its a real Richard this was the first annual party in memory where they could celebrate a Trou Lefree the lifeguard party is held each year at the end of july when most of the Nord swimming pools officials began closing the pools then after noting in past years that attendance dropped off after offshore medical students banned from hospitals new York not the new York state depart ment of education said thursday that several medical schools in the Caribbean and Mexico could no longer Send medical students to Complete their clinical training in new York teaching the move would effectively prevent most of the students and graduates of the so called offshore schools from entering the medical profession through training in new according to state education they seek their training and licensing in other states and later practice in new Only one of the 20 or so medical schools in the carib be the University of Guadalajara in received approval from the education department to Send medical students to new York the health department also said it was preparing regu lations that would prevent graduates of the unapproved medical schools from becoming interns or residents in new York teaching health department officials said there were no reliable figures on How Many citizens were enrolled in off Shore they gave a rough estimate of students from the unapproved schools can still enter 12 week clinical programs that provide specialized but since a Normal clinical year for third and fourth year students normally runs about 40 the students would effectively be barred from completing medical school in the states the education department said after routine on site it had disapproved four schools on a num Ber of Thomas assistant education com missioner for the said a chronic problem was 50 filipino Wii veterans win fight for citizenship the schools failure to provide effective Structure and oversight Over third and fourth year students taking off Campus clinical training in new York the other schools that were barred had never applied for state inspection and among the schools affected was Georges University medical school on the Island of in october students from Georges were evacuated when forces invaded Grenada after a Hartline marxist faction took Power on the according to the Liaison committee on medical Educa the National accrediting body for medical schools in the United medical schools in the Caribbean and Mexico that Cater to americans commonly have substandard faculties and inadequate Laboratory and Library most of the students enrolled in offshore medical schools have been rejected by medical schools in the United according to health the health departments two major concerns were that new Yorks 13 medical schools already were producing More than enough graduates and that Hospital patients must be assured that any medical students or residents caring for them were fully new Yorks action will not affect americans in such tradition Al medical schools As those in Europe that have fou year like students in other offshore Georges students count heavily on entering Medicine in the United states by taking their third and fourth year Clini Cal training and then their postgraduate residency training in hospitals in the United los Angeles a More than 50 filipinos who served with Allied forces in world War ii were sworn in As Citi Zens ending a 40year Battle for the citizenship they were promised As sol they were among people who be came naturalized citizens in two mass Cere monies thursday at the los Angeles convention another people took the oath Congress passed a Law in 1942 allowing aliens who served in military forces to obtain said immigration attorney Jack who represented the Filipi the japanese occupation of the Philippines and the subsequent formation of an Independent government prevented Many who qualified from applying after the the new government walked at the possibility of thousands of Young filipinos Chang ing Golan in said the Law expired and Many of these valiant men lost the Opportunity to obtain a Federal judge in 1976 ruled that those who were denied citizenship could use the 1942 Law each Veteran had to prove he had applied for citizenship during the War but was unable to Complete the process because of the japanese occupation of the islands or action by the government in the ins officials said delays since the court order were caused by the difficulty in verifying claims from the filipino our biggest problem is establishing that each person actually did apply for citizenship 40 years ago and was prevented from completing the process because of the philippine government said ins us Periso examiner Avelino in the stars and stripes 40 years ago today 1945 t Pierre accused arc traitor of will testify in the treason trial of marshal Henri Philippe the decision to bring Laval into the historic trial of his former Vichy chief was announced in Paris after a 90minute recess by judge Pierre 30 years ago today i55 billboard magazines 1955 to awards went to Disneyland for Best to film Jack Star of As tvs Best actor and Loretta Star of her own show As Best 20 years ago today 1965 the defense department maintained that despite the Vietnam crisis the army reserves should be merged with the National guard As soon As 70 years ago today 1975 turkish Premier Suleyman Demirel in Istanbul ruled out any possibility of the reactivation of military installations As Long As the maintains its arms embargo against this Nat member